Crypto Co. Files 8-K: Material Agreement, Equity Sales, Officer Changes
Ticker: CRCW · Form: 8-K · Filed: Jul 3, 2024 · CIK: 1688126
Sentiment: neutral
Topics: material-agreement, equity-sale, officer-changes, director-changes
TL;DR
Crypto Co. inked a new deal, sold some stock, and shuffled execs. Big changes brewing.
AI Summary
On June 28, 2024, Crypto Co. entered into a material definitive agreement. The company also reported on unregistered sales of equity securities and changes in its board and officer composition, including director departures and appointments, as well as new compensatory arrangements for certain officers. These events were filed on July 3, 2024.
Why It Matters
This filing indicates significant corporate actions including a new material agreement and changes in leadership, which could impact the company's strategic direction and operational stability.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements, unregistered equity sales, and changes in directors/officers, all of which can introduce uncertainty and potential risks.
Key Numbers
- 000-55726 — SEC File Number (Identifies the company's filing history with the SEC.)
- 46-4212105 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Crypto Co. (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- 23823 Malibu Road, #50477, Malibu, CA 90265 (address) — Principal executive offices
- June 28, 2024 (date) — Earliest event date
- July 3, 2024 (date) — Filing date
FAQ
What is the nature of the material definitive agreement entered into by Crypto Co. on June 28, 2024?
The filing does not specify the details of the material definitive agreement, only that one was entered into on June 28, 2024.
Were the unregistered sales of equity securities registered under the Securities Act of 1933?
The filing indicates 'Unregistered Sales of Equity Securities' as an item, suggesting these sales were not registered.
Who are the specific officers or directors whose departure or appointment is reported?
The filing lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' as an item, but does not name the individuals involved.
What are the details of the compensatory arrangements for certain officers?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item, but provides no specific details about these arrangements.
What was the previous name of Crypto Co. and when did the name change occur?
The previous name was CROE, INC., and the date of the name change was October 20, 2016.
Filing Stats: 592 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2024-07-03 16:00:12
Filing Documents
- form8-k.htm (8-K) — 37KB
- 0001493152-24-026208.txt ( ) — 201KB
- crcw-20240628.xsd (EX-101.SCH) — 3KB
- crcw-20240628_lab.xml (EX-101.LAB) — 33KB
- crcw-20240628_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CRYPTO COMPANY Date: July 3, 2024 By: /s/ Ronald Levy Name: Ronald Levy Title: Chief Executive Officer, Interim Chief Financial Officer, Chief Operating Officer, Chairman of the Board and Secretary