Aurion Group (CRSF) discloses 34.8% Crisp Momentum stake via loan-for-shares deal
Rhea-AI Filing Summary
Crisp Momentum Inc. received an updated ownership filing from Aurion Prime Holdings Limited, related entities and Chi Kong (Adrian) Cheng. The group now reports beneficial ownership of 713,250,926 shares of common stock, or 34.8% of the company, with shared voting and dispositive power.
The amendment explains a $2,644,311.24 convertible loan Aurion made to JAKOTA Capital AG on October 28, 2025. This loan was to be repaid by transferring 213,250,926 shares of Crisp Momentum common stock to Aurion by March 8, 2026, and JAKOTA delivered these shares on March 4, 2026.
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Insights
Large 34.8% stake clarified through loan-for-shares structure.
The filing shows that Aurion Prime Holdings Limited, related Almad entities and Chi Kong (Adrian) Cheng together report beneficial ownership of 713,250,926 Crisp Momentum shares, representing 34.8% of outstanding common stock based on the company’s disclosed share count.
A key detail is the $2,644,311.24 convertible loan Aurion extended to JAKOTA Capital AG on October 28, 2025, repayable by transferring 213,250,926 shares. JAKOTA delivered these shares on March 4, 2026, and agreed to follow Aurion’s voting instructions on them until the maturity date.
The reporting group indicates shared, not sole, voting and dispositive power over the stake and disclaims beneficial ownership beyond pecuniary interest. Future company disclosures may further describe any governance roles or additional transactions involving this large shareholding.
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