Crisp Momentum Settles Loan by Repurchasing 80M Shares

Crisp Momentum Inc. entered into a Loan Settlement and Share Repurchase Agreement with Banji Step K.K. to resolve outstanding obligations from a $2.9 million convertible loan. The loan was initially to be repaid through asset transfers, but two asset packages were not delivered. Under the new agreement, Banji will transfer 80,000,000 shares of Crisp common stock to Crisp, in exchange for the full cancellation of the remaining loan indebtedness, including principal and accrued interest.