Hammer Fiber to sell telecom assets to Viper for 2.5M shares; CFO/COO resign

HAMMER TECHNOLOGY HOLDINGS CORP.

Executed Purchase Agreement to sell telecom assets (1stPoint, Endstream, American Networks, 10% Wikibuli) to Viper Networks for 2.5 million HMMR shares.
Closing expected by end of 2024, subject to regulatory approvals and customary conditions.
CFO Erik Levitt and COO Kristen Vasicek resigned Aug 7; no disagreements with company.
Board appointed Mark Stogdill as Principal Financial Officer and Secretary, replacing Levitt.
Sale part of broader restructuring; Hammer to focus on fintech (HammerPay) after divestiture.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Mark Stogdill

Principal Financial Officer

HMMR · HAMMER TECHNOLOGY HOLDINGS CORP.

Effective: 2024-08-07
Filed: August 13, 2024, 7:59 PM ET

On August 7, 2024, the Board of Directors appointed Mark Stogdill to the position of Principal Financial Officer and Secretary of the Company.

Departed

Erik Levitt

Principal Financial Officer

HMMR · HAMMER TECHNOLOGY HOLDINGS CORP.

Effective: 2024-08-07
Successor: Mark Stogdill
Filed: August 13, 2024, 7:59 PM ET

On August 7, 2024, Erik Levitt tendered his resignation as Principal Financial Officer and as a director of the Company.

Departed

Kristen Vasicek

Chief Operating Officer

HMMR · HAMMER TECHNOLOGY HOLDINGS CORP.

Effective: 2024-08-07
Filed: August 13, 2024, 7:59 PM ET

On August 7, 2024, Kristen Vasicek tendered her resignation as Chief Operating Officer and Secretary of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Stogdill was appointed as Principal Financial Officer at HAMMER TECHNOLOGY HOLDINGS CORP..

Action: appointed
Role: Principal Financial Officer

Exact text from the filing

On August 7, 2024, the Board of Directors appointed Mark Stogdill to the position of Principal Financial Officer and Secretary of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Erik Levitt resigned as Principal Financial Officer at HAMMER TECHNOLOGY HOLDINGS CORP..

Action: resigned
Role: Principal Financial Officer

Exact text from the filing

On August 7, 2024, Erik Levitt tendered his resignation as Principal Financial Officer and as a director of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kristen Vasicek resigned as Chief Operating Officer at HAMMER TECHNOLOGY HOLDINGS CORP..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On August 7, 2024, Kristen Vasicek tendered her resignation as Chief Operating Officer and Secretary of the Company.

View on SEC.gov

HAMMER TECHNOLOGY HOLDINGS CORP. filing history →

Source: SEC EDGAR

accession 0001062993-24-014937

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