8-K
filed November 23, 2021, 6:59 PM ET
ticker CRSF
CIK 0000924396
other material
confidence high
sentiment neutral
materiality 0.85
Change in control: new owners acquire ~64% via redemption and purchases; board replaced
Crisp Momentum Inc.
- Company redeemed 163,432,468 shares from existing holders for $163 total ($0.000001/share), cancelling ~70% of their holdings.
- Subsequent private placements sold 180,753,736 shares to Leone, ACV, and MACA at $0.0001/share, raising ~$18,076.
- Leone Group and American Capital Ventures each now own 32.09%; Balance Labs drops from 46.1% to 12.96%.
- Board expanded from 2 to 4; Laura Anthony (Leone) appointed Chairman, Howard Gostfrand (ACV) named CEO/PFO; Rubin and Wexler resigned.
- Company agrees to transfer trademark 'Kryptobank' and URLs to designee of selling stockholders.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laura Anthony was appointed as President at Crisp Momentum Inc..
- Action
- appointed
- Role
- President
Exact text from the filing
Ms. Anthony to serve as President and Secretary of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laura Anthony was appointed as Director at Crisp Momentum Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board increased the size of the Board from two members to four members and named Ms. Anthony and Mr. Gostfrand as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Rubin resigned as Director at Crisp Momentum Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Immediately thereafter, Messrs. Rubin and Wexler resigned as members of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laura Anthony was appointed as Secretary at Crisp Momentum Inc..
- Action
- appointed
- Role
- Secretary
Exact text from the filing
Ms. Anthony to serve as President and Secretary of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Rubin resigned as other_named_officer at Crisp Momentum Inc..
- Action
- resigned
Exact text from the filing
Mr. Rubin resigned from all officer positions with the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Howard Gostfrand was appointed as Director at Crisp Momentum Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
the Board increased the size of the Board from two members to four members and named Ms. Anthony and Mr. Gostfrand as directors of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Howard Gostfrand was appointed as Chief Executive Officer at Crisp Momentum Inc..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
the Board also appointed (i) Mr. Gostfrand to serve as Chief Executive Officer and Principal Financial Officer of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Howard Gostfrand was appointed as Principal Financial Officer at Crisp Momentum Inc..
- Action
- appointed
- Role
- Principal Financial Officer
Exact text from the filing
the Board also appointed (i) Mr. Gostfrand to serve as Chief Executive Officer and Principal Financial Officer of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Wexler resigned as Director at Crisp Momentum Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
Immediately thereafter, Messrs. Rubin and Wexler resigned as members of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Laura Anthony was appointed as Chairman of the Board at Crisp Momentum Inc..
- Action
- appointed
- Role
- Chairman of the Board
Exact text from the filing
Ms. Anthony was also appointed Chairman of the Board.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.