---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-002690"
form_type: "8-K"
ticker: "HWKE"
cik: "0001750777"
company_name: "Hawkeye Systems, Inc."
filed_at: "2026-04-06T23:59:59+00:00"
generated_at: "2026-05-15T07:25:03.737739+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Hawkeye Systems restructures with $2.77M convertible note, new board, CEO resignation, and change in control

## Summary
- Hawkeye issued $2.77M convertible note to Hawkeye Holdco at $0.12/share; HH could own 69% of common if converted.
- Steve Hall purchased 2,000 shares of Series A Preferred for $200K, convertible to 7% of fully diluted common.
- Board expanded from 1 to 5 members; HH designates four new directors: Sumichrast, Farar, Fleisher, Olson.
- CEO/CFO Corby Marshall resigned; David Wachsman appointed President, Quinton Hamlett appointed CFO.
- Settled with Eagle Equities for $44K + 500K shares; canceled options for 177,600 shares for $1 total.

## SEC filing metadata
- accession: 0001683168-26-002690
- form_type: 8-K
- ticker: HWKE
- cik: 0001750777
- company_name: Hawkeye Systems, Inc.
- filed_at: 2026-04-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/0001683168-26-002690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/hawkeye_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-002690
- JSON: https://secwatch.observer/filing/0001683168-26-002690.json
- Plain text: https://secwatch.observer/filing/0001683168-26-002690.txt

## Source-grounded claims
- claim_id: 3d882637875981860d6be842ee5b09141f617644
  claim: Hawkeye Systems, Inc. incurred convertible notes of $2,767,756 with Hawkeye Holdco LLC at non-interest bearing maturing 24 months from its date of issuance.
  evidence_excerpt: On April 1, 2026, Hawkeye Systems, Inc. (the “Company”) issued an non-interest bearing Convertible Promissory Note to Hawkeye Holdco LLC (“HH”) with an original principal amount of $2,767,756
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/0001683168-26-002690-index.htm
- claim_id: 2807253b8808f27042f62c1ad828665b40d339e7
  claim: Hawkeye Systems, Inc. entered into Subscription Agreement with Steve Hall valued at $200,000 (effective 2026-04-01).
  evidence_excerpt: On April 1, 2026, the Company and Hall entered into a Subscription Agreement, pursuant to which Hall purchased 2,000 shares of Preferred Stock (as defined below) for an aggregate purchase price of $200,000 (the “Subscription Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/0001683168-26-002690-index.htm
- claim_id: 81c6b10529fbca87c6bb4ef5033bb7591a525c94
  claim: Hawkeye Systems, Inc. entered into Investor Rights Agreement with Hawkeye Holdco LLC and Steve Hall (effective 2026-04-01).
  evidence_excerpt: On April 1, 2026, the Company, Hall, and HH entered into an Investor Rights Agreement (the “Investor Rights Agreement”), pursuant to which the Company agreed to file a registration statement registering the resale of all shares of Common Stock held by HH and shares of Common Stock issuable upon the exercise or conversion of securities held by HH (the “Registrable Securities”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/0001683168-26-002690-index.htm
- claim_id: f21e5e5623139abc7d88b18585080352fe3c14d5
  claim: Hawkeye Systems, Inc. entered into Note Purchase Agreement with Hawkeye Holdco LLC and Steve Hall valued at $2,767,756 (effective 2026-04-01).
  evidence_excerpt: The Convertible Promissory Note has a maturity date of 24 months from its date of issuance and was issued pursuant to a Note Purchase Agreement (the “Note Purchase Agreement”), dated as of April 1, 2026, among the Company, Hall, and HH.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/0001683168-26-002690-index.htm

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