CRSF insiders disclose 11.6% position and large Oct 1 private sales
Rhea-AI Filing Summary
Crisp Momentum Inc. reporting persons JAKOTA CAPITAL AG and Ricardo da Silva Oliveira disclose beneficial ownership of 238,560,284 shares, equal to 11.6% of the issuer's 2,049,621,210 outstanding shares per a Stock Purchase Agreement representation. The filing (Amendment No. 4 to Schedule 13D) explains Mr. Oliveira s indirect control over Jakota through a chain of wholly owned entities but states he disclaims beneficial ownership. The filing also reports two privately negotiated sales on October 1, 2025: one sale of 500,000,000 shares for an aggregate $2,760,000 (about $0.00552 per share) and a second sale of 500,000,000 shares for an aggregate $3,000,000 (about $0.006 per share). The cover pages indicate the source of funds as WC and list citizenship/organization as Switzerland and Portugal.
Positive
- Disclosed chain of control showing ownership pathway through Joro Consulting Ltd. and Nobias Media Sarl
- Specific transaction economics provided for both private sales, including aggregate prices and per-share amounts
Negative
- Large share dispositions: two sales of 500,000,000 shares each were executed on the same date
- Significant dilution/transfer risk shown by transfers totaling large absolute share counts relative to outstanding shares
Insights
Large insider sales reported: two 500M-share private transactions on Oct 1, 2025.
The filing documents two separate privately negotiated dispositions of 500,000,000 shares each, for aggregate proceeds of $2.76M and $3.0M. Both per-share prices are disclosed ($0.00552 and $0.006), showing extremely low transaction pricing relative to typical equity prices but are facts stated in the filing.
This is materially relevant to investors because the reported transfers involve very large share counts (each representing a substantial fraction of the issuer s float as presented) and are explicitly documented in the Schedule 13D amendment.
Ownership chain and beneficial ownership disclosure clarified; ultimate owner disclaims beneficial ownership.
The filing explains Mr. Oliveira s control path: he owns Joro Consulting Ltd., which owns Nobias Media Sarl, which controls Jakota Capital AG. The statement also notes Mr. Oliveira disclaims beneficial ownership of the reported shares despite that control chain.
This clarification affects how voting and control may be interpreted from public filings and is a governance detail investors and regulators can reference without inference.