---
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"
generated_at: "2026-05-16T11:18:50.577976+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "medium"
source: SEC EDGAR
---

# Spectral signs binding term sheet to acquire Italy telecom Intermatica; up to 10M shares as consideration

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: medium
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-26-000033
- JSON: https://secwatch.observer/filing/0001096906-26-000033.json
- Plain text: https://secwatch.observer/filing/0001096906-26-000033.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: merger
  - Counterparty: Intermatica S.p.A.
  - Value: issuance of 5,000,000 shares of the Company’s common stock
  - Effective: 2026-01-04
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1131903/000109690626000033/0001096906-26-000033-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.