Highest-materiality recent filing
High Wire Networks restates Q1-Q3 2025 financials; $1.38M debt settlement loss omitted
Errors in accounting for loan defaults caused understatement of current loans payable and non-operating loss of $1,376,890.
High Wire Networks issues Series G preferred stock to GHS Investments for $34K initial close
Issued 34 shares of Series G Preferred Stock at $1,000/share ($34,000); plus 12 restricted shares as equity incentive.
High Wire Networks majority holder approves name change to O'Leary Industries via written consent
Dennis O'Leary, holding 88.96% of voting power, executed written consent on March 17, 2026.
High Wire Networks acquires Thoth Aerospace via share exchange; 80% control to seller, new CEO
Acquired Thoth via issuance of 16,597,353 shares (80% fully diluted); Thoth becomes wholly owned.
High Wire Networks completes asset sales to Tego Cyber, enters LOI to acquire Thoth Aerospace unit
Sold Managed Security Services assets to Tego Cyber's OW Cyber LLC for 750,000 Series B Preferred shares (stated value $3.0M).
High Wire Networks exchanges $1.6M debt for Series H Convertible Preferred Stock
Exchanged $650,000 of 2023 Note and $950,000 of 2025 Debenture for 160 shares of Series H Convertible Preferred Stock.
High Wire Networks issues $250K Series G preferred with 10M stock incentive
Issued 250 shares of Series G Convertible Preferred at $1,000/share ($250,000 total) to institutional investor.
High Wire Networks amends bylaws to increase stockholder meeting quorum to 33.33%
Quorum for stockholder meetings raised to one-third (33.33%) of voting power, effective March 17, 2025.
High Wire Networks cancels $10M ELOC to minimize shareholder dilution
Mutually terminated $10M equity line of credit (ELOC) on March 10, 2025.
High Wire Networks raises $1.0M via convertible debenture with 20% OID and secures up to $10M ELOC
Sold $1.2M face value 20% OID Senior Secured Convertible Debenture for $1.0M; convertible at 75% of VWAP with $0.01 floor.
High Wire Networks restates Q2 2024 financials due to unrecorded material expense
Non-reliance on June 30, 2024 financial statements originally filed Aug 23, 2024.
High Wire Networks names Edward Vasko COO; LaMarche resigns as COO, stays on board
Stephen LaMarche resigned as COO on Sept 19, 2024, but remains on the Board of Directors.
High Wire Networks sells tech services assets for $11.2M to become pure-play cybersecurity firm
Sold technology enablement services business to ServicePoint (INNO4 LLC) for $11.2M all cash.
High Wire Networks restates Q1/Q2 2023, reports preliminary Q3 loss of $2.1M
Restating Q1 and Q2 2023 financials due to derivative accounting errors; no impact on revenue or operating loss.
High Wire Networks enters $5M convertible note financing; issues $1.15M initially
Up to $5M 18% senior secured convertible notes; initial $1.15M issued to two institutional investors.
Company purchases certain software assets from John Peterson for $100,000 payable in $25,000 installments upon achieving specified milestones.
High Wire Networks names Curt Smith CFO with $360k salary, 4M options, bonus tied to Nasdaq uplist
Curt Smith appointed CFO on May 31, 2023, succeeding Dan Sullivan who retired.
Sold ADEX Corp., ADEX Canada, ADEX Puerto Rico, and ADEXCOMM to ADEX Acquisition Corp. for $1 cash plus assumption of ~$10M debt and cancellation of 140 Series D preferred shares.
High Wire Networks amends factoring agreement, adds subsidiaries, increases credit limit to $9M
Amendment adds HWN, Inc. and Secure Voice Corp. as sellers under factoring agreement with Bay View Funding.
High Wire Networks appoints Stephen LaMarche as Chief Operating Officer
Appointed Stephen W. LaMarche, age 59, as COO effective February 1, 2023.
High Wire Networks raises $6M through private placement of 80M shares at $0.075
Issued 80,000,000 shares of common stock at $0.075 per share for gross proceeds of $6,000,000.
High Wire Networks completes HWN acquisition; HWN's revenue down 30% with going-concern doubt
Acquisition of HWN, Inc. closed June 16, 2021; HWN becomes wholly-owned subsidiary of High Wire Networks.
High Wire Networks sells 50% stake in JTM Electrical for $525k total
Sold its 50% interest in JTM Electrical and Technology, LLC on February 15, 2022.
Spectrum Global Solutions changes name to High Wire Networks, Inc.; new ticker HWNI
Name changed to High Wire Networks, Inc. effective January 10, 2022.
Filed Amendment No. 1 to Series D Preferred Stock Certificate of Designation with Nevada Secretary of State on Dec 16, 2021.
Senior secured convertible note principal $2.5M, gross proceeds $2.425M (original issue discount).
CEO Roger Ponder resigns; Peter Kruse appointed to HWN board
Roger Ponder resigned as CEO and director, effective September 27, 2021.
Keith Hayter resigned as director and President effective August 9, 2021.
On September 19, 2024, Stephen LaMarche, the former Chief Operations Officer of High Wire Networks, Inc. (the “Company”), resigned from his position with the Company.
On September 19, 2024, the Board appointed Edward Vasko, the Chief Executive Officer of the Company’s Overwatch managed cybersecurity services division (“Overwatch”), to serve as Chief Operations Officer of the Company, effective immediately.
On May 31, 2023, Dan Sullivan retired as the Chief Financial Officer of High Wire.
On May 31, 2023, the board of directors of High Wire Networks, Inc. (“High Wire,” “we,” “our,” or “us”) appointed Curt Smith as our chief financial officer following the retirement of Dan Sullivan.
On February 1, 2023, High Wire Networks, Inc, a Nevada Corporation, (the “Company”) appointed Stephen W. LaMarche, age 59, as Chief Operating Officer of the Company.
Effective September 27, 2021, Roger Ponder resigned as a director of HWN, Inc.., a Delaware corporation, including his position as Chief Executive Officer of the Company.
On September 27, 2021, HWN, Inc., a Nevada corporation (the “Company”), appointed Peter H. Kruse, age 58, to replace Roger Ponder as a member of the board of directors.
Effective August 9, 2021, Keith Hayter resigned as a director of Spectrum Global Solutions, Inc.., a Nevada corporation, including his position as President of the Company.
appointed Stephen W. LaMarche, age 58, to replace Keith Hayter as a member of the board of directors.
Effective August 9, 2021, Keith Hayter resigned as a director of Spectrum Global Solutions, Inc.., a Nevada corporation, including his position as President of the Company.
Max materiality 0.90 · Median 0.55 · Most common event other_material