secwatch.observer — SEC 8-K summary
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Issuer:     Crisp Momentum Inc. (CRSF)
CIK:        0000924396
Form:       8-K
Filed at:   2025-09-09T23:59:59+00:00
Accession:  0001641172-25-026990
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crisp Momentum issues 1B shares to related party Jakota Capital for $6M; ownership rises to 60.32%
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- Issued 1B shares at $0.006/share to Jakota Capital AG for $6M total; $3M cash and $3M promissory note.
- Buyer previously owned 22.65%; post-closing ownership jumps to 60.32% (48.70% from new shares).
- Promissory note at 0.1% interest, 90-day maturity; if unpaid, company can redeem proportional shares for $1.
- Buyer agreed to 6-month lock-up on shares from closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924396/000164117225026990/0001641172-25-026990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924396/000164117225026990/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-026990

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