SKY Data PLL OU Amends Spectral Capital Stake

TL;DR

SKY Data PLL OU just filed a 13D/A for Spectral Capital Corp. - ownership change incoming.

AI Summary

On October 8, 2024, SKY Data PLL OU filed an SC 13D/A amendment regarding Spectral Capital Corp. The filing indicates a change in beneficial ownership, with SKY Data PLL OU now holding a significant stake in the company. Specific details on the exact percentage or number of shares acquired are not immediately clear from this initial filing.

Why It Matters

This filing signals a potential shift in control or influence over Spectral Capital Corp., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in a company's ownership structure, which can lead to increased volatility.

Key Players & Entities

• SKY Data PLL OU (company) — Filing entity
• Spectral Capital Corp. (company) — Subject company
• 20241008 (date) — Filing date

FAQ

Key Financial Figures

• $0.0001 — Corp. (Name of Issuer) Common Stock, $0.0001 par value per share (Title of Class o
• $81,950 — 43 shares were received as repayment of $81,950 in debt owed to the Reporting Persons o

Filing Documents

• fccn_sc13da.htm (SC 13D/A) — 42KB
• fccn_ex99z1.htm (EX-99.1) — 6KB
• fccn_ex99z2.htm (EX-99.2) — 5KB
• 0001096906-24-001970.txt ( ) — 55KB

Security and Issuer

Item 1. Security and Issuer This statement on Schedule 13D (the " Schedule 13D ") relates to the shares of common stock, par value $0.0001 per share (the " Common Stock "), of Spectral Capital Corporation, a Nevada corporation (the " Issuer "), whose principal executive office is located at c/o Spectral Capital Corporation, 701 Fifth Avenue, Suite 4200 Seattle, Washington 98104.

Identity and Background

Item 2. Identity and Background a. The Schedule 13D is being filed by Sky Data PLL OU, an Estonian private limited liability company (" SKY "), and Vladimir Ivanov, the manager of SKY, (the " Manager "), (SKY and the Manager are collectively referred to as the " Reporting Persons "). b. The business address of the Reporting Persons is Ahtri tn 6a Tallinn, Harju maakond, Estonia 10151. c. The principal business of SKY is business and other management consultancy activities. The Manager is the control person and manager of SKY. d. During the last five years, the Reporting Persons have not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). e. During the last five years, the Reporting Persons have not been a party to a civil proceeding of any judicial or administrative body of competent jurisdiction as a result of which neither it nor either of them was or is subject to a judgment, decree or final order enjoining future violations at, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. f. Sky is domiciled in Estonia.

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration The 3,563,043 shares of the Common Stock of the Issuer were issued to the Reporting Persons as repayment of $81,950 in debt owed to the Reporting Persons. The shares were issued pursuant to Rule 506(b) of Regulation D of the Securities Act.

Purpose of Transaction

Item 4. Purpose of Transaction The Reporting Persons acquired the 3,563,043 shares of the Common Stock as repayment for $81,950 in debt owed to the Reporting Persons. The Reporting Persons do not have any plans or intentions to engage in: Acquiring or selling securities of the issuer Any extraordinary corporate transaction, such as a merger, reorganization, or liquidation Selling or transferring a significant amount of the issuer's assets Changing the issuer's board of directors or management Changing the issuer's capitalization or dividend policy Making any other material changes to the issuer's business or corporate structure Changing the issuer's charter, bylaws, or instruments

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer (a) The responses of the Reporting Persons to Rows (7) through (13) of the cover pages of this Schedule 13D are hereby incorporated by reference in this Item 5. (c) Except as described in Items 4 and 6, during the past 60 days, the Reporting Persons have not effected any transactions with respect to the Common Stock. (d) None. (e) Not applicable.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. N/A

Materials to be Filed as Exhibits

Item 7. Materials to be Filed as Exhibits. Exhibit 99.1 Joint Filing Agreement Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: June 19, 2024 Vladimir Ivanov /s/ Vladimir Ivanov Sky Data PLL OU /s/ Vladimir Ivanov Title: Authorized Signatory Exhibit 99.1- Joint Filing Agreement Exhibit 99.2 - Correspondence

View Full Filing

View this SC 13D/A filing on SEC EDGAR