---
schema_version: "secwatch.filing_event.v1"
accession: "0001091818-24-000029"
form_type: "8-K"
ticker: "SNTW"
cik: "0001619096"
company_name: "Summit Networks Inc."
filed_at: "2024-03-27T23:59:59+00:00"
generated_at: "2026-06-04T07:10:45.514917+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Summit Networks issues 625,000 shares at $0.16/sh in private placement

## Summary
- On March 25, 2024, Summit Networks issued 625,000 common shares for $100,000 (~$0.16/share).
- Shares sold under Regulation D exemption; transferee represented investment intent.
- Securities are restricted under Rule 144; issuance was not a public offering.

## SEC filing metadata
- accession: 0001091818-24-000029
- form_type: 8-K
- ticker: SNTW
- cik: 0001619096
- company_name: Summit Networks Inc.
- filed_at: 2024-03-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1619096/000109181824000029/0001091818-24-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1619096/000109181824000029/sntw0327248k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001091818-24-000029
- JSON: https://secwatch.observer/filing/0001091818-24-000029.json
- Plain text: https://secwatch.observer/filing/0001091818-24-000029.txt

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