secwatch.observer — SEC 8-K summary
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Issuer:     SPECTRAL CAPITAL Corp (FCCN)
CIK:        0001131903
Form:       8-K
Filed at:   2024-12-11T23:59:59+00:00
Accession:  0001096906-24-002251
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral Capital closes crwdunit acquisition for 3.75M shares; total shares outstanding 71.7M
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- Acquired 100% of crwdunit, Inc. in exchange for 3,750,000 newly issued shares of Spectral common stock.
- Deal valued at $15M; stakeholders receive 1 share of Spectral for every $4 invested in crwdunit.
- Post-closing common shares outstanding: 71,742,516; preferred Series Quantum shares: 1,000,000 issued and outstanding.
- Assets include quantum-forward edge and hybrid computing IP; audited financials to be filed by amendment.
- Spectral trades on OTCQB under ticker FCCN; Chairman Sean Michael Brehm and CEO Jenifer Osterwalder cited growth ambitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1131903/000109690624002251/0001096906-24-002251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1131903/000109690624002251/fccn-20241210.htm
  HTML page:      https://secwatch.observer/filing/0001096906-24-002251

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