secwatch.observer — SEC 8-K summary
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Issuer:     Hawkeye Systems, Inc. (HWKE)
CIK:        0001750777
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001683168-26-002690
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 2.03, 3.02, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/0001683168-26-002690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750777/000168316826002690/hawkeye_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-002690

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