8-K
filed May 27, 2026, 10:22 AM ET
ticker FCCN
CIK 0001131903
other material
confidence high
sentiment neutral
materiality 0.50
Spectral Capital issues 6.9M earn-out shares after Telvantis acquisition milestones met
SPECTRAL CAPITAL Corp
- Board determined FY2026 earn-out milestones under Dec 2025 Purchase Agreement with Telvantis were achieved.
- Issued 6,924,700 unregistered shares to 4 holders: Daniel Contreras (57,400), OTUS LLC (1,041,000), MEXEDIA DAC (4,500,000), CODEVERSE LLC (1,326,300).
- Shares represent ~8.1% of outstanding post-issuance; total consideration issued is 7,924,700 of max 10M shares.
- Shares are subject to lock-up until Dec 31, 2026, then trickle-out at 4% per month; beneficial ownership cap at 4.9% (waivable to 9.99%).
- Issuance exempt from registration under Rule 506(b); each holder is an accredited investor.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001096906-26-000861
- form_type
- 8-K
- ticker
- FCCN
- cik
- 0001131903
- company_name
- SPECTRAL CAPITAL Corp
- filed_at
- 2026-05-27T14:22:43+00:00
- discovered_at
- 2026-05-27T14:24:01.260871+00:00
- generated_at
- 2026-05-27T14:24:48.421512+00:00
- sec_items
- ["3.02", "9.01"]
- event_type
- other_material
- sentiment
- neutral
- materiality_score
- 0.5
- calibrated_materiality_score
- 0.5
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001096906-26-000861
- json_url
- https://secwatch.observer/filing/0001096906-26-000861.json
- markdown_url
- https://secwatch.observer/filing/0001096906-26-000861.md
- text_url
- https://secwatch.observer/filing/0001096906-26-000861.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1131903/000109690626000861/0001096906-26-000861-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1131903/000109690626000861/fccn-20260522_8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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