---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-26-000327"
form_type: "8-K/A"
ticker: "FCCN"
cik: "0001131903"
company_name: "SPECTRAL CAPITAL Corp"
filed_at: "2026-03-17T23:59:59+00:00"
generated_at: "2026-05-15T10:07:13.584376+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Spectral Capital completes Telvantis Voice acquisition; acquired co. revenue collapsed 90% in 2024

## Summary
- Acquisition of 100% of Telvantis Voice Services effective Dec 31, 2025; financial statements now filed.
- Acquired co. revenue fell from $215.4M in 2023 to $22.5M in 2024 due to halt in working capital financing.
- Net income was $3.4M in 2024 (vs $0.9M in 2023) boosted by $5.5M other income; operating loss of $2.1M.
- Working capital deficit of $1.1M; cash only $48K; going concern note highlights reliance on recent working capital restructuring.
- Pro forma financials included; goodwill $1.6M and intangible assets $9.5M on acquired co. balance sheet.

## SEC filing metadata
- accession: 0001096906-26-000327
- form_type: 8-K/A
- ticker: FCCN
- cik: 0001131903
- company_name: SPECTRAL CAPITAL Corp
- filed_at: 2026-03-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131903/000109690626000327/0001096906-26-000327-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131903/000109690626000327/fccn-20251229_8kz.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-26-000327
- JSON: https://secwatch.observer/filing/0001096906-26-000327.json
- Plain text: https://secwatch.observer/filing/0001096906-26-000327.txt

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