---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-24-001386"
form_type: "8-K"
ticker: "FCCN"
cik: "0001131903"
company_name: "SPECTRAL CAPITAL Corp"
filed_at: "2024-06-17T23:59:59+00:00"
generated_at: "2026-06-01T04:03:05.670506+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Spectral Capital grants 6.75M options, Brehm to own ~42% after Node Nexus deal

## Summary
- Board approved up to 6,750,000 options at $0.43 per share to five directors and two officers.
- Sean Michael Brehm receives 3,000,000 options (125,000/month vesting); CEO Osterwalder also gets 3,000,000.
- Brehm to acquire 40M shares for Node Nexus (per prior 8-K) and buy 5M more for $1M, yielding ~41.91% control.
- Options vest monthly over 24 months with immediate vesting upon change of control or termination without cause.
- Exercise price is $0.43 per share; options expire 10 years from grant date.

## SEC filing metadata
- accession: 0001096906-24-001386
- form_type: 8-K
- ticker: FCCN
- cik: 0001131903
- company_name: SPECTRAL CAPITAL Corp
- filed_at: 2024-06-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.02, 5.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001386/0001096906-24-001386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001386/fccn-20240612.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-24-001386
- JSON: https://secwatch.observer/filing/0001096906-24-001386.json
- Plain text: https://secwatch.observer/filing/0001096906-24-001386.txt

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