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 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 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 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.
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 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.
CEO Roger Ponder resigns; Peter Kruse appointed to HWN board
Roger Ponder resigned as CEO and director, effective September 27, 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