STOCK TITAN

Stark Novus Financial (SNFI) 8-K Filings

SNFI OTC

Here are the 8-K filings from Stark Novus Financial Inc (SNFI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

An 8-K covers material events a company has to report between its quarterly reports, so if you follow SNFI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SNFI filings page.

Rhea-AI Summary

Stark Novus Financial Inc. (SNFI) filed a Certificate of Correction on October 20, 2026, declaring its previously filed Charter Amendment null and void ab initio. The amendment had been filed after the 2025 annual meeting but did not receive the required vote: approximately 91% of votes cast favored it, while approval required at least a majority of outstanding stock entitled to vote.

The Certificate of Incorporation therefore remains unchanged and in effect. Its NOL Protective Provisions apply to all transactions involving a person or group that directly or indirectly beneficially owns, or would as a result of a transaction beneficially own, 4.5% or more of all issued and outstanding capital stock. The provisions expire on the date of the company's annual meeting to be held during calendar year 2027.

Rhea-AI Summary

Stark Novus Financial Inc. (SNFI) reported that its wholly owned subsidiary, Affinity Advisory Holdings Corp., completed its acquisition of Affinity on July 15, 2026. Consideration included a $6.72 million cash payment at closing, 80,000 shares of SNFI Class A common stock and Affinity Advisory Holdings shares equal to 15% of that subsidiary’s issued and outstanding shares immediately after closing. Sellers are eligible for an earnout of up to $1.312 million, plus accrued interest, in up to three annual installments of approximately $437,000, subject to insurance-writing thresholds.

Affinity reported combined revenue of $3.91 million and net income of $1.006 million for 2025, and revenue of $1.714 million and net income of $483,000 for the six months ended June 30, 2026. Pro forma statements show SNFI net loss attributable to common shareholders of $2.378 million for the six months ended June 30, 2026 and $2.819 million for the year ended December 31, 2025, assuming the acquisition occurred January 1, 2025. Purchase price allocation estimates are preliminary, and final amounts may differ significantly.