Welcome to our dedicated page for High Wire Networks SEC filings (Ticker: HWNI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
High Wire Networks, Inc. filings document a Nevada operating company’s material events, governance actions, capital structure and periodic reporting obligations. Recent 8-K disclosures cover material agreements, including a securities exchange agreement involving Thoth Aerospace Inc.; shareholder action by written consent; voting-control disclosures; and capital-stock matters involving common stock and Series B Preferred Stock.
The company’s filing record also includes a Form 12b-25 notification related to a late Form 10-K for the fiscal year ended December 31, 2025. Other recurring disclosure categories include operating and financial results, shareholder voting matters, material agreements, governance matters and capital-structure reporting.
High Wire Networks (HWNI) reported Q3 2025 with no revenue and a continued net loss as it completed the sale of substantially all operating assets. On August 13, 2025, the company divested its cybersecurity and voice network units to subsidiaries of Tego Cyber, receiving Tego Cyber Series B preferred shares recorded at $1,120,000. Its senior lender released liens on transferred assets in exchange for Tego Cyber Series A preferred, while retaining a lien on remaining assets until $150,000 is repaid.
Total assets were $1,228,300 versus $5,786,771 at year-end 2024. Current liabilities were $7,402,284, resulting in a stockholders’ deficit of $(6,173,984). Q3 net loss attributable to common shareholders was $(879,993) (basic EPS $(0.79)), bringing the nine‑month loss to $(5,336,873). Management disclosed substantial doubt about the company’s ability to continue as a going concern, citing a working capital deficit of $7,387,418 and plans to evaluate strategic alternatives.
Shares outstanding were 1,119,665 as of November 14, 2025.
High Wire Networks (HWNI) reported Q2 2025 results showing modest revenue growth but continuing losses and liquidity pressure. Revenue for the quarter was $2,256,454, up from $1,937,618 a year ago. Operating loss narrowed to $1,389,182 from $3,003,714, yet net loss from continuing operations was $1,900,304.
Cash was $111,916 at June 30, 2025, with net cash used in continuing operations of $1,343,657 for the six months. Current liabilities were $10,721,324 versus total assets of $5,462,161, resulting in a stockholders’ deficit of $(5,302,066). The company disclosed that these factors raise substantial doubt about its ability to continue as a going concern.
Debt remained significant, including $2,280,620 of current convertible debentures. The company issued and repaid multiple short-term financings during the half, and recorded termination and fee expenses tied to an equity line. Shares outstanding were 1,119,665 as of October 14, 2025.
High Wire Networks (HWNI) filed an 8-K detailing a strategic shift. The company entered into a non-binding LOI on September 25, 2025 to acquire 100% of Elevation Aerospace Inc. via an equity exchange, with Thoth Aerospace’s management and employees to continue post-closing. The LOI provides a 30‑day exclusive negotiation period (extendable), requires financial statements sufficient to comply with Item 9.01, includes confidentiality and exclusivity terms, and a 1% break-up fee, and remains subject to due diligence, final board approval, a definitive agreement, and customary closing conditions.
On August 13, 2025, High Wire completed the sale of substantially all operating assets of its Managed Security Services and Voice Network divisions to subsidiaries of Tego Cyber Inc. In connection with the sale, senior secured lender Helena Global Investment Opportunities 1 Ltd. released its security interests in the conveyed assets in exchange for $300,000 stated value of Tego Cyber Series A Preferred Stock and retained its perfected security interest in remaining assets until the $150,000 balance is repaid.
Leadership changes: Stephen LaMarche (director) resigned July 9, 2025; Curtis E. Smith (CFO) resigned July 11, 2025; and Peter Kruse (director) resigned effective July 9, 2025. No disputes were reported.