Summit Networks director submits resignation over future plans

Q: Why is Ross Miller resigning from the SNTW board?

In both resignation letters, Ross Miller cited a breakdown in communication and differences regarding Summit Networks Inc.’s future direction and business plans as the reasons for his decision to resign from the Board and Audit Committee chair role.

Q: What exhibits are included with this SNTW Form 8-K filing?

The filing includes two exhibits: Exhibit 99.01, Ross Miller’s resignation letter dated August 31, 2026, and Exhibit 99.02, his second resignation letter dated September 8, 2026, both relating to his departure from the Board and Audit Committee chair role.

Summit Networks Inc. (SNTW) reports that Independent Director and Audit Committee Chair Ross Miller has tendered his resignation from the Board and related roles.

Filing Impact

(High)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

8-K

Rhea-AI Filing Summary

Summit Networks Inc. (SNTW) reports that Independent Director and Audit Committee Chair Ross Miller has tendered his resignation from the Board and related roles. In a letter dated August 31, 2026, he stated his resignation would be effective January 1, 2027.

In a second letter dated September 8, 2026, Mr. Miller revised the effective date of his resignation to September 8, 2027. In both letters, he cited a breakdown in communication and differences regarding the company’s future direction and business plans. As of this report, the Board has not taken any action or expressed a position on either resignation letter.

Positive

None.

Negative

Independent director and Audit Committee chair tenders resignation over differences on future direction, potentially affecting board oversight and governance stability if accepted.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

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

Key Figures

First resignation letter date: August 31, 2026 First proposed resignation effective date: January 1, 2027 Second resignation letter date: September 8, 2026 +3 more

6 metrics

First resignation letter date August 31, 2026 Date of Ross Miller’s initial resignation letter proposing a January 1, 2027 effective date

First proposed resignation effective date January 1, 2027 Effective date stated in Ross Miller’s August 31, 2026 resignation letter

Second resignation letter date September 8, 2026 Date of Ross Miller’s second resignation letter

Revised resignation effective date September 8, 2027 Effective date stated in Ross Miller’s second resignation letter

Exhibit 99.01 Resignation Letter No.1, 08/31/2026 – Ross Miller Exhibit detailing the first resignation letter

Exhibit 99.02 Resignation Letter No.2, 09/08/2026 – Ross Miller Exhibit detailing the second resignation letter

Key Terms

Independent Director, Audit Committee, Emerging Growth Company, Board of Directors

4 terms

Independent Director regulatory

"his positions as an Independent Director and Chairman of the Audit Committee"

An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.

Audit Committee regulatory

"his positions as an Independent Director and Chairman of the Audit Committee"

A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.

Emerging Growth Company regulatory

"Emerging Growth Company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Board of Directors regulatory

"resignation from the Board of Directors of the Company"

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

FAQ

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

What board change did Summit Networks Inc. (SNTW) announce?

Summit Networks Inc. disclosed that Ross Miller, an Independent Director and Chairman of the Audit Committee, has submitted resignation letters from the Board and those roles, with the most recent letter stating his resignation would be effective September 8, 2027.

Why is Ross Miller resigning from the SNTW board?

In both resignation letters, Ross Miller cited a breakdown in communication and differences regarding Summit Networks Inc.’s future direction and business plans as the reasons for his decision to resign from the Board and Audit Committee chair role.

What effective dates did Ross Miller propose for his SNTW resignation?

Ross Miller’s first resignation letter dated August 31, 2026, proposed an effective date of January 1, 2027. His second letter dated September 8, 2026, revised the effective date to September 8, 2027.

Has the Summit Networks Inc. (SNTW) board accepted Ross Miller’s resignation?

As of the date of the report, the Board of Summit Networks Inc. has not taken any action or expressed any position with respect to either of Ross Miller’s resignation letters.

What exhibits are included with this SNTW Form 8-K filing?

The filing includes two exhibits: Exhibit 99.01, Ross Miller’s resignation letter dated August 31, 2026, and Exhibit 99.02, his second resignation letter dated September 8, 2026, both relating to his departure from the Board and Audit Committee chair role.

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

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Available on EDGAR 09/10/2026 - 02:57 PM EDT Accepted by SEC EDGAR 09/10/2026 - 02:56 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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): August 31, 2026

SUMMIT NETWORKS INC.

(Exact name of registrant as specified in its charter)

Nevada	333-199108	35-2511257
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

1221 Brickell Avenue, Suite 900, Miami, Florida 33131

(Address of principal executive offices)

(305) 347-5158

(Registrant's telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

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:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None	N/A	N/A

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

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. ☒

-1-

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 31, 2026, Mr. Ross Miller submitted a written resignation to the Board of Directors of Summit Networks Inc. (the “Company”), including his positions as an Independent Director and Chairman of the Audit Committee, stating that his resignation would be effective January 1, 2027.

On September 8, 2026, Mr. Miller submitted a second resignation letter stating that his resignation from the Board of Directors of the Company, including his positions as an Independent Director and Chairman of the Audit Committee, would be effective September 8, 2027.

In both resignation letters, Mr. Miller referenced a breakdown in communication and differences regarding the Company’s future direction and business plans.

As of the date of this report, the Board has not taken any action or expressed any position with respect to either resignation letter.

Item 9.01. Financial Statement and Exhibits

Exhibit No.		Description
99.01		Resignation Letter No.1, 08/31/2026 – Ross Miller
99.02		Resignation Letter No.2, 09/08/2026 – Ross Miller

SIGNATURES

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