---
schema_version: "secwatch.filing_event.v1"
accession: "0001091818-23-000171"
form_type: "8-K"
ticker: "SNTW"
cik: "0001619096"
company_name: "Summit Networks Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:22:36.660414+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Summit Networks issues 666,667 shares for $100,000 in unregistered sale

## Summary
- Issued 666,667 shares of common stock for total proceeds of $100,000.05 in September 2023.
- Shares sold under Regulation D exemption, not a public offering, with limited number of purchasers.
- Transferee represented investment intent and agreed to restricted securities legend per Rule 144.

## SEC filing metadata
- accession: 0001091818-23-000171
- form_type: 8-K
- ticker: SNTW
- cik: 0001619096
- company_name: Summit Networks Inc.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1619096/000109181823000171/0001091818-23-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1619096/000109181823000171/sntw09292023form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001091818-23-000171
- JSON: https://secwatch.observer/filing/0001091818-23-000171.json
- Plain text: https://secwatch.observer/filing/0001091818-23-000171.txt

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