STOCK TITAN

Hawkeye Systems (HWKE) investor group reports 90.1% control via 242M shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

Hawkeye HoldCo LLC and related parties have disclosed control-level ownership of Hawkeye Systems, Inc. common stock. Through Hawkeye HoldCo LLC, MCIMAC, LLC and Martin A. Sumichrast may be deemed to beneficially own 242,017,296 shares of common stock, representing 90.1% of the 266,052,926 shares outstanding as of June 3, 2026.

The position reflects several recent transactions. On June 1, 2026, Hawkeye HoldCo converted a $2,767,756 principal amount convertible note into 23,064,634 shares. On June 3, 2026, it purchased a Common Stock Purchase Warrant for $2,218,786, exercisable for 221,878,595 shares at $0.01 per share, and on June 11, 2026, exercised the warrant on a cashless basis for 218,952,662 shares.

The filing states that, as a substantial owner, Hawkeye HoldCo may influence corporate actions requiring shareholder approval and that the reporting persons may engage with management, the board, and other stockholders on capitalization, ownership structure, governance and potential business combinations or dispositions.

Positive

  • None.

Negative

  • None.

Insights

Reporting group now controls about 90% of Hawkeye Systems’ common equity.

The filing shows Hawkeye HoldCo LLC, its manager MCIMAC, LLC, and Martin A. Sumichrast together may be deemed to beneficially own 242,017,296 shares, or 90.1%, of Hawkeye Systems’ common stock based on 266,052,926 shares outstanding as of June 3, 2026.

This concentration arose from converting a $2,767,756 note into 23,064,634 shares and acquiring then cashlessly exercising a warrant bought for $2,218,786 into 218,952,662 shares at $0.01 per share. Such a stake typically gives effective control over shareholder votes and strategic direction.

The filing notes the group may communicate with management and other stockholders and may consider proposals on capitalization, ownership structure, board composition, and possible business combinations or dispositions. Actual future actions are not specified and would depend on company performance, stock price, and market conditions, so the net impact on other investors will hinge on later decisions and disclosures.

Beneficial ownership 242,017,296 shares Common stock beneficially owned by reporting persons
Ownership percentage 90.1% Percent of class based on 266,052,926 shares outstanding as of June 3, 2026
Shares outstanding 266,052,926 shares Common stock outstanding as of June 3, 2026
Convertible note principal $2,767,756 Note converted into 23,064,634 shares on June 1, 2026
Shares from note conversion 23,064,634 shares Common stock issued upon conversion of note
Warrant purchase price $2,218,786 Aggregate price for Common Stock Purchase Warrant on June 3, 2026
Warrant exercise price $0.01 per share Exercise price for warrant covering company common stock
Cashless exercise shares 218,952,662 shares Shares received upon cashless exercise of warrant on June 11, 2026
Advisers Act payment $350,000 Disgorgement, interest and penalties paid under final judgment on April 29, 2024
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 242,017,296.00"
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.
Common Stock Purchase Warrant financial
"HH purchased a Common Stock Purchase Warrant (the "Warrant"), from the Company for an aggregate purchase price of $2,218,786."
A common stock purchase warrant is a tradable certificate that gives its holder the right to buy a company’s common shares at a fixed price for a set period. Think of it as a coupon that lets you buy stock later at today’s agreed price; it can amplify gains if the share price rises but also can increase the total number of shares outstanding, which may reduce existing owners’ percentage of the company. Investors watch warrants because they offer leveraged upside and can affect future share value and ownership.
cashless financial
"HH exercised the Warrant, on a "cashless" basis and was assigned 218,952,662 shares of common stock"
A cashless transaction is any deal settled without exchanging physical money; value is transferred by swapping or adjusting securities, like shares or options, rather than paying cash. For investors this matters because cashless settlements preserve a company’s cash balance but can change share counts or ownership percentages, affecting dilution, earnings per share and the value of holdings—similar to trading goods for goods instead of using cash at checkout.
Investment Advisers Act of 1940 regulatory
"enjoined from violating Sections 206(2) and 206(3) of the Investment Advisers Act of 1940"
A U.S. federal law that sets rules for people and firms who give investment advice, requiring them to register with regulators, be honest about conflicts, keep records, and follow basic standards of care. It matters to investors because those rules act like licensing and consumer protections — similar to having safety standards for a mechanic — helping ensure advisers act in clients’ financial interests and reducing the risk of fraud or misuse of funds.
disgorgement regulatory
"Mr. Sumichrast agreed to pay total disgorgement of profits, prejudgment interest and penalties of $350,000"
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Learn about SEC filing dates





420198103

(CUSIP Number)
Martin Sumichrast
7401 Carmel Executive Park Drive #315,
Charlotte, NC, 28226
704-904-4999

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/03/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The shares listed above represent 242,017,296 shares of common stock held by Hawkeye Holdco LLC ("HH"). As MCIMAC, LLC ("MCIMAC") serves as manager of HH and Martin Sumichrast ("Mr. Sumichrast") serves as manager of MCIMAC, each of MCIMAC and Mr. Sumichrast may be deemed to have sole voting and dispositive power over the shares of common stock and are deemed to be the beneficial owners of such shares of common stock. The percentage in Item 13 is based on 266,052,926 shares of common stock outstanding pursuant to a representation made by Hawkeye Systems, Inc. (the "Issuer") as of June 3, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The shares listed above represent 242,017,296 shares of common stock held by HH. As MCIMAC serves as manager of HH and Mr. Sumichrast serves as manager of MCIMAC, each of MCIMAC and Mr. Sumichrast may be deemed to have sole voting and dispositive power over the shares of common stock and are deemed to be the beneficial owners of such shares of common stock. The percentage in Item 13 is based on 266,052,926 shares of common stock outstanding pursuant to a representation made by the Issuer as of June 3, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The shares listed above represent 242,017,296 shares of common stock held by HH. As MCIMAC serves as manager of HH and Mr. Sumichrast serves as manager of MCIMAC, each of MCIMAC and Mr. Sumichrast may be deemed to have sole voting and dispositive power over the shares of common stock and are deemed to be the beneficial owners of such shares of common stock. The percentage in Item 13 is based on 266,052,926 shares of common stock outstanding pursuant to a representation made by the Issuer as of June 3, 2026.


SCHEDULE 13D


Hawkeye HoldCo LLC
Signature:/s/ Martin Sumichrast
Name/Title:Martin Sumichrast, Manager of MCIMAC, LLC
Date:06/16/2026
MCIMAC, LLC
Signature:/s/ Martin Sumichrast
Name/Title:Martin Sumichrast, Manager
Date:06/16/2026
MARTIN A. SUMICHRAST
Signature:/s/ Martin A. Sumichrast
Name/Title:Martin A. Sumichrast
Date:06/16/2026

FAQ

How much of Hawkeye Systems (HWKE) stock do the reporting persons own?

The reporting persons may be deemed to beneficially own about 90.1% of Hawkeye Systems’ common stock. They report holding 242,017,296 shares out of 266,052,926 shares outstanding as of June 3, 2026, primarily through Hawkeye HoldCo LLC.

Who are the reporting persons in this Hawkeye Systems (HWKE) Schedule 13D?

The reporting persons are Hawkeye HoldCo LLC, MCIMAC, LLC, and Martin A. Sumichrast. Hawkeye HoldCo directly holds the shares, MCIMAC manages Hawkeye HoldCo, and Sumichrast manages MCIMAC, so each may be deemed to share beneficial ownership and voting power.

How did Hawkeye HoldCo build its 242,017,296-share stake in HWKE?

The stake reflects a note conversion and warrant exercise. Hawkeye HoldCo converted a $2,767,756 principal amount note into 23,064,634 shares, then bought a warrant for $2,218,786 and exercised it on a cashless basis for 218,952,662 additional shares at $0.01 per share.

What influence can Hawkeye HoldCo and Martin Sumichrast exert over Hawkeye Systems (HWKE)?

With beneficial ownership of about 90.1% of outstanding common stock, the group can effectively control shareholder votes. The filing states they may influence corporate activities requiring shareholder approval, including capitalization changes, ownership structure, board composition, and potential business combinations or dispositions.

Did the Schedule 13D for HWKE disclose any recent SEC judgment involving Martin Sumichrast?

Yes. It notes that on April 29, 2024, a final judgment permanently enjoined Martin Sumichrast from specified conduct under Sections 206(2) and 206(3) of the Investment Advisers Act, and he agreed to pay $350,000 in disgorgement, interest, and penalties, which has been paid in full.

What future actions do the reporting persons contemplate regarding their HWKE investment?

They indicate flexibility to review their position and may communicate with management, the board, and other stockholders, propose changes to capitalization, ownership, or governance, consider business combinations or dispositions, and either purchase more or sell some or all of their Hawkeye Systems securities.