---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-24-001861"
form_type: "8-K"
ticker: "FCCN"
cik: "0001131903"
company_name: "SPECTRAL CAPITAL Corp"
filed_at: "2024-09-17T23:59:59+00:00"
generated_at: "2026-05-31T04:09:53.452510+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Spectral Capital agrees to acquire Crwdunit Inc. for $15M in stock; related-party transaction

## Summary
- Purchase price of $15M paid via 3.75M newly issued shares of common stock.
- Target has proprietary Quantization Mechanism for decentralized cloud performance measurement.
- Closing expected by December 10, 2024, subject to due diligence, regulatory and board approvals.
- Seller is CrowdPoint Technologies, controlled by Chairman Sean Michael Brehm (related party).
- Acquisition supports Spectral's Quantum Bridge initiative; follows a licensing deal by subsidiary IBA.

## SEC filing metadata
- accession: 0001096906-24-001861
- form_type: 8-K
- ticker: FCCN
- cik: 0001131903
- company_name: SPECTRAL CAPITAL Corp
- filed_at: 2024-09-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001861/0001096906-24-001861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001861/fccn-20240910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-24-001861
- JSON: https://secwatch.observer/filing/0001096906-24-001861.json
- Plain text: https://secwatch.observer/filing/0001096906-24-001861.txt

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