Highest-materiality recent filing
Hammer Fiber Optics converts $2.68M debt into 10.15M shares, extinguishing loan
Converted $2,680,798.50 convertible note into 10,154,542 shares at $0.264 per share, extinguishing full debt.
Hammer Technology pivots to fintech, resolves audit issues, and restructures related-party debt
Divested legacy telecom assets in late 2024; now focused on HammerPay fintech platform for unbanked.
Hammer Fiber Optics dismisses Fruci, appoints Salberg & Company as new auditor
Board dismissed Fruci & Associates II, PLLC as independent auditor on Feb 20, 2025.
Hammer Fiber to sell telecom assets to Viper for 2.5M shares; CFO/COO resign
Executed Purchase Agreement to sell telecom assets (1stPoint, Endstream, American Networks, 10% Wikibuli) to Viper Networks for 2.5 million HMMR shares.
Hammer Fiber Optics says FY2022 and FY2023 audit opinions are unreliable; will restate
Auditor Fruci notified company on July 23, 2024 that audit opinions for FY July 31, 2022 and FY July 31, 2023 are not reliable due to insufficient procedures.
Hammer Fiber Optics dismisses auditor Boyle CPA, appoints Fruci & Associates
Dismissed Boyle CPA on Nov 14, 2022 due to failure to respond to communications regarding audit for FY July 31, 2022.
Hammer Fiber Optics raises $742,500 via convertible notes and warrants
Entered SPA with Mast Hill Fund for $550K note, net $495K after $55K OID, at 12% interest.
Hammer Fiber Optics acquires TFS-LTD in share exchange; renames unit HammerPay
Acquires 100% of TFS-LTD (5M shares) for 5M restricted HMMR shares; TFS-LTD becomes wholly owned subsidiary.
Hammer Fiber Optics converts $5.27M debt to equity at $3/share, 5x OTC price
Converted $5,272,500 debt owed to director Michael A. Sevell into 1,757,500 shares of HMMR common stock at $3.00/share.
On April 4, 2025, the Board of Directors of the Company voted unanimously to appoint Eric Maire to the Board as an Independent Director.
On August 7, 2024, the Board of Directors appointed Mark Stogdill to the position of Principal Financial Officer and Secretary of the Company.
On August 7, 2024, Erik Levitt tendered his resignation as Principal Financial Officer and as a director of the Company.
On August 7, 2024, Kristen Vasicek tendered her resignation as Chief Operating Officer and Secretary of the Company.
As disclosed in a previous Current Report on Form 8-K the Company's CEO, Erik B. Levitt, resigned his position as CEO of the Company on September 14, 2021.
On September 17, 2021 the Board of Directors (the 'Board') of Hammer Fiber Optics Holdings Corp. (the 'Company') approved the appointment of Michael P. Cothill, who currently serves as Chairman of the Board, to the position of Chairman of the Board in the capacity of an executive of the Company ('Executive Chairman').
Effective September 14, 2021, Erik B. Levitt resigned from his position as Chief Executive Officer of Hammer Fiber Optics Holdings Corp. (the Company).
Max materiality 0.90 · Median 0.60 · Most common event other_material