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Completed acquisition · SEC Form 8-K, Item 2.01

Hallmark Venture Group, Inc. acquisition of Stonecrest Owner, LLC

From Hallmark Venture Group, Inc.'s Form 8-K of 2026-06-16, quoted and linked below.

Hallmark Venture Group, Inc. completed its acquisition of Stonecrest Owner, LLC on 2020-11-02, according to the Form 8-K Hallmark Venture Group, Inc. filed with the SEC on 2026-06-16. The filing states a price of $100,000.

AcquirerHallmark Venture Group, Inc.
AcquiredStonecrest Owner, LLC
Completed2020-11-02
Price stated in the filing$100,000
Reported byHallmark Venture Group, Inc. (HLLK), the buyer
FilingForm 8-K, filed 2026-06-16

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What the filing says

On November 2, 2020, the Company entered into a Plan of Merger and Acquisition Agreement (the "Stonecrest Merger Agreement"), pursuant to which the Company purchased Stonecrest Owner, LLC in exchange for the issuance of 10,000,000 shares of common stock and 100,000 shares of Series A preferred stock to the members of Stonecrest Owner, LLC.

The price, in the filing's words

On May 26, 2026, the Company issued to EQUORIX an 8% Convertible Promissory Note with a total face value of $100,000 (the "EQUORIX Note" ).

More from the filing

The disclosure set forth above under Item 1.01.
Entry into a Material Definitive Agreement is incorporated in this Item 2.01.
The Control Agreement was consummated by the Company, after the Board of Directors had determined, after investigation, that the best interests of the Company and its shareholders would be best served by acquiring the Assigned IP rather than to continue as a "shell company." The Board of Directors of the Company has adopted the business plan embodied by the Assigned IP, that is, drone development, manufacturing and training.

Quoted from Hallmark Venture Group, Inc.'s Form 8-K.

This is the only completed acquisition Hallmark Venture Group, Inc. reported under Item 2.01 in the last twelve months.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.

Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/acquisitions/hallmark-venture-group-stonecrest-owner-2020-11-02
Last updated 2026-09-30
Primary record: SEC filing
Hallmark Venture Group, Inc. acquires Stonecrest Owner, LLC for $100,000: completed 2020-11-02. MentionFox, 2026-09-30. https://mentionfox.com/acquisitions/hallmark-venture-group-stonecrest-owner-2020-11-02