secwatch.observer — SEC 8-K summary
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Issuer:     Hawkeye Systems, Inc. (HWKE)
CIK:        0001750777
Form:       8-K
Filed at:   2024-01-03T23:59:59+00:00
Accession:  0001477932-24-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Hawkeye Systems restructures CEO/CFO compensation, issues ~3.1M shares to settle back pay
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- CEO Corby Marshall enters consulting agreement at $500/month starting Dec 1, 2023.
- CFO Christopher Mulgrew enters consulting agreement at $3,500/month starting Dec 1, 2023.
- Board approves 2,345,175 restricted shares to CEO to settle $375,228 in past due compensation.
- Board approves 764,375 restricted shares to CFO to settle $122,300 in past due compensation.
- All shares issued at $0.16 per share based on Dec 1, 2023 trading price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750777/000147793224000016/0001477932-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750777/000147793224000016/hwke_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-000016

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