CRSF 13D/A: JGR to sell 39,054,494 shares for equity interests
Rhea-AI Filing Summary
Crisp Momentum Inc. (CRSF): Schedule 13D/A Amendment No. 1 discloses an updated beneficial ownership position by Norman Hansen and Jakota Games & Reels SAS (JGR).
Based on 2,049,621,210 shares outstanding (per a Stock Purchase Agreement dated September 5, 2025), the filing states beneficial ownership of 445,606,941 shares, or 21.74%, of Crisp Momentum common stock. Mr. Hansen is the 100% owner of JGR and may be deemed the beneficial owner of these shares; he disclaims beneficial ownership except to the extent of his pecuniary interest.
The amendment notes that on October 3, 2025, JGR agreed with a non-affiliated third party to sell an aggregate of 39,054,494 shares of Crisp Momentum common stock in exchange for equity interests in a privately held company. No cash consideration was exchanged and the price per share was not determinable.
Positive
- None.
Negative
- None.