Dec 17 (Reuters) - Cycliq Group Ltd CYQ.AX :
* ACQUISITION OF AIRHUB, CAPITAL RAISING AND EXECUTIVE CHANGES
* PAUL CLAESSEN, BEN HAMMOND WILL BE STEPPING DOWN FROM THEIR POSITIONS AS CO-CEOS
* EXECUTED A BINDING TERMS SHEET WITH TERRAIN DYNAMICS AND FOUNDER FOR ACQUISITION OF AIRHUB BUSINESS AND PATENTS