---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-010641"
form_type: "8-K"
ticker: "HMMR"
cik: "0001539680"
company_name: "HAMMER TECHNOLOGY HOLDINGS CORP."
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T02:44:00.206072+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hammer Fiber Optics converts $2.68M debt into 10.15M shares, extinguishing loan

## Summary
- Converted $2,680,798.50 convertible note into 10,154,542 shares at $0.264 per share, extinguishing full debt.
- Note originally held by director Michael Sevell was assigned to Caban Global Reach Private Equity LP.
- Transaction approved by independent committee (Eric Maire, Mark Stogdill) due to related-party nature.
- No placement agent fees or underwriting costs incurred; issuance exempt under Securities Act Section 3(a)(9).
- Company also plans to change corporate name; effective date to be announced in a later filing.

## SEC filing metadata
- accession: 0001062993-25-010641
- form_type: 8-K
- ticker: HMMR
- cik: 0001539680
- company_name: HAMMER TECHNOLOGY HOLDINGS CORP.
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 1.02, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1539680/000106299325010641/0001062993-25-010641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1539680/000106299325010641/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-010641
- JSON: https://secwatch.observer/filing/0001062993-25-010641.json
- Plain text: https://secwatch.observer/filing/0001062993-25-010641.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.