other_material
confidence high
sentiment negative
materiality 0.90
OpenLocker issues 484.7M shares (43.8% of diluted total) to Jakota Games for $500K
Crisp Momentum Inc.
- 484,661,435 shares sold at $0.001031648 per share, total purchase price $500,000.
- Shares represent ~43.8% of fully diluted shares outstanding immediately after closing.
- Buyer agrees to 12-month lock-up on share sales per attached Lock-Up Agreement.
- Closing expected week of June 30, 2025; funds to be wired to company account.
- Massive dilution: existing holders' stake reduced by nearly half for minimal cash.
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