Hammer Fiber Optics converts $5.27M debt to equity at $3/share, 5x OTC price

HAMMER TECHNOLOGY HOLDINGS CORP.

Converted $5,272,500 debt owed to director Michael A. Sevell into 1,757,500 shares of HMMR common stock at $3.00/share.
The $3 conversion price is roughly 5x the current OTC market price, indicating strong insider confidence.
Company is pivoting to a global fintech strategy and plans to rebrand as Hammer Technology Holdings.
Sevell, an early and ongoing investor, expressed bullishness on restructuring and will assume a supportive financial role.

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