Crisp Momentum (CRSF) holder Clive Ng reports 7.25% stake via 148.7M shares
Rhea-AI Filing Summary
Crisp Momentum Inc. has an updated large-shareholder disclosure showing that Digital Knight Finance S.a r.l. and its ultimate owner Clive Ng beneficially hold 148,688,707 shares of common stock. This represents about 7.25% of the company’s 2,049,621,210 shares of common stock outstanding, based on a stock purchase agreement dated September 5, 2025.
Mr. Ng owns 100% of CDL, which owns 100% of Digital Knight Finance S.a r.l., the direct holder of the shares. He ceased to have any direct or indirect interest in Digital Knight Finance S.a r.l. on August 8, 2025, then re-acquired those interests effective November 7, 2025. The shares were returned for no cash consideration under a settlement agreement through in-kind transfers, described as a return of previously pledged shares rather than a purchase or sale at a determinable price.
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FAQ
What ownership stake in Crisp Momentum Inc. (CRSF) is reported for Digital Knight Finance S.a r.l. and Clive Ng?
Digital Knight Finance S.a r.l. and its ultimate owner Clive Ng are reported as beneficial owners of 148,688,707 shares of Crisp Momentum Inc. common stock, representing approximately 7.25% of the issued and outstanding common shares.
How many Crisp Momentum Inc. (CRSF) shares are used as the basis for the reported 7.25% ownership?
The 7.25% ownership figure is based on 2,049,621,210 shares of common stock outstanding, pursuant to a representation by the issuer in a Stock Purchase Agreement dated September 5, 2025.
What is the ownership structure linking Clive Ng to the Crisp Momentum Inc. (CRSF) shares?
Clive Ng is the 100% owner of CDL, and CDL is the 100% owner of Digital Knight Finance S.a r.l. Digital Knight Finance S.a r.l. is the direct beneficial owner of the 148,688,707 Crisp Momentum Inc. shares, so Mr. Ng may be deemed the beneficial owner of those shares.
What changes occurred in Clive Ng’s interest in Digital Knight Finance S.a r.l. during 2025 regarding CRSF?
On August 8, 2025, Clive Ng ceased to have any direct or indirect interests in Digital Knight Finance S.a r.l. Effective November 7, 2025, he re-acquired his direct or indirect interests in Digital Knight Finance S.a r.l. and again became the beneficial owner of the shares it holds.
Was cash paid for the return of Crisp Momentum Inc. (CRSF) shares to Clive Ng’s structure?
The shares were returned to the reporting person for no cash consideration under a settlement agreement that satisfied obligations through in-kind transfers. The transaction is described as a return of previously pledged shares and not a purchase or sale at a determinable price.
What voting and dispositive powers are reported for the 148,688,707 CRSF shares?
For both Digital Knight Finance S.a r.l. and Clive Ng, sole voting power and sole dispositive power are reported as 0.00, while shared voting power and shared dispositive power are reported as 148,688,707.00 shares.