CRSF director sells 151,311,293 shares for $29.44M (Form 4)
Crisp Momentum Inc. (CRSF) insider filing: A reporting person sold 151,311,293 shares of common stock on 11/07/2025 to a third party for an aggregate purchase price of approximately $29,444,500, based on a price per share of $0.1944.
Rhea-AI Filing Summary
Crisp Momentum Inc. (CRSF) insider filing: A reporting person sold 151,311,293 shares of common stock on 11/07/2025 to a third party for an aggregate purchase price of approximately $29,444,500, based on a price per share of $0.1944.
Following the transaction, the filer reported beneficial ownership of 244,295,648 shares, held directly. The filing identifies Norman Hansen as the principal and ultimate beneficial owner of Jakota Games & Reels SAS, and he disclaims beneficial ownership of the shares except to the extent of his pecuniary interest. The relationship to the issuer is reported as Director.
Positive
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Negative
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Insights
Large director sale to a third party; sizable stake remains; signals potential overhang risk.
Crisp Momentum Inc. (CRSF) reported a director sale of 151,311,293 common shares on
The explanatory footnote states the shares relate to Jakota Games & Reels SAS, whose principal and ultimate beneficial owner is Norman Hansen, and that Hansen disclaims beneficial ownership except to the extent of his pecuniary interest. That clarifies control context while reserving legal position on ultimate economic interest.
This is a large secondary sale to a third party, which can increase perceived supply. However, the remaining reported ownership is still substantial, indicating continued exposure. Watch for subsequent Section 16 filings that change the 244,295,648-share figure, and any future disclosures clarifying ownership form tied to the disclaimer. The transaction date is
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.0001 | 151,311,293 | $0.194 | $29.35M |
Footnotes (2)
- F1. The shares were sold to a third party for an aggregate purchase price of approximately $29,444,500 (price per share of $0.1944).
- F2. The principal and ultimate beneficial owner of Jakota Games and Reels SAS is Norman Hansen. Mr. Hansen disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
FAQ
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Does the filing include a beneficial ownership disclaimer?
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