House of Doge Terminates Dogecoin License, Changes CEO and Plans to Acquire McQueen Labs

House of Doge Inc. filed an 8-K on October 23, disclosing several significant matters. Former CEO Marco Margiotta and CFO Charles Park resigned on October 22, and the board appointed Curtis Hopkins, CEO of McQueen Labs, as interim CEO and interim CFO. The company reached an agreement with the Dogecoin Foundation and MadeUpNumbers Ltd. to terminate the original amended trademark licensing agreement, requiring a name change by December 31, 2026, and to cease using terms such as "official corporate arm" or "official business partner." A new non-exclusive trademark licensing agreement was signed, limited to specified 21Shares Dogecoin-related products and new products approved in writing, with revenue sharing payments required. The assets related to the Such App mobile application will be transferred to ABJ Labs Inc. in exchange for $4 million worth of Dogecoin Labs common stock. An intention letter was signed with McQueen Labs to acquire its MCQ Markets token platform and microloan business, with the token platform valued at $15 million, primarily paid in stock and promissory notes. The company will evaluate reverse stock splits, financing options, and brand revitalization.

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