STOCK TITAN

Adrian Cheng joins Crisp Momentum (CRSF) board as new chair

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Crisp Momentum Inc. reported that its Board of Directors appointed Chi Kong (Adrian) Cheng as a director and as Chairman of the Board effective October 3, 2025. The company highlights his several decades of international leadership experience and expertise in digital ecosystems to help guide global growth and brand strategy.

The filing states there are no arrangements or understandings with other persons regarding his selection, and no family relationships with existing directors or executives. It notes that an entity wholly owned by Dr. Cheng previously acquired approximately 24% of the company’s outstanding common stock from an unaffiliated stockholder in a private transaction. The company also furnished a press release about his appointment as an exhibit.

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Insights

Crisp Momentum adds major shareholder Adrian Cheng as board chair.

Crisp Momentum Inc. appointed Chi Kong (Adrian) Cheng as both director and Chairman of the Board, consolidating board leadership in someone the company describes as having decades of international experience in digital ecosystems. This aligns the board’s top role with a figure expected to influence global growth and brand strategy.

The filing also notes that an entity wholly owned by Dr. Cheng previously acquired approximately 24% of the company’s outstanding common stock from an unaffiliated stockholder in a private transaction. That stake makes him a significant shareholder whose interests are now directly represented in board leadership, while the company states there are no related-party transactions requiring disclosure under Item 404(a) and no family relationships with current executives.

The formal press release dated October 9, 2025, furnished as an exhibit, signals that the company is publicly emphasizing this governance change. Future company filings and communications may provide more detail on how Dr. Cheng’s strategy and ownership position influence board priorities and operational decisions.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 3, 2025

 

Crisp Momentum Inc.

 

(Exact name of registrant as specified in its charter)

 

Delaware   000-24520   04-3021770
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

1700 Palm Beach Lakes Blvd., Suite 820
West Palm Beach, FL
  33401
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (305) 351-9195

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.

 

On October 3, 2025, the Board of Directors (the “Board”) of Crisp Momentum Inc. (the “Company”) appointed Chi Kong (Adrian) Cheng as a member of the Board and as the Chairman of the Board.

 

Dr. Cheng has several decades of international leadership experience and expertise in digital ecosystems and will guide the Company’s global growth and brand strategy.

 

There are no arrangements or understandings between Dr. Cheng and any other persons pursuant to which he was selected as a director. There are no family relationships between Dr. Cheng and any director or executive officer of the Company, and he has no indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. An entity wholly owned by Dr. Cheng previously acquired approximately 24% of the Company’s outstanding common stock from an unaffiliated stockholder in a private transaction.

 

Item 7.01 Regulation FD Disclosure.

 

On October 9, 2025, the Company issued a press release announcing the appointment of Dr. Cheng. A copy of the press release is furnished as Exhibit 99.1 attached to this Form 8-K and incorporated into this item 7.01 by reference

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit

Number

  Description
99.1   Press Release, dated October 9, 2025.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Crisp Momentum Inc.
   
Dated: October 9, 2025 By: /s/ Renger van den Heuvel
  Name: Renger van den Heuvel
  Title: Chief Executive Officer

 

 

 

FAQ

What board change did Crisp Momentum Inc. (CRSF) announce?

Crisp Momentum Inc. announced that its Board appointed Chi Kong (Adrian) Cheng as a member of the Board and as Chairman of the Board effective October 3, 2025.

Who is Chi Kong (Adrian) Cheng and what experience does he bring to CRSF?

The company describes Dr. Cheng as having several decades of international leadership experience and expertise in digital ecosystems, and indicates he will guide Crisp Momentum’s global growth and brand strategy.

Does Adrian Cheng have a significant ownership stake in Crisp Momentum Inc. (CRSF)?

Yes. The filing states that an entity wholly owned by Dr. Cheng previously acquired approximately 24% of the company’s outstanding common stock from an unaffiliated stockholder in a private transaction.

How did Crisp Momentum Inc. (CRSF) communicate Adrian Cheng’s appointment publicly?

The company issued a press release on October 9, 2025 announcing Dr. Cheng’s appointment. This press release is included as Exhibit 99.1 to the report.

What exhibits were included with Crisp Momentum Inc.’s 8-K about the board appointment?

The report includes Exhibit 99.1, a press release dated October 9, 2025, and Exhibit 104, the cover page interactive data file embedded within the Inline XBRL document.