secwatch.observer — SEC 8-K summary
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Issuer:     Summit Networks Inc. (SNTW)
CIK:        0001619096
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001091818-23-000171
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1619096/000109181823000171/0001091818-23-000171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1619096/000109181823000171/sntw09292023form8k.htm
  HTML page:      https://secwatch.observer/filing/0001091818-23-000171

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