Jakota Capital AG 4
Research Summary
AI-generated summary
Crisp Momentum (CRSF) 10% Owner Jakota Capital AG Sells 213M Shares
What Happened
- Jakota Capital AG, a reported 10% owner of Crisp Momentum, disposed of 213,250,926 shares of common stock on March 6, 2026. The Form 4 reports a disposition at $0.01 per share for a total of $2,644,311.
- A footnote clarifies this was repayment of a loan: the loan (originating Oct 28, 2025) was repaid in full on March 6, 2026 by delivery of these shares, which the footnote values at $0.0124 per share (≈ $2,644,311.48). This is an in-kind settlement of debt rather than an open-market sale.
Key Details
- Transaction date: 2026-03-06; Reported price: $0.01/share (Form 4), footnote price: $0.0124/share.
- Shares disposed: 213,250,926; Reported total value: $2,644,311 (≈ $2.64M).
- Transaction code: J (other acquisition/disposition) — used here for loan repayment via share delivery.
- Ownership after transaction: not specified in the provided excerpt.
- Beneficial ownership note: Shares are directly owned by Jakota Capital AG; Mr. Oliveira is noted as the ultimate beneficial owner and may be deemed the beneficial owner of Jakota’s holdings.
- Filing timeliness: Form filed with period and filing date of 2026-03-06; no late filing flag indicated.
Context
- This was a debt-repayment settlement (delivery of shares) by a 10% institutional owner rather than a routine open-market sale by a company insider — such transactions reflect financing/settlement activity more than immediate opinion on the company’s prospects.