---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-020114"
form_type: "8-K/A"
ticker: "HWNI"
cik: "0001413891"
company_name: "HIGH WIRE NETWORKS, INC."
filed_at: "2022-04-15T23:59:59+00:00"
generated_at: "2026-06-26T07:06:59.429966+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# High Wire Networks completes HWN acquisition; HWN's revenue down 30% with going-concern doubt

## Summary
- Acquisition of HWN, Inc. closed June 16, 2021; HWN becomes wholly-owned subsidiary of High Wire Networks.
- HWN's 2020 revenue $15.76M, down 30% from $22.49M in 2019; net loss attributable to HWN $693k vs net income $430k in 2019.
- Audited financials include going-concern warning: HWN has incurred losses, negative cash flows, and negative working capital.
- Acquisition consideration included issuance of newly created Series D Preferred Stock (terms not specified in this filing).
- HWN reports goodwill of $2.61M and intangible assets net of $1.40M as of Dec 31, 2020.

## SEC filing metadata
- accession: 0001213900-22-020114
- form_type: 8-K/A
- ticker: HWNI
- cik: 0001413891
- company_name: HIGH WIRE NETWORKS, INC.
- filed_at: 2022-04-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413891/000121390022020114/0001213900-22-020114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413891/000121390022020114/ea157917-8ka1_highwire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-020114
- JSON: https://secwatch.observer/filing/0001213900-22-020114.json
- Plain text: https://secwatch.observer/filing/0001213900-22-020114.txt

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