Crisp Momentum assigns $1.5M loan to Partum AG in exchange for 20M shares repurchase

Crisp Momentum Inc.

Crisp assigned its $1.5M loan receivable from Nexvers to Partum AG in exchange for 20M shares of Crisp common stock.
Partum AG transferred 20M shares back to Crisp, which will be cancelled and returned to authorized but unissued status.
Transaction closed on July 22, 2026; board approved repurchase under DGCL surplus test.
Partum AG is not an affiliate of Crisp; Nexvers' obligations remain unchanged and owed to Partum AG.
Company states a principal purpose is favorable accounting treatment for the loan transfer.

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