FNGR 8-K: Acquisition

FingerMotion, Inc.

Filed with the SEC on · accession 0001493152-26-044880

FNGR filed a 8-K (current report) with the SEC on Sep 29, 2026. A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The stock moved -2.7% by the first close after the filing.

Summary of the filing

FingerMotion, Inc. entered into a definitive Share Purchase Agreement to acquire 100% of Newbit Technology Inc. for US$2.3 million in cash, gaining control of a 9.9 MW behind-the-meter site in Alberta, Canada.

Key details

Total purchase price for 100% of Newbit shares$2.3M
Deposit previously paid and held in trust$230K
Further deposit payable on execution of the Agreement$230K
Remaining cash payable at closing$1.8M
General representation claims deductible$125K
General representation claims cap (20% of purchase price)$460K
AcquirerFingerMotion, Inc.
TargetNewbit Technology Inc.
Gas supplierPivotal Energy Partners
Landlord/surface lessorEastern Irrigation District
Road use counterpartyCanadian Natural Resources Limited

How FNGR stock reacted

Close before

$0.14

Sep 28, 2026

First close after

-2.69%

$0.14

5 trading days

+90.81%

$0.27

Since filing

-20.49%

$0.11

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Frequently asked questions

What did FNGR file with the SEC on Sep 29, 2026?

FNGR filed a 8-K (Acquisition). FingerMotion, Inc. entered into a definitive Share Purchase Agreement to acquire 100% of Newbit Technology Inc. for US$2.3 million in cash, gaining control of a 9.9 MW behind-the-meter site in Alberta, Canada.

What does a acquisition mean for FNGR stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did FNGR stock react to this filing?

FNGR closed at $0.14 before the filing and $0.14 on Sep 29, 2026 (-2.69%). Five trading days later: $0.27 (+90.81%).

Other FNGR SEC filings

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