secwatch.observer — SEC 8-K summary
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Issuer:     Crisp Momentum Inc. (CRSF)
CIK:        0000924396
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0001641172-25-019740
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OpenLocker acquires Crisp Momentum for 35.6M shares plus $6M earnout; Ng Chairman
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- Acquired Crisp Momentum Inc. for 35,600,000 shares of common stock; earnout capped at $6M in value.
- Digital Knight, seller, will own 14.1% of fully diluted shares after deal and private purchases.
- Company plans to change name to "Crisp Momentum Inc." in the next few weeks.
- Clive Ng appointed Chairman of the Board, effective July 10, 2025; over 35 years experience in Asian media.
- Crisp is a US-based IP monetization company focused on short-form content and Duanju genre.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924396/000164117225019740/0001641172-25-019740-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924396/000164117225019740/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-019740

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