---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-044032"
form_type: "8-K"
ticker: null
cik: "0001584754"
company_name: "ATECH (PARENT) RESOLUTION CORP."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T04:59:53.476834+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Akoustis sells all assets to SpaceX sub for $30.2M; equity holders likely get nothing

## Summary
- Sale to Tune Holdings (SpaceX subsidiary) for $30.2M cash plus assumed liabilities; closed May 15 after court approval.
- CEO Kamran Cheema and CFO Kenneth Boller terminated effective May 14; Cheema also resigned from board.
- Company renamed ATech (Parent) Resolution Corp.; common stock (AKTS) expected to have no recovery for holders.
- Separate ~$6M sale of GDSI assets to Silitronics still pending bankruptcy court approval.
- Company warns trading in common stock is highly speculative and distributions to equity holders are unlikely.

## SEC filing metadata
- accession: 0001213900-25-044032
- form_type: 8-K
- cik: 0001584754
- company_name: ATECH (PARENT) RESOLUTION CORP.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/0001213900-25-044032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/ea0242256-8k_atech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-044032
- JSON: https://secwatch.observer/filing/0001213900-25-044032.json
- Plain text: https://secwatch.observer/filing/0001213900-25-044032.txt

## Key facts
- Executive change
  Kamran Cheema resigned as Director at ATECH (PARENT) RESOLUTION CORP..
  - Action: resigned
  - Role: Director
  source text: Kamran Cheema resigned from the Company’s Board of Directors in connection with the sale of the Debtors’ assets to Purchaser, effective as of May 14, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/0001213900-25-044032-index.htm
- Executive change
  Kamran Cheema was terminated as Chief Executive Officer and Chief Product Officer at ATECH (PARENT) RESOLUTION CORP..
  - Action: terminated
  - Role: Chief Executive Officer and Chief Product Officer
  source text: Pursuant to the Purchase Agreement and effective as of May 14, 2025, the positions of Kamran Cheema as Chief Executive Officer and Chief Product Officer of the Company and Kenneth Boller as Chief Financial Officer of the Company terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/0001213900-25-044032-index.htm
- Executive change
  Kenneth Boller was terminated as Chief Financial Officer at ATECH (PARENT) RESOLUTION CORP..
  - Action: terminated
  - Role: Chief Financial Officer
  source text: Kenneth Boller as Chief Financial Officer of the Company terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/0001213900-25-044032-index.htm
- Governance Changes
  ATECH (PARENT) RESOLUTION CORP.: Amended certificate of incorporation to change company name from Akoustis Technologies, Inc. to ATech (Parent) Resolution Corp (effective 2025-05-15).
  - Change: charter amendment
  - Effective: 2025-05-15
  source text: On May 15, 2025, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment to the Company’s certificate of incorporation, as amended (the “Certificate of Amendment”), in connection with the below described Purchase Agreement. The Certificate of Amendment did not amend the certificate of incorporation except to change the Company’s corporate name from “Akoustis Technologies, Inc.” to “ATech (Parent) Resolution Corp.”, effective May 15, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/0001213900-25-044032-index.htm
- M&A Transactions
  ATECH (PARENT) RESOLUTION CORP. completed a disposition involving Tune Holdings Corp. for $30.2 million (closed 2025-05-15).
  - Action: disposition
  - Counterparty: Tune Holdings Corp.
  - Consideration: $30.2 million
  - Closing: 2025-05-15
  source text: agreed, subject to the terms and conditions of the Purchase Agreement, to purchase certain assets and assume certain liabilities from the Sellers for a purchase price of $30.2 million. On May 1, 2025, the Court approved the sale, and the sale was consummated by the Parties on May 15, 2025. --- EX-99.1 (PRESS RELEASE DATED MAY 15, 2025) --- EX-99.1 3
  evidence_url: https://www.sec.gov/Archives/edgar/data/1584754/000121390025044032/0001213900-25-044032-index.htm

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