Crypto Co. Announces Material Agreements and Equity Sales
Ticker: CRCW · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1688126
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-governance
TL;DR
Crypto Co. just dropped an 8-K detailing new deals, equity sales, and governance changes. Big moves happening.
AI Summary
On September 5, 2024, Crypto Co. entered into a material definitive agreement and announced unregistered sales of equity securities. The company also reported material modifications to the rights of security holders and changes related to directors and officers, including compensatory arrangements. Additionally, amendments to its articles of incorporation or bylaws and the submission of matters to a vote of security holders were noted.
Why It Matters
This filing indicates significant corporate actions by Crypto Co., including new agreements and equity transactions, which could impact its financial structure and shareholder rights.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements, unregistered equity sales, and modifications to security holder rights, suggesting potential volatility and increased risk.
Key Players & Entities
- Crypto Co. (company) — Registrant
- 0001688126 (company) — Central Index Key
- NV (state) — State of Incorporation
- 464212405 (company) — IRS Number
- 23823 MALIBU ROAD SUITE 50477 MALIBU, CA 90265 (address) — Business and Mail Address
- CROE, INC. (company) — Former Company Name
FAQ
What is the nature of the material definitive agreement entered into by Crypto Co. on September 5, 2024?
The filing indicates Crypto Co. entered into a material definitive agreement on September 5, 2024, but the specific details of this agreement are not provided in the excerpt.
What type of equity securities were sold by Crypto Co. under the unregistered sales provision?
The filing mentions unregistered sales of equity securities, but the specific type and amount of securities are not detailed in the provided text.
What specific modifications were made to the rights of Crypto Co.'s security holders?
The filing states there were material modifications to the rights of security holders, but the exact nature of these modifications is not elaborated upon in the excerpt.
Were there any changes in the board of directors or executive officers of Crypto Co. on or around September 5, 2024?
The filing lists 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as an item, suggesting potential changes, but specific details are not in the excerpt.
Did Crypto Co. amend its articles of incorporation or bylaws, or change its fiscal year?
The filing includes 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item, indicating such actions may have occurred, but the specifics are not provided.
Filing Stats: 948 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2024-09-06 17:25:12
Key Financial Figures
- $0.001 — create a new class of stock, par value $0.001 per share, designated as Series A Prefe
Filing Documents
- form8-k.htm (8-K) — 45KB
- ex3-1.htm (EX-3.1) — 2KB
- ex3-1_001.jpg (GRAPHIC) — 428KB
- ex3-1_002.jpg (GRAPHIC) — 312KB
- 0001493152-24-035363.txt ( ) — 1237KB
- crcw-20240905.xsd (EX-101.SCH) — 3KB
- crcw-20240905_lab.xml (EX-101.LAB) — 33KB
- crcw-20240905_pre.xml (EX-101.PRE) — 24KB
- 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: September 6, 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