Monitor for future Form 4 filings to detect any changes in insider ownership or transactions; the power of attorney streamlines reporting but does not imply imminent trades.
Price Chart
Executive Summary
Martin Sumichrast, a reporting person affiliated with Hawkeye Systems, filed a Form 3 disclosing initial beneficial ownership of convertible securities and common stock held through Hawkeye Holdco LLC, along with a limited power of attorney authorizing company officers to file Section 16 reports on his behalf.
Key Facts
- Martin Sumichrast filed Form 3 as an initial statement of beneficial ownership.
- He holds a convertible promissory note with a conversion ratio of 0.12 and 23,064,633 shares of common stock.
- The securities are owned by Hawkeye Holdco LLC, of which Sumichrast is the sole managing member.
- Sumichrast disclaims beneficial ownership except to the extent of his pecuniary interest.
- A limited power of attorney was granted to David Wachsman and Quinton Byron Hamlett to file Section 16 reports on his behalf.
Financial Impact
Undisclosed value of convertible note; 23,064,633 common shares held indirectly. No dollar amount specified in filing.
Risk Factors
- Lack of disclosed dollar value for the convertible note limits assessment of total exposure.
- Concentration of control in a single managing member (Sumichrast) may pose governance risks.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (Primary) | 0001683168-26-002806 |
| Document: 0001683168-26-002806-index-headers.html | 0001683168-26-002806 |
| Document: 0001683168-26-002806-index.html | 0001683168-26-002806 |
| Document: 0001683168-26-002806.txt | 0001683168-26-002806 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 11d ago | 8-K | $0.8000 | awaiting T+60 | — | $0.6900 (−13.75%) |
Jul 22, 2026 13w ago | 8-K | $0.6000 $0.7500 | ▼ −25.00% | ▼ −21.48% | $0.6900 (−15.00%) |
Jun 26, 2026 17w ago | 8-K | $0.3060 $1.01 | ▲ +230.07% | ▲ +227.02% | $0.6900 (+125.49%) |
Jun 5, 2026 20w ago | 8-K | $0.7810 $0.9399 | ▼ −20.35% | ▼ −16.08% | $0.6900 (+11.65%) |
May 4, 2026 25w ago | 8-K | $0.7800 $0.5000 | ▼ −35.90% | ▼ −38.64% | $0.6900 (−11.54%) |
Apr 10, 2026 28w ago | 3 | $0.2780 $0.1600 | ▼ −42.45% | ▼ −51.37% | $0.6900 (+148.20%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers