---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-015991"
form_type: "8-K"
ticker: "CRSF"
cik: "0000924396"
company_name: "Crisp Momentum Inc."
filed_at: "2022-06-06T23:59:59+00:00"
generated_at: "2026-06-25T04:34:04.365413+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Descrypto completes acquisition of OpenLocker, issuing 12.5M shares; expands into college sports NFTs

## Summary
- Acquired all OpenLocker shares for 12,500,002 common shares; OpenLocker becomes wholly owned subsidiary.
- Board expanded to three; Brian Klatsky appointed as director; voting agreements with major shareholders.
- Co. committed up to $550K for OpenLocker working capital; $735K raised via common stock sale at $0.40/share.
- Series A preferred redemption condition requires raising $1.5M; $735K raised and acquisition agreement satisfied.
- OpenLocker focuses on college athlete NIL NFTs and thoroughbred racing digital collectibles via OpenStable.

## SEC filing metadata
- accession: 0001493152-22-015991
- form_type: 8-K
- ticker: CRSF
- cik: 0000924396
- company_name: Crisp Momentum Inc.
- filed_at: 2022-06-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924396/000149315222015991/0001493152-22-015991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924396/000149315222015991/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-015991
- JSON: https://secwatch.observer/filing/0001493152-22-015991.json
- Plain text: https://secwatch.observer/filing/0001493152-22-015991.txt

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