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
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.
FAQ
What ownership stake in Crisp Momentum Inc. (CRSF) is reported in this Schedule 13D/A amendment?
Who are the reporting persons in the Crisp Momentum Inc. (CRSF) Schedule 13D/A Amendment No. 1?
What is the significance of the $2,644,311.24 loan mentioned in the CRSF Schedule 13D/A amendment?
How and when were shares of Crisp Momentum Inc. (CRSF) transferred under the loan agreement?
What voting and dispositive powers do the CRSF Schedule 13D/A reporting persons have over their shares?
How was the 34.8% ownership percentage in Crisp Momentum Inc. (CRSF) calculated in this amendment?