0001096906-24-001581.txt : 20240724 0001096906-24-001581.hdr.sgml : 20240724 20240724132811 ACCESSION NUMBER: 0001096906-24-001581 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240607 FILED AS OF DATE: 20240724 DATE AS OF CHANGE: 20240724 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Brehm Sean Michael CENTRAL INDEX KEY: 0002030702 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50274 FILM NUMBER: 241137379 MAIL ADDRESS: STREET 1: 4500 9TH AVENUE, NE STREET 2: SUITE 300 CITY: SEATTLE STATE: WA ZIP: 98105 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SPECTRAL CAPITAL Corp CENTRAL INDEX KEY: 0001131903 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 880472860 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4500 9TH AVENUE NE CITY: SEATTLE STATE: WA ZIP: 98105 BUSINESS PHONE: 206-385-6490 MAIL ADDRESS: STREET 1: 4500 9TH AVENUE NE CITY: SEATTLE STATE: WA ZIP: 98105 FORMER COMPANY: FORMER CONFORMED NAME: SPECTRA CAPITAL Corp DATE OF NAME CHANGE: 20100813 FORMER COMPANY: FORMER CONFORMED NAME: FUSA CAPITAL CORP DATE OF NAME CHANGE: 20040707 FORMER COMPANY: FORMER CONFORMED NAME: GALAXY CHAMPIONSHIP WRESTLING INC DATE OF NAME CHANGE: 20010108 3 1 form3.xml PRIMARY DOCUMENT X0206 3 2024-06-07 0 0001131903 SPECTRAL CAPITAL Corp FCCN 0002030702 Brehm Sean Michael C/O SPECTRAL CAPITAL CORPORATION 4500 9TH AVENUE, NE SEATTLE WA 98105 1 0 1 0 Contractual Right to Acquire 2024-07-31 Common Stock 40000000.0000 D Contractual Right to Acquire 0.2000 2024-07-15 Common Stock 5000000.0000 D Stock Options (right to buy) 0.4300 2034-06-12 Common Stock 250000.0000 D As reported on Form 8-K filed by Spectral Capital Corporation (the "Company") with the Securities and Exchange Commission on June 7, 2024, Sean Michael Brehm (the "Reporting Person") entered into an agreement to sell 100% of the securities of Node Nexus Network Co LLC, a limited liability company formed under the laws of the Emirate of Dubai, in exchange for 40,000,000 shares of the Company's common stock, par value $.0001 (the "Common Stock), representing approximately 38.94% of the shares outstanding. As amended, such agreement will terminate if the closing of the transactions contemplated by the agreement has not been completed by August 31, 2024. On June 5, 2024, the Company entered into a Subscription Agreement with the Reporting Person, whereby it agreed to sell and the Reporting Person agreed to purchase 5,000,000 shares of the Common Stock for $1,000,000 (the "Offering") on or by August 31, 2024. On June 12, 2024 ("Grant Date"), the Company granted the Reporting Person the ability to acquire one hundred twenty-five thousand (125,000) options (the "Options") each month or an aggregate of three million (3,000,000) Options over 24 months. The Options vest monthly on their respective grant date and may be exercised in whole or in part into shares of the Common Stock at the price of $.43 per share for a period of ten (10) years from each Grant Date. The terms of the Options are set forth in the Option Agreement dated June 12, 2024, which is attached as an Exhibit to the Company's Form 8-K filed with the Securities and Exchange Commission on June 17, 2024. The amount reflected includes Options that may be acquired in 60 days from the date hereof. /s/ Sean Michael Brehm 2024-07-24