---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-056375"
form_type: "8-K"
ticker: "HWNI"
cik: "0001413891"
company_name: "HIGH WIRE NETWORKS, INC."
filed_at: "2024-06-27T23:59:59+00:00"
generated_at: "2026-06-01T00:58:32.342671+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# High Wire Networks sells tech services assets for $11.2M to become pure-play cybersecurity firm

## Summary
- Sold technology enablement services business to ServicePoint (INNO4 LLC) for $11.2M all cash.
- Proceeds to reduce debt by ~$5M, including $1.1M in convertible debentures and $3.2M in notes payable.
- Board approved holding for sale of Secure Voice Corp; tentative sales agreement expected to close before end of Q3.
- Overwatch TCV reached record $10.4M in Q1 2024, up 104% YoY; recurring revenue annualized >$5M, up >25% from 2023.
- Expects to reach breakeven in second half of 2024; new global OEM partner signed for Firewall as a Service.

## SEC filing metadata
- accession: 0001213900-24-056375
- form_type: 8-K
- ticker: HWNI
- cik: 0001413891
- company_name: HIGH WIRE NETWORKS, INC.
- filed_at: 2024-06-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1413891/000121390024056375/0001213900-24-056375-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1413891/000121390024056375/ea0208590-8k_highwire.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-056375
- JSON: https://secwatch.observer/filing/0001213900-24-056375.json
- Plain text: https://secwatch.observer/filing/0001213900-24-056375.txt

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