STOCK TITAN

Crisp Momentum Inc. (CRSF) trades Nexvers loan rights for 20M shares

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Crisp Momentum Inc. entered into a Loan Assignment and Share Repurchase Agreement with Partum AG on July 22, 2026. The company had previously extended a term loan facility of up to $3,000,000 to Nexvers Co., Ltd., under which advances of $1,700,000 were made. Nexvers repaid $200,000, leaving an outstanding principal balance of $1,500,000 plus accrued and unpaid interest, defined as the Outstanding Loan Obligations.

Under the new agreement, Crisp Momentum assigned to Partum all of its rights, title and interest in the loan documents so that Partum becomes the sole lender and holder of the loan. In consideration for this assignment, Partum transferred 20,000,000 shares of Crisp Momentum’s common stock back to the company. The agreement includes customary representations, warranties and covenants and closed on July 22, 2026, when the share transfer was completed.

Positive

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Negative

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Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Term Loan Facility $3,000,000 Aggregate principal amount available under the loan agreement with Nexvers Co., Ltd.
Loan Advances Made $1,700,000 Total principal advanced by Crisp Momentum to Nexvers under the loan agreement
Partial Repayments $200,000 Aggregate amount previously repaid by Nexvers on the loan
Outstanding Principal Balance $1,500,000 Principal included in the Outstanding Loan Obligations assigned to Partum AG
Shares Transferred to Company 20,000,000 shares Common stock of Crisp Momentum transferred by Partum in consideration for the loan assignment
Material Definitive Agreement regulatory
"Item 1.01 Entry into a Material Definitive Agreement."
A material definitive agreement is a legally binding contract that creates major, long‑term obligations or rights for a company, such as loans, asset sales, mergers, or supplier deals. Think of it like a mortgage or lease for a business: it can change future cash flow, risk and control, so investors watch these agreements closely because they can materially affect a company’s value, financial health and stock price.
Loan Assignment and Share Repurchase Agreement financial
"entered into a Loan Assignment and Share Repurchase Agreement"
Outstanding Loan Obligations financial
"accrued and unpaid interest thereon (together, the “Outstanding Loan Obligations”)"
promissory note financial
"evidenced by a promissory note dated November 13, 2025"
A promissory note is a written IOU in which one party promises to pay a specific sum, often with interest, to another party by a set date or on demand. Investors care because it functions like a loan: it creates a legal claim on future cash flows, carries credit and timing risk, and can affect valuation or liquidity—think of it as a formal, tradable promise to be repaid that can be assessed like any other debt investment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Crisp Momentum Inc. (CRSF) announce regarding its agreement with Partum AG?

Crisp Momentum Inc. entered a Loan Assignment and Share Repurchase Agreement with Partum AG. The company assigned its rights in a Nexvers loan to Partum, and in return Partum transferred 20,000,000 common shares of Crisp Momentum back to the company.

What are the key terms of the Nexvers loan described by CRSF?

Crisp Momentum had a term loan facility of up to $3,000,000 with Nexvers. Advances totaled $1,700,000, of which $200,000 was repaid, leaving an outstanding principal balance of $1,500,000 plus accrued and unpaid interest as the Outstanding Loan Obligations.

How many CRSF shares did Partum AG transfer to the company?

In consideration for the assignment of the Nexvers loan, Partum AG transferred 20,000,000 shares of Crisp Momentum’s common stock to the company. This transfer occurred at closing on July 22, 2026, simultaneously with the completion of the loan assignment.

Who becomes the lender on the Nexvers loan after CRSF’s new agreement?

After the Loan Assignment and Share Repurchase Agreement, Partum AG becomes the sole lender and holder of the Nexvers loan documents. Crisp Momentum assigned all of its right, title and interest in the loan documents to Partum as part of the consideration for the share transfer.

When did the Loan Assignment and Share Repurchase Agreement for CRSF close?

The Loan Assignment and Share Repurchase Agreement closed on July 22, 2026. On that same date, Crisp Momentum completed the assignment of the Nexvers loan to Partum AG, and Partum transferred 20,000,000 common shares of Crisp Momentum to the company.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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): July 22, 2026

 

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)

 

(I.R.S. Employer

Identification Number)

 

250 Park Avenue, 7th Floor, New York, NY 10177

(Address of principal executive offices) (Zip code)

 

(305) 351-9195

(Registrant’s telephone number, including area code)

 

N/A

(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.)

 

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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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 1.01 Entry into a Material Definitive Agreement.

 

On July 22, 2026, Crisp Momentum Inc. (the “Company”) entered into a Loan Assignment and Share Repurchase Agreement (the “Assignment and Repurchase Agreement”), dated as of July 22, 2026, by and between the Company and Partum AG (“Partum”).

 

The Company and Nexvers Co., Ltd. (“Nexvers”) previously entered into a Loan Agreement dated November 13, 2025 (the “Loan Agreement”), pursuant to which the Company made a term loan to Nexvers in an aggregate principal amount of up to $3,000,000 (the “Loan”), evidenced by a promissory note dated November 13, 2025 (the “Note” and together with the Loan Agreement, the “Loan Documents”), and pursuant to which advances under the Loan Agreement were made by the Company to Nexvers in an aggregate principal amount of $1,700,000. Nexvers previously made partial repayments of the Loan in an aggregate amount of $200,000, leaving outstanding obligations under the Loan Documents consisting of an outstanding principal balance of $1,500,000 and certain accrued and unpaid interest thereon (together, the “Outstanding Loan Obligations”).

 

Pursuant to the terms of the Assignment and Repurchase Agreement, the Company agreed to assign to Partum all of the Company’s right, title, and interest in, to and under the Loan Documents (the “Assignment”), such that Partum would be the sole lender and holder of the Loan Documents following the Assignment. Prior to closing of the Assignment, Partum held 20,000,000 shares of the Company’s common stock (the “Shares”). In consideration for the Assignment and subject to the terms of the Assignment and Repurchase Agreement, Partum agreed to transfer the Shares to the Company.

 

The Assignment and Repurchase Agreement contains customary representations, warranties and covenants for a transaction of this type.

 

The Assignment closed on July 22, 2026, and Partum transferred the Shares to the Company on July 22, 2026.

 

The foregoing description of the Assignment and Repurchase Agreement is qualified in its entirety by reference to the complete terms and conditions of the Assignment and Repurchase Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and is incorporated by reference into this Item 1.01.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
10.1   Loan Assignment and Share Repurchase Agreement, dated as of July 22, 2026, by and between the registrant and Partum AG.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
 

 

SIGNATURES

 

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.
     
Date: July 23, 2026 By: /s/ Ana Rita Coelho
  Name: Ana Rita Coelho
  Title: Interim Chief Executive Officer

 

 

Filing Exhibits & Attachments

4 documents