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Crisp Momentum investor SERES reports 7.76% stake

SERES's separate agreement to buy 148,688,707 DKF-held shares had not resulted in delivery; those shares are excluded from its reported position.

(Neutral)

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Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Crisp Momentum Inc. (CRSF) is the issuer in a Schedule 13G reporting that SERES Investments S.a r.l., SPF beneficially owned 151,311,293 common shares, or 7.76% of the class, with sole voting and dispositive power over those shares.

SERES says it purchased the 151,311,293 shares from Jakota Games & Reels SAS on November 7, 2025. It separately agreed to purchase 148,688,707 shares held by Digital Knight Finance S.a r.l. (DKF); those shares had not been delivered, remained registered in DKF's name, and were excluded from SERES's reported position. SERES also agreed, subject to conditions, to return its shares of DKF to their former owner.

Beneficially owned 151,311,293 shares SERES's reported CRSF position
Percent of class 7.76% SERES's reported ownership percentage
Shares outstanding 1,949,621,210 shares Basis for the reported percent of class
Shares purchased from Jakota Games & Reels SAS 151,311,293 shares November 7, 2025
DKF shares under separate purchase agreement 148,688,707 shares Not delivered and excluded from SERES's reported position
beneficially owned regulatory
"reported by them as beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power regulatory
"Sole Voting Power 151,311,293.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power regulatory
"Sole Dispositive Power 151,311,293.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CRSF shares did SERES Investments report owning?

SERES reported beneficial ownership of 151,311,293 CRSF common shares, equal to 7.76% of the class. It reported sole voting and dispositive power over those shares.

Are the 148,688,707 DKF-held CRSF shares included in SERES's reported position?

No. SERES agreed to purchase 148,688,707 shares from DKF, but the shares had not been delivered, remained registered in DKF's name, and were excluded from SERES's statement. DKF and Clive Ng reported them as beneficially owned in a Schedule 13D/A filed December 12, 2025.

Who owns SERES Investments?

Since November 4, 2025, SERES has been wholly owned by Ivan Shabalov. Before then, it was wholly owned by GSF Foundation, of which Shabalov was the guardian.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates





92934S502

(CUSIP Number)
07/29/2025

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Since November 4, 2025, the reporting person has been wholly owned by Ivan Shabalov. Before that date it was wholly owned by GSF Foundation, a Jersey foundation, of which Ivan Shabalov was the guardian. Ownership is stated as of the date of this statement. The events reported are: (a) On July 29, 2025, the reporting person enforced its pledge over the shares of Digital Knight Finance S.a r.l. ("DKF") and became DKF's sole shareholder. DKF then held of record 148,688,707 shares, 14.2% of the 1,049,621,210 shares outstanding (the 529,359,775 shares reported on the cover of the issuer's Form 10-Q filed June 20, 2025, plus the 484,661,435 and 35,600,000 shares reported as issued in its Forms 8-K filed June 30 and July 15, 2025). (b) On November 7, 2025, the reporting person purchased 151,311,293 shares from Jakota Games & Reels SAS, now registered in its name, and agreed, subject to conditions, to return the shares of DKF to their former owner, which has since exercised control of DKF. (c) Also on November 7, 2025, the reporting person agreed to purchase DKF's 148,688,707 shares from DKF. Those shares have not been delivered, remain registered in the name of DKF, are reported by DKF and Clive Ng in their Schedule 13D/A filed December 12, 2025 as beneficially owned by them, and are not included in this statement. Percent of class is based on 1,949,621,210 shares outstanding: the 1,969,621,210 shares reported on the cover of the issuer's Form 10-Q filed June 15, 2026, less the 20,000,000 shares the issuer reported reacquiring on July 22, 2026 in its Form 8-K filed July 23, 2026.


SCHEDULE 13G



SERES Investments S.a r.l., SPF
Signature:/s/ Katalin Kato
Name/Title:Manager (category A)
Date:10/16/2026
Signature:/s/ Ivan Shabalov
Name/Title:Manager (category B)
Date:10/15/2026

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