Spectral Capital Corp. Files 8-K: Board and Officer Changes

TL;DR

Spectral Capital Corp. filed an 8-K on June 6, 2024, detailing board and executive changes.

AI Summary

Spectral Capital Corp. announced on June 6, 2024, a change in its board of directors and executive officers. The filing also indicates other events and the submission of financial statements and exhibits. The company, formerly known as Spectra Capital Corp., is incorporated in Nevada and based in Seattle, WA.

Why It Matters

Changes in a company's board and executive team can signal shifts in strategy, operational focus, or financial direction, impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of corporate governance changes and does not indicate immediate financial distress or significant operational shifts.

Key Players & Entities

• SPECTRAL CAPITAL Corp (company) — Registrant
• Spectra Capital Corp (company) — Former Company Name
• Nevada (jurisdiction) — State of Incorporation
• Seattle, WA (location) — Business Address

FAQ

Filing Documents

• fccn-20240606.htm (8-K) — 30KB
• fccn_ex99z1.htm (EX-99.1) — 11KB
• 0001096906-24-001319.txt ( ) — 174KB
• fccn-20240606_def.xml (EX-101.DEF) — 2KB
• fccn-20240606_lab.xml (EX-101.LAB) — 20KB
• fccn-20240606_pre.xml (EX-101.PRE) — 13KB
• fccn-20240606.xsd (EX-101.SCH) — 2KB
• fccn-20240606_htm.xml (XML) — 2KB

01. Other Events

Item 8.01. Other Events. On June 6, 2024, the Company issued a press release announcing the appointment of Sean Michael Brehm as the Chairman of its Board of Directors. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In April 2024, Mr. Brehm commenced upgrading the platforms of the Company's subsidiaries Noot Holdings, Inc. ("Noot") and Monitr Holdings, Inc (" Monitr") to include Quantum as a Service (QaaS) within their functionality. In connection with Mr. Brehm's recent appointments, the Company, under Mr. Brehm's guidance, commenced development of Quantum as a Service (QaaS). QaaS is a cloud-based service that provides access to quantum computing technologies. QaaS harnesses the principles of quantum mechanics to solve complex problems beyond the capabilities of classical computers. QaaS is designed to offer computing power and efficiency, enabling solutions to challenges across various industries, including logistics, finance, healthcare and more. Our QaaS products and services will be designed to enable users and enterprises access to QaaS in developing their applications that integrate security, application development and authentic intelligence. Our planned products will be designed to help to integrate the Web 5.0 experience for our customers. The Company intends to provide licensing agreements and paid-for-service products. Noot is a search engine currently under development for the Quantum as a Service (QaaS) industry to harness the collective wisdom of users to solve complex problems and generate innovative solutions, reflecting the emergent behavior observed in quantum systems. Noot is currently in beta testing. Monitr, currently under development, is designed to combine the essence of quantum computing with financial analytics to provide market insights and secure data handling. Leverage cloud computing, big data, and software to analyze the financial markets and discover trending stocks. Mon

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K and the Exhibits hereto contain "forward-looking statements", within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the Company's planned technologies and operations, including but not limited to the development of the QaaS products and services and the Noot and Monitor platforms, the funding of operations, and the commencement of supply of the Company's products and services to future customers. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Forward-looking statements can be identified by words such as "believes," "plans," "anticipates," "expects," "estimates," "projects," "will," "may," "might," and words of a similar nature. Examples of forward-looking statements include, among others, but are not limited to, statements we make regarding the development and planned commercialization of the QaaS products and services and the Noot and Monitor platforms, expected operating results, and our plans and strategies for product development, engaging with potential customers, market position, and financial results. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict, many of which are outside our control. Our actual results, financial condition, and events may differ materially from those indicated in the forward-looking statements based upon a number of factors. Forward-looking statements are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking state

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release issued by Spectral Capital Corporation on June 6, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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 hereunto duly authorized. SPECTRAL CAPITAL CORPORATION Date: June 6, 2024 By: /s/ Jenifer Osterwalder Name: Jenifer Osterwalder Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR