SEVELL MICHAEL 4

What Happened

• Michael Sevell, a reported 10% owner of Hammer Technology Holdings Corp. (HMMR), acquired two blocks of common stock (transaction code P = Purchase). He bought 10,154,542 shares on 2025-05-25 at ~$0.26 per share for $2,680,799, and 600,000 shares on 2026-04-27 at $0.10 per share for $60,000. Total consideration reported for the two purchases is $2,740,799. Both purchases were made by related-party entities in which Sevell holds a general partner / managing member interest.

Key Details

• Transaction dates & prices: 2025-05-25 — 10,154,542 shares @ $0.26 (reported $2,680,799); 2026-04-27 — 600,000 shares @ $0.10 (reported $60,000).
• Total shares acquired: 10,754,542; total spent: $2,740,799.
• Purchases were executed by related entities: Caban Global Reach Private Equity LP (first purchase) and Mica Investments LLC (second); Sevell is GP/managing member of those entities (footnotes F1, F2).
• Transaction code: P (Purchase).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Filing timeliness: The Form 4 was filed 2026-06-18; both reported trades predate the filing (one from 2025 and one from 2026), so the filing appears late. Late filings can limit the timeliness value of the disclosure for investors.

Context

• These are direct purchases (via related entities) by a 10% owner rather than routine executive compensation sales; purchases can be interpreted as an acquisition of exposure but do not prove future company performance.
• Because the shares were bought through entities where Sevell is a controlling partner, the transactions reflect beneficial acquisitions through affiliated investment vehicles rather than necessarily personal, direct purchases.