Crisp Momentum Inc. Assigns Loan to Partum, Repurchases 20M Shares

What Happened
Crisp Momentum Inc. announced on July 22, 2026 that it entered into a Loan Assignment and Share Repurchase Agreement with Partum AG. Under the agreement, Crisp assigned to Partum all of its rights under a November 13, 2025 loan to Nexvers (outstanding principal $1,500,000 plus accrued interest), and Partum transferred 20,000,000 shares of Crisp common stock to the Company as consideration. The assignment closed and the share transfer occurred on July 22, 2026.

Key Details

• Loan background: original loan facility dated November 13, 2025 authorized up to $3,000,000; $1,700,000 had been advanced and Nexvers repaid $200,000, leaving $1,500,000 principal outstanding plus accrued interest.
• Agreement: Loan Assignment and Share Repurchase Agreement dated July 22, 2026 between Crisp and Partum AG.
• Consideration: Partum transferred 20,000,000 shares of Crisp common stock to Crisp in exchange for becoming the sole holder of the loan documents.
• Timing: The Assignment and transfer of shares closed on July 22, 2026.

Why It Matters
This transaction removes Crisp’s remaining loan receivable (and related credit exposure to Nexvers) from its balance sheet and returns 20,000,000 shares to the company. For investors, that means a shift in asset composition—less loan exposure and more company-held shares (treasury or otherwise, depending on future action). The filing does not state whether the repurchased shares will be cancelled, held as treasury stock, or reissued, so investors should watch for further disclosures about effects on share count, equity, and liquidity.