secwatch.observer — SEC 8-K summary
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Issuer:     Crisp Momentum Inc. (CRSF)
CIK:        0000924396
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001641172-25-004788
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 3.02, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenLocker sells 80% stake for $400K; new CEO appointed, prior management resigns
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- Issued 426,501,851 shares (80% fully diluted) to buyers for $400,000 total consideration.
- Change of control: buyers now own 80%; prior officers/directors owned 61.4% pre-closing.
- Renger van den Heuvel appointed CEO and director; Laura Anthony resigned as director/officer.
- Proceeds to repay operating payables and debt; no significant business change planned.
- Lock-up agreements for 12 months from 5%+ holders; Gostfrand and Klatsky to resign as directors in 10 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924396/000164117225004788/0001641172-25-004788-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924396/000164117225004788/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-004788

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