Crisp Momentum settles $2.9M loan with Banji, receives 80M shares as treasury

Crisp Momentum Inc.

Crisp to acquire 80M shares from Banji in full satisfaction of remaining $2.9M loan principal plus accrued interest.
TaleOn assets previously transferred; TopReels and Carpenstream interest not transferred, replaced by share repurchase.
Shares become treasury shares; loan receivable eliminated, reducing outstanding share capital.
Closing subject to conditions including board approval, independent valuation, audit, and regulatory approvals; outside date May 31, 2026.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Crisp Momentum Inc. entered into Loan Settlement and Share Repurchase Agreement with Banji Step K.K. and Motoko Yorozu (effective 2026-04-20).

Action: entry
Agreement: settlement
Counterparty: Banji Step K.K. and Motoko Yorozu
Effective: 2026-04-20

Exact text from the filing

On April 20, 2026, Crisp Momentum Inc., a Delaware corporation (the “Company”), entered into a Loan Settlement and Share Repurchase Agreement (the “Settlement Agreement”) with Banji Step K.K., a Japanese company (“Banji”), and Motoko Yorozu, a Japanese citizen (the “Guarantor” and, together with Banji, the “Banji Parties”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Crisp Momentum Inc. terminated Convertible Loan Agreement with Banji Step K.K. and Motoko Yorozu.

Action: termination
Agreement: credit facility
Counterparty: Banji Step K.K. and Motoko Yorozu

Exact text from the filing

The information set forth in Item 1.01 regarding the Settlement Agreement and the termination and discharge of the Loan Agreement is incorporated by reference into this Item 1.02.

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Crisp Momentum Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-018587

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