Crypto Co. Reports Material Agreement and Equity Sales
Ticker: CRCW · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1688126
Sentiment: neutral
Topics: material-agreement, financial-obligation, equity-sale
TL;DR
Crypto Co. just signed a big deal and sold some stock.
AI Summary
On January 23, 2025, Crypto Co. entered into a material definitive agreement, creating a direct financial obligation. The company also reported unregistered sales of equity securities. The filing includes financial statements and exhibits.
Why It Matters
This filing indicates new financial obligations and equity transactions for Crypto Co., which could impact its financial structure and shareholder value.
Risk Assessment
Risk Level: medium — The creation of new financial obligations and unregistered equity sales can introduce financial and regulatory risks.
Key Players & Entities
- Crypto Co. (company) — Registrant
- January 23, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 23823 Malibu Road, #50477, Malibu, CA 90265 (address) — Principal business address
FAQ
What is the nature of the material definitive agreement entered into by Crypto Co.?
The filing states that Crypto Co. entered into a material definitive agreement on January 23, 2025, which created a direct financial obligation.
What type of financial obligation was created?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.
Were there any unregistered sales of equity securities?
Yes, the filing explicitly lists 'Unregistered Sales of Equity Securities' as an item of information.
When was the earliest event reported in this filing?
The earliest event reported was on January 23, 2025.
What is Crypto Co.'s state of incorporation and principal business address?
Crypto Co. is incorporated in Nevada and its principal business address is 23823 Malibu Road, #50477, Malibu, CA 90265.
Filing Stats: 1,034 words · 4 min read · ~3 pages · Grade level 12.1 · Accepted 2025-01-29 16:37:57
Key Financial Figures
- $1,015 — Agreement, totaling up to a cumulative $1,015. In addition, the Consultant will recei
- $0.001 — f the Company's common stock, par value $0.001 per share (the "Common Stock"), subject
- $120,000 — ipal amount of the Promissory Note from $120,000 to $142,000. The Second Amendment to th
- $142,000 — of the Promissory Note from $120,000 to $142,000. The Second Amendment to the Promissory
- $157,556 — of the Promissory Note from $142,000 to $157,556 , provided, however, that the $15,556 o
- $15,556 — $157,556 , provided, however, that the $15,556 of additional principal carries an orig
- $1,556 — l carries an original issue discount of $1,556 withheld from the Company to cover moni
- $15,000 — , to obtain an advance in the amount of $15,000 (the "Loan") for the aforementioned Con
Filing Documents
- form8-k.htm (8-K) — 48KB
- ex10-1.htm (EX-10.1) — 88KB
- ex10-2.htm (EX-10.2) — 4KB
- ex10-2_001.jpg (GRAPHIC) — 498KB
- ex10-2_002.jpg (GRAPHIC) — 414KB
- ex10-2_003.jpg (GRAPHIC) — 90KB
- 0001493152-25-004159.txt ( ) — 1705KB
- crcw-20250123.xsd (EX-101.SCH) — 3KB
- crcw-20250123_lab.xml (EX-101.LAB) — 33KB
- crcw-20250123_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: January 29, 2025 By: /s/ Ron Levy Name: Ron Levy Title: Chief Executive Officer, Chief Operating Officer and Secretary