Crisp Momentum Inc.

Overview

Crisp Momentum Inc. (formerly OpenLocker Holdings, Inc.) is a U.S.-based media and technology company focused on short-form scripted video content, commonly called Duanju or microdramas. The company shifted into this business in 2021–2022, completed a stock purchase transaction on August 28, 2025 to acquire Crisp Momentum Inc., and now trades under the symbol CRSF.

Business and products

• Core focus: creation, acquisition, and monetization of short-form scripted series (typically 1–2 minute episodes) for a global audience.
• Platform: the Crisp Platform is a mobile-first streaming service for short-form scripted series across multiple genres.
• Revenue models: subscriptions, advertising-supported viewing, in-app purchases and fan-service features, and ancillary content.
• Content production and IP: produces and acquires short-form series designed for franchise expansion via sequels, spin-offs, merchandise, licensing, and cross-media adaptations.
• Monetization services: subscription fees, advertising, brand integrations/product placements, merchandising and collectibles, licensing arrangements with domestic and international platforms, and premium fan content.
• Distribution: owned content is distributed through the Crisp Platform, major international app stores, global social and entertainment networks, and third-party streaming, advertising, and OTT partners.

Market positioning and strategy

Crisp aims to be a Western-based developer and curator of premium microdrama IP with a diversified monetization approach. The company emphasizes first-mover advantage in Western markets, genre-diverse content, an IP-driven model for multi-season and franchise expansion, and global production and distribution partnerships to manage costs and scale rapidly.

Market context

• China’s microdrama market is estimated at approximately $6.9 billion with about 400 million daily active users.
• The global microdrama market is projected to grow from about $2 billion in 2024 to $10 billion by 2028.
• Western markets remain relatively underserved compared with China, with production capacity concentrated offshore, which presents expansion opportunities.

Corporate history and status

• Incorporated in Delaware in 1986, the company has undergone multiple reorganizations and name changes.
• It pivoted to blockchain and digital asset activities in 2021–2022 and operated as OpenLocker Holdings, Inc. during that period.
• On July 11, 2025 the company entered into an agreement to acquire Crisp Momentum Inc.; the transaction closed on August 28, 2025, after which the company changed its name to Crisp Momentum Inc.
• Principal office: 250 Park Avenue, 7th Floor, New York, NY.

People and workforce

• As of January 14, 2026, the company has no full-time employees.
• Management includes Renger van den Heuvel, Chief Executive Officer and acting principal financial officer.
• The company engages contractors on an as-needed basis.

Financial snapshot

• Loss from operations of $7,993,447 for the fiscal year ended July 31, 2025.
• Auditors have previously expressed substantial doubt about the company’s ability to continue as a going concern. The company states it intends to raise additional funds and implement cost-management and revenue-generation measures, but provides no assurances those actions will succeed.

Capital structure highlights

• The company has had a Series A Preferred stock class with conversion rights and voting terms governed by the company’s governing documents.
• There were prior redemptions and reclassifications related to Series A and common stock between 2022 and 2025.
• A total of 35,600,000 shares of the company’s common stock were issued in connection with the Crisp transaction.
• The company has recorded past redemption agreements and conversions tied to its Series A Preferred shares.

Regulatory and risk considerations

• Content and media licensing, age-rating requirements, and data privacy laws across multiple jurisdictions affect operations.
• As a public company, ongoing SEC reporting obligations, internal controls, and related costs and oversight apply.
• Platform and security risks include cybersecurity threats and data protection vulnerabilities.
• Competitive and operational risks include reliance on distribution partners, the need to attract and retain content and users, pressure to achieve scale and profitability, and dependence on additional equity or debt financing, which could result in dilution.