secwatch.observer — SEC 8-K summary
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Issuer:     SPECTRAL CAPITAL Corp (FCCN)
CIK:        0001131903
Form:       8-K
Filed at:   2024-12-27T23:59:59+00:00
Accession:  0001096906-24-002314
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral acquires analytic tomography IP from Quantomo for 2M shares and €120K
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- 2,000,000 common shares (board approval pending, to be issued within 30 days) plus €120,000 cash paid for IP.
- IP is analytic tomography technology for accelerating data access in classical, hybrid, and quantum systems.
- Shares subject to 36-month lock-up; board may release early at its discretion.
- Post-acquisition common shares outstanding: 83,742,516; stock trades OTCQB under FCCN.
- Acquisition closed Dec 26, 2024; IP transferred free of liens and encumbrances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1131903/000109690624002314/0001096906-24-002314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1131903/000109690624002314/fccn-20241226.htm
  HTML page:      https://secwatch.observer/filing/0001096906-24-002314

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer