secwatch.observer — SEC 8-K summary
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Issuer:     Crisp Momentum Inc. (CRSF)
CIK:        0000924396
Form:       8-K
Filed at:   2021-11-23T23:59:59+00:00
Accession:  0001185185-21-001734
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 3.02, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Change in control: new owners acquire ~64% via redemption and purchases; board replaced
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/0001185185-21-001734-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924396/000118518521001734/wtechnol20211122_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-21-001734

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer