---
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"
generated_at: "2026-05-27T14:24:48.421512+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Spectral Capital issues 6.9M earn-out shares after Telvantis acquisition milestones met

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1131903/000109690626000861/0001096906-26-000861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1131903/000109690626000861/fccn-20260522_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-26-000861
- JSON: https://secwatch.observer/filing/0001096906-26-000861.json
- Plain text: https://secwatch.observer/filing/0001096906-26-000861.txt

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