secwatch.observer — SEC 8-K summary
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Issuer:     SPECTRAL CAPITAL Corp (FCCN)
CIK:        0001131903
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0001096906-25-001145
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral Capital signs definitive deal to acquire 42 Telecom for 8M shares plus earnout shares
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- Acquiring 100% of Maltese messaging-infrastructure provider 42 Telecom Ltd.
- Issue 8,000,000 shares upfront; 8,000,000 shares in escrow for 2025/2026 earnouts.
- Earnout tied to 2025 revenue guarantee of $15,000,000.
- Spectral abandons proposed Perks Loyalty (White Label) investment; no definitive agreement.
- Closing subject to board and shareholder approvals and PCAOB audit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1131903/000109690625001145/0001096906-25-001145-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1131903/000109690625001145/fccn-20250713.htm
  HTML page:      https://secwatch.observer/filing/0001096906-25-001145

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