{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-25-001655","form_type":"8-K","ticker":"FCCN","cik":"0001131903","company_name":"SPECTRAL CAPITAL Corp","filed_at":"2025-10-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.862756+00:00","generated_at":"2026-05-17T04:17:57.976548+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Spectral signs binding term sheets to acquire Snack Prompt and MultiCortex for up to 20M shares","bullets":["Snack Prompt acquisition: 10M shares (1.5M initial + 8.5M earn-out) and up to $5M investment; $4M ARR milestone for earn-out.","MultiCortex acquisition: 10M shares (1.5M initial + 8.5M earn-out) and up to $15M investment after PCAOB audit and Nasdaq uplist.","Snack Prompt founder Eder Teixeira to receive $175K base salary plus 50% bonus; CMO designee at $10K/month.","MultiCortex term sheet includes 12-month lock-up, anti-dilution protections, and up to 40% equity for Brazilian defense subs.","Both transactions are subject to due diligence, board approvals, definitive agreements, and audit conditions – no assurance of closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-25-001655","json":"https://secwatch.observer/filing/0001096906-25-001655.json","markdown":"https://secwatch.observer/filing/0001096906-25-001655.md","text":"https://secwatch.observer/filing/0001096906-25-001655.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1131903/000109690625001655/0001096906-25-001655-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1131903/000109690625001655/fccn-20251003_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:17:57.976548+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}