Hawkeye Systems (HWKE) trims Rift Cyber holding with $13,222 sale

Rhea-AI Filing Summary

Hawkeye Systems, Inc. disclosed a Purchase Agreement to sell a portion of its minority stake in Rift Cyber, LLC. The company agreed to sell a 5.1% membership interest in Rift, which represents 20.4% of Hawkeye’s ownership stake, to Roy Pritchett, Jr. for $13,222, effective June 30, 2026. After the transaction, Hawkeye continues to hold a 19.9% membership interest in Rift. The deal is documented through a Purchase Agreement and an Assignment of Membership Interest, with Hawkeye warranting clear title to the interest being transferred.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Purchase price: $13,222 Membership interest sold: 5.1% Portion of Hawkeye’s Rift stake sold: 20.4% +3 more

6 metrics

Purchase price $13,222 Cash consideration for 5.1% membership interest in Rift Cyber at closing

Membership interest sold 5.1% Portion of Rift Cyber membership interest sold to purchaser

Portion of Hawkeye’s Rift stake sold 20.4% Represents 20.4% of Hawkeye’s original ownership interest in Rift Cyber

Hawkeye original Rift ownership 25% Membership interests in Rift Cyber held before the sale

Hawkeye remaining Rift interest 19.9% Membership interest in Rift Cyber after transaction effective June 30, 2026

Class B units transferred 205.72 units Membership Interest described as 205.72 Class B Units in Assignment

Key Terms

Purchase Agreement, Membership Interest, Assignment of Membership Interest, Class B Units

4 terms

Purchase Agreement financial

"entered into that certain Purchase Agreement, by and between the Company and Roy Pritchett, Jr."

A purchase agreement is a legally binding contract that spells out exactly what is being bought, for how much, and under what conditions, including timelines, seller and buyer promises, and protections if things go wrong. For investors it matters because the agreement fixes the deal’s price, risks and closing conditions—like a detailed receipt and return policy for a large transaction—so it helps determine whether the deal will complete and how it will affect the company’s value and cash flow.

Membership Interest financial

"a 5.1% member interest of the Company (the "Membership Interest") on the terms"

Assignment of Membership Interest financial

"by executing an Assignment of Membership Interest, in the form attached hereto as Exhibit A"

Class B Units financial

"The Membership Interest represents an ownership interest of Two Hundred Five and 72/100 (205.72) Class B Units of Assignee."

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Understanding 8-K Material Events →

Available on EDGAR 06/26/2026 - 04:53 PM Accepted by SEC EDGAR 06/26/2026 - 04:52 PM Learn about SEC filing dates

false 0001750777 0001750777 2026-06-26 2026-06-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): June 26, 2026

Hawkeye Systems, Inc.

(Exact Name of Registrant as Specified in its Charter)

Nevada		000-56332		83-0799093
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

7401 Carmel Executive Park Drive, Suite 315 Charlotte, NC		28226
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: (800) 576-4953

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐.

Item 8.01 Other Events.

On June 26, 2026 and effective June 30, 2026, Hawkeye Systems, Inc. (the “Company”) entered into that certain Purchase Agreement, by and between the Company and Roy Pritchett, Jr. (the “Purchaser”) (the “Purchase Agreement”). Pursuant to the Purchase Agreement, the Company agreed to sell 5.1% of its membership interest in Rift Cyber, LLC (“Rift”), representing 20.4% of the Company’s interest in Rift, to the Purchaser. After this transaction, the Company continues to hold 19.9% membership interest in Rift.

The foregoing summary of the Purchase Agreement is qualified in its entirety by reference to the text of the Purchase Agreement, a copy of which is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.		Description
99.1		Purchase Agreement, effective as of June 30, 2026, by and between Hawkeye Systems, Inc. and Roy Pritchett, Jr.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	HAWKEYE SYSTEMS, INC.
Date: June 26, 2026	By:	/s/ David Wachsman
	Name:	David Wachsman
	Title:	President

3

Exhibit 99.1

PURCHASE AGREEMENT

PURCHASE AGREEMENT (the "Agreement") dated as of June 30, 2026 (the “Effective Date”), by and between Hawkeye Systems, Inc. (“Hawkeye") and Roy Pritchett, Jr. (the “Purchaser”).

RECITALS

A.Hawkeye owns 25% of the membership interests of Rift Cyber, LLC (the “Company”); and

B.Hawkeye desires to sell and the Purchaser desires to purchase a 5.1% member interest of the Company (the "Membership Interest") on the terms and subject to the conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the foregoing recitals which are incorporated herein, and the mutual promises and agreements set forth herein, Hawkeye and the Purchaser agree as follows:

1. SALE

1.1Agreement to Sell. Upon the terms and subject to the conditions set forth in this Agreement, Hawkeye agrees to sell, transfer and assign to the Purchaser, and the Purchaser agrees to purchase and acquire from Hawkeye, the Membership Interest at Closing (as defined in Section 1.2 below).

1.2Closing. The Closing of the purchase and sale of the Membership Interest (the shall occur upon the Effective Date of this Agreement (the "Closing").

1.3Purchase Price. In consideration of Hawkeye's agreement to sell, transfer and assign the Membership Interest, and subject to the terms and conditions of this Agreement, including the Purchaser’s receipt of the Assignment (as defined below) signed by Hawkeye, the Purchaser agrees to pay the purchase price of Thirteen Thousand Two Hundred Twenty-Two Dollars ($13,222) to Hawkeye on the Closing.

1.4Delivery and Transfer of Membership Interest. Hawkeye represents, warrants and covenants as follows: (a) the Membership Interest represents 20.4% of Hawkeye’s ownership interest in the Company; (b) as of the date of this Agreement and the Closing, Hawkeye has good, valid and indefeasible title to the Membership Interest, free and clear of all liens, charges, encumbrances, security interests, options, calls, puts, pledges, trusts, voting trusts, assessments, reservations, restrictions, commitments, obligations, liabilities or claims of any nature whatsoever; and (c) other than those which have been obtained, no consent, approval or authorization of, certification, declaration or filing with any person, entity or granted authority is required in connection with the valid execution and delivery of this Agreement or the sale of the Membership Interest; (d) the sale of the Membership Interest to the Purchaser does not and will not conflict with or constitute a breach or event of default or instrument to which Hawkeye is a party, or any law, rule, regulation or court order applicable to Hawkeye. Contemporaneously herewith, Hawkeye shall assign the Membership Interest to the Purchaser by executing an Assignment of Membership Interest, in the form attached hereto as Exhibit A, (the “Assignment”).

1

2. MISCELLANEOUS

2.1Binding Effect; Benefits. This Agreement shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns. Notwithstanding anything contained in this Agreement to the contrary, nothing in this Agreement, expressed or implied, is intended to confer on any person other than the parties hereto or their respective heirs, successors, executors, administrators, representatives, agents and assigns any right, remedy, obligation or liability under or by reason of this Agreement.

2.2Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Counterparts may be delivered via facsimile, electronic mail (including PDF or any other electronic signature) or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

2.3Entire Agreement. This Agreement, together with the Exhibits attached hereto and all other documents to be delivered pursuant hereto, constitute the complete and exclusive written expression of the terms and conditions of the agreement among the parties and supersedes all prior or contemporaneous proposals, agreements, understandings, negotiations and discussions, oral or written, between the parties pertaining to the subject matter hereof. This Agreement may not in any way be explained, supplemented or modified by: (a) any prior or existing course of dealing; (b) any prior performance of the parties; or (c) any other method, unless amended by a writing executed by Hawkeye and the Purchaser.

2.4Execution of Additional Documents. Each party hereto will, at any time, and from time to time after Closing, upon request of the other party, execute, acknowledge and deliver all such further acts, deeds, assignments, transfers, conveyances, powers of attorney and assurances as may be required to carry out the intent of this Agreement, to transfer and vest title to the Membership Interest, to help the Purchaser or a representative of the Purchaser protect the right, title and interest in and enjoyment of the Membership Interest assigned, transferred and conveyed to the Purchaser pursuant to this Agreement; provided, however, this Agreement shall be effective regardless of whether any such additional documents are executed.

2.5Governing Law. This Agreement shall be enforced in accordance with and governed by the laws of the State of Nevada.

2.6Severability. If for any reason whatsoever any one or more of the provisions of this Agreement shall be held or deemed to be inoperative, unenforceable or invalid as applied to any particular case or in all cases, such circumstances shall not have the effect of rendering such provision invalid in any other case or of rendering any other provision of this Agreement inoperative, unenforceable or invalid.

2.7Waiver. Any party may, by providing written notice to the other, (a) extend the time for the performance of any of the obligations or other actions of the other under this Agreement; (b) waive compliance with any condition or covenant of the other contained in this Agreement; or (c) waive performance of any obligation of the other under this Agreement. Except as provided in the preceding sentence, no action taken pursuant to this Agreement including, without limitation, any investigation by or on behalf of any party, shall be deemed to constitute a wavier by the party taking such action of compliance with any representation, warranty, covenant, condition or agreement contained in this Agreement. The waiver by any party hereto of a breach of any provision hereunder shall not operate or be construed as a waiver of any prior or subsequent breach of the same or any other provision hereunder.

[THE NEXT PAGE IS THE SIGNATURE PAGE.]

2

[SIGNATURE PAGE TO THE PURCHASE AGREEMENT]

IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first written above.

HAWKEYE SYSTEMS, INC.

By:        /Q Byron Hamlett/                      

Name: Q Byron Hamlett

Title: Chief Financial Officer

PURCHASER:

Roy Pritchett, Jr.

By:       /Roy Pritchett, Jr./                      

Name: Roy Pritchett, Jr.

Title:

3

Exhibit A

ASSIGNMENT OF MEMBERSHIP INTEREST

THIS ASSIGNMENT OF MEMBERSHIP INTEREST (the “Assignment”) is made and is effective as of June 30, 2026, between Hawkeye Systems, Inc. (the “Assignor”), to Roy Pritchett, Jr. (the “Assignee”).

Assignor, for the consideration set forth in a certain Purchase Agreement between the parties hereto, dated as of June 30, 2026 (the “Agreement”), hereby grants, conveys, bargains, sells, assigns, sets over, transfers and delivers to Assignee the Assignor’s entire interest in Assignee including, but not limited to, its capital account, its right to participate in the management of Assignee and all other rights and privileges associated with Assignor’s membership and economic interest in Assignee (collectively referred to herein as the “Membership Interest”). The Membership Interest represents an ownership interest of Two Hundred Five and 72/100 (205.72) Class B Units of Assignee. Assignor does hereby covenant with and warrant to Assignee as follows: Assignor has good, valid and indefeasible title to the Membership Interest, free and clear of all liens, charges, encumbrances, security interests, options, calls, puts, pledges, trusts, voting trusts, assessments, reservations, restrictions, commitments, obligations, liabilities or claims of any nature whatsoever.

Assignor hereby covenants with Assignee that Assignor will execute and deliver to Assignee such other and further instruments of transfer, assignment and conveyance and will use Assignor’s commercially reasonable efforts to secure all such consents and waivers as may be necessary more fully to transfer, assign and convey the Membership Interest to Assignee; provided, however, this Assignment shall be effective regardless of whether any such additional documents are executed or any such additional action is taken.

Assignor hereby irrevocably constitutes and appoints the managers of Assignee as Assignor’s attorney-in-fact to transfer the Assignor’s Membership Interest on the books of Assignee with full power of substitution in the premises, and to take all action which they deem necessary or appropriate to accomplish and complete such transfer.

[Signature Page To Follow]

4

IN WITNESS WHEREOF, Assignor has executed and delivered this Assignment as of the date first above written.

HAWKEYE SYSTEMS, INC.

By:        /Q Byron Hamlett/                      

Name: Q Byron Hamlett

Title: Chief Financial Officer

5

FAQ

What transaction did Hawkeye Systems (HWKE) report involving Rift Cyber, LLC?

Hawkeye Systems reported selling a 5.1% membership interest in Rift Cyber, LLC. This stake equals 20.4% of Hawkeye’s ownership in Rift, transferring part of its minority position to purchaser Roy Pritchett, Jr. under a formal Purchase Agreement.

How much of its Rift Cyber stake does Hawkeye Systems (HWKE) retain?

After the sale, Hawkeye Systems retains a 19.9% membership interest in Rift Cyber, LLC. The company originally held 25%, and the 5.1% membership interest sold represents 20.4% of that original ownership position.

What was the purchase price in Hawkeye Systems’ (HWKE) Rift Cyber sale?

The purchaser agreed to pay Hawkeye Systems $13,222 for the 5.1% membership interest in Rift Cyber, LLC. This cash consideration is paid at closing, effective June 30, 2026, under the terms of the Purchase Agreement.

Who is the purchaser of the Rift Cyber interest from Hawkeye Systems (HWKE)?

The purchaser is Roy Pritchett, Jr., who is buying a 5.1% membership interest in Rift Cyber, LLC from Hawkeye Systems. The transaction is governed by a Purchase Agreement and an accompanying Assignment of Membership Interest.

What ownership representations did Hawkeye Systems (HWKE) make in the sale?

Hawkeye represented that it has good, valid, and indefeasible title to the membership interest. It stated the interest is free of liens and encumbrances, and that necessary consents and approvals for the sale have been obtained under the Purchase Agreement.

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 PURCHASE AGREEMENT, EFFECTIVE AS OF JUNE 30, 2026 28.5 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.9 KB