Hawkeye Systems Enters Material Definitive Agreement

Ticker: HWKE · Form: 8-K · Filed: Jul 18, 2024 · CIK: 1750777

Hawkeye Systems, INC. 8-K Filing Summary
FieldDetail
CompanyHawkeye Systems, INC. (HWKE)
Form Type8-K
Filed DateJul 18, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$1,770,713.10, $1,753,247.34
Sentimentneutral

Sentiment: neutral

Topics: material-agreement

TL;DR

Hawkeye Systems signed a big deal on 7/15, details TBD.

AI Summary

Hawkeye Systems, Inc. announced on July 17, 2024, that it entered into a material definitive agreement on July 15, 2024. The filing does not disclose the specific details of this agreement, only that it is a significant event requiring an 8-K filing.

Why It Matters

This filing indicates a significant business development for Hawkeye Systems, Inc., potentially impacting its operations, financial standing, or strategic direction.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing about the material definitive agreement introduces uncertainty and potential risk.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Hawkeye Systems, Inc.?

The filing does not specify the details of the material definitive agreement, only that one was entered into on July 15, 2024.

When was the material definitive agreement entered into?

The material definitive agreement was entered into on July 15, 2024.

What is the exact name of the registrant?

The exact name of the registrant is Hawkeye Systems, Inc.

In which state is Hawkeye Systems, Inc. incorporated?

Hawkeye Systems, Inc. is incorporated in Nevada.

What is the address of Hawkeye Systems, Inc.'s principal executive offices?

The address of Hawkeye Systems, Inc.'s principal executive offices is 6605 Abercorn, Suite 204 Savannah, GA 31405.

Filing Stats: 545 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-07-18 06:00:46

Key Financial Figures

Filing Documents

01 Entry Into a Material Definitive Agreement

Item 1.01 Entry Into a Material Definitive Agreement. On July 15, 2024, Hawkeye Systems, Inc. (the "Company") and Steve Hall, executed a Debt Consolidation Agreement that will be effective as of April 1, 2024, that consolidates the Company's various historic loans from Steve Hall to an amount of $1,770,713.10 (the "Steve Hall Indebtedness") and extends the maturity date to December 31, 2025, with an annual interest rate of 12%. In addition, as consideration for the forbearance and extension from Steve Hall, the Company formally assigned, through an Assignment and Assumption Agreement, the $1,753,247.34 that was due to the Company from CNTNR to Steve Hall directly. The foregoing summary of the Agreement, are attached to this Current Report on Form 8-K as Exhibit 10.1 and is incorporated by reference into this Item 1.01.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 10.1 Debt Consolidation Agreement by and Between Hawkeye Systems, Inc. and Steve Hall effective as of April 1, 2024 and executed on July 15, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HAWKEYE SYSTEMS, INC. Date: July 17, 2024 By: /s/ Corby Marshall Name: Corby Marshall Title: Chief Executive Officer 3 EXHIBIT INDEX Exhibit No. Description 10.1 Debt Consolidation Agreement by and Between Hawkeye Systems, Inc. and Steve Hall effective as of April 1, 2024 and executed on July 15, 2024. 4

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