- **Crisp Momentum Inc.** appointed **Adrian Cheng** as **Chairman of its Board of Directors** on **October 3, 2025**.  **[924396_0001493152-25-017645_ex99-1.htm:0]** **[924396_0001493152-25-017645_form8-k.htm:1]** 
- Adrian Cheng, through his wholly-owned Almad Group, acquired approximately **24% of Crisp Momentum Inc.**.  **[924396_0001493152-25-017645_ex99-1.htm:0]** **[924396_0001493152-25-017645_form8-k.htm:1]** 
- As Chairman, Cheng will guide the company's **international growth strategy** and global brand positioning.  **[924396_0001493152-25-017645_ex99-1.htm:0]** **[924396_0001493152-25-017645_form8-k.htm:1]**

Crisp Momentum Inc. Appoints Adrian Cheng as Chairman of the Board

- Crisp Momentum Inc. (CRSF) entered into a **convertible loan agreement** on **September 17, 2025**, to provide **$2,900,000** in financing to Banji Step K.K., a Japanese company.  **[924396_0001493152-25-014548_ex10-1.htm:0]** **[924396_0001493152-25-014548_form8-k.htm:1]** 
- The loan bears an interest rate of **6.0% per annum** and is convertible into **100% ownership** of Banji Step K.K. upon the satisfaction of specific conditions precedent, including an independent business appraisal confirming a fair market value of not less than **$2,900,000**.  **[924396_0001493152-25-014548_form8-k.htm:1]** **[924396_0001493152-25-014548_ex10-1.htm:2]** **[924396_0001493152-25-014548_ex10-1.htm:3]** **[924396_0001493152-25-014548_ex10-1.htm:4]** 
- The loan proceeds are designated for Banji Step K.K. to **acquire target assets** and cover related transaction costs and working capital.  **[924396_0001493152-25-014548_ex10-1.htm:0]** **[924396_0001493152-25-014548_ex10-1.htm:2]** 
- The loan is **secured by 100% of Banji Step K.K.'s shares** and is unconditionally guaranteed by its sole shareholder, Motoko Yorozu.  **[924396_0001493152-25-014548_form8-k.htm:1]** **[924396_0001493152-25-014548_ex10-1.htm:6]**

Crisp Momentum (CRSF)