---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-038662"
form_type: "8-K"
ticker: "FNGR"
cik: "0001602409"
company_name: "FingerMotion, Inc."
filed_at: "2026-08-17T13:15:35+00:00"
generated_at: "2026-08-17T13:17:50.985028+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FingerMotion issues $5M convertible note, buys 9.9% Lyken stake, names new CFO

## Summary
- $5M senior secured convertible note with $700K OID; net proceeds $4.3M, $1.3M available now, $3.3M held in DACA.
- Convertible at $0.35/share; monthly conversions at 90% of lowest 7-day VWAP, floor at 20% of Nasdaq min price; warrant for 4,092,993 shares.
- Acquired 9.9% of Lyken AI from Alset AI for 1,674,480 FNGR shares (~$500K); closed Aug 14 after TSXV approval.
- Chris Polimeni appointed CFO effective Aug 17, 2026, succeeding Lee Yew Hon; CEO and CFO each paid $30K/month pending comp committee.
- Note carries 125% acceleration on default, 12% default interest; exchange cap 12,256,260 shares unless stockholder approval.

## SEC filing metadata
- accession: 0001493152-26-038662
- form_type: 8-K
- ticker: FNGR
- cik: 0001602409
- company_name: FingerMotion, Inc.
- filed_at: 2026-08-17T13:15:35+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602409/000149315226038662/0001493152-26-038662-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602409/000149315226038662/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-038662
- JSON: https://secwatch.observer/filing/0001493152-26-038662.json
- Plain text: https://secwatch.observer/filing/0001493152-26-038662.txt

## Key facts
- Executive change
  Chris Polimeni was appointed as Chief Financial Officer at FingerMotion, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: The Company appointed Chris Polimeni as Chief Financial Officer, effective August 17, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602409/000149315226038662/0001493152-26-038662-index.htm
- Executive change
  Lee Yew Hon resigned as Chief Financial Officer at FingerMotion, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Mr. Polimeni succeeds Lee Yew Hon, whose resignation as Chief Financial Officer was accepted by the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1602409/000149315226038662/0001493152-26-038662-index.htm

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