{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-26-000033","form_type":"8-K","ticker":"FCCN","cik":"0001131903","company_name":"SPECTRAL CAPITAL Corp","filed_at":"2026-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.599292+00:00","generated_at":"2026-05-16T11:18:50.577976+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Spectral signs binding term sheet to acquire Italy telecom Intermatica; up to 10M shares as consideration","bullets":["Binding term sheet to acquire 100% of Intermatica S.p.A., an Italy-based telecommunications and technology company.","Consideration: 5M shares at closing + up to 5M earn-out shares (max 10M shares) based on FCF performance.","Intermatica expected to deliver up to $10M/year free cash flow to fully earn out the 10M shares.","Acquisition supports Spectral's strategy to achieve $450M in profitable revenue in 2026.","Transaction subject to due diligence, definitive agreement, regulatory approvals; no assurance of completion."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-26-000033","json":"https://secwatch.observer/filing/0001096906-26-000033.json","markdown":"https://secwatch.observer/filing/0001096906-26-000033.md","text":"https://secwatch.observer/filing/0001096906-26-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1131903/000109690626000033/0001096906-26-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1131903/000109690626000033/fccn-20260104_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:18:50.577976+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":[{"claim_id":"6de3993fddb3d08db0a781895413601c3c44cda7","claim":"SPECTRAL CAPITAL Corp entered into Binding Term Sheet with Intermatica S.p.A. valued at issuance of 5,000,000 shares of the Company’s common stock (effective 2026-01-04).","evidence_excerpt":"On January 4, 2026 Spectral Capital Corporation, a Nevada corporation (the “Company”), entered into a Binding Term Sheet (the “Term Sheet”) with Intermatica S.p.A., a società per azioni organized under the laws of the Republic of Italy (“Intermatica”), setting forth the principal terms and conditions pursuant to which the Company intends to acquire 100% of the issued and outstanding equity interests of Intermatica","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1131903/000109690626000033/0001096906-26-000033-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Intermatica S.p.A."},{"label":"Value","value":"issuance of 5,000,000 shares of the Company’s common stock"},{"label":"Effective","value":"2026-01-04"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}