ETHZilla Corp. Files 8-K, Shifts Focus to Crypto Assets
Ticker: FRMM · Form: 8-K · Filed: Sep 15, 2025 · CIK: 1690080
| Field | Detail |
|---|---|
| Company | Ethzilla CORP (FRMM) |
| Form Type | 8-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $250.0 million, $2.50, $460 million, $228 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: company-name-change, business-shift, crypto-assets
TL;DR
ETHZilla Corp. is officially in crypto now, ditching its old names and businesses.
AI Summary
On September 15, 2025, ETHZilla Corp. filed an 8-K report. The filing indicates a change in its business focus, previously operating as 180 Life Sciences Corp. and KBL Merger Corp. IV, and now operating under the name ETHZilla Corp. with a focus on Crypto Assets.
Why It Matters
This 8-K filing signals a significant strategic pivot for ETHZilla Corp., indicating a move away from its previous operations towards the cryptocurrency sector.
Risk Assessment
Risk Level: medium — The shift to a new industry like crypto assets introduces inherent volatility and regulatory uncertainties.
Key Players & Entities
- ETHZilla Corp. (company) — Registrant
- 180 Life Sciences Corp. (company) — Former Company Name
- KBL Merger Corp. IV (company) — Former Company Name
- September 15, 2025 (date) — Date of Report
FAQ
What is the primary business focus of ETHZilla Corp. as indicated by this filing?
The filing indicates that ETHZilla Corp. is focused on 'Crypto Assets'.
When was the report filed?
The report was filed on September 15, 2025.
What were ETHZilla Corp.'s previous names?
ETHZilla Corp. was formerly known as 180 Life Sciences Corp. and KBL Merger Corp. IV.
In which state is ETHZilla Corp. incorporated?
ETHZilla Corp. is incorporated in Delaware.
What is the SIC code listed for ETHZilla Corp.?
The Standard Industrial Classification code listed is 6199 for Finance Services.
Filing Stats: 1,093 words · 4 min read · ~4 pages · Grade level 12.9 · Accepted 2025-09-15 08:04:24
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share ETHZ The NASDAQ Stock Mar
- $250.0 million — ed a stock repurchase program for up to $250.0 million of the currently outstanding shares of
- $2.50 — of common stock at an average price of $2.50 per share, which have been cancelled an
- $460 million — H Equivalents Held (USD): approximately $460 million Total USD Cash Equivalents: approxima
- $228 million — l USD Cash Equivalents: approximately : $228 million Total Earned Protocol Tokens: 1,500,0
Filing Documents
- ea0257334-8k_ethzilla.htm (8-K) — 39KB
- ea025733401ex99-1_ethzilla.htm (EX-99.1) — 32KB
- ex99-1_001.jpg (GRAPHIC) — 12KB
- 0001213900-25-087425.txt ( ) — 302KB
- ethzw-20250915.xsd (EX-101.SCH) — 4KB
- ethzw-20250915_lab.xml (EX-101.LAB) — 36KB
- ethzw-20250915_def.xml (EX-101.DEF) — 26KB
- ethzw-20250915_pre.xml (EX-101.PRE) — 25KB
- ea0257334-8k_ethzilla_htm.xml (XML) — 6KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On September 15, 2025, ETHZilla Corporation (the " Company ") issued a press release providing an update on its stock repurchase program, business strategy, and ETH accumulation, a copy of which is furnished hereto as Exhibit 99.1 , which is incorporated by reference into this Item 7.01 in its entirety. The information in this Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.1 is being furnished to the U.S. Securities and Exchange Commission, and shall not be deemed to be "filed" for the purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.
01 Other Events
Item 8.01 Other Events. Stock Repurchase Program On August 22, 2025, the Board of Directors of the Company authorized and approved a stock repurchase program for up to $250.0 million of the currently outstanding shares of the Company's common stock. Subject to any future extension in the discretion of the Board of Directors of the Company, the repurchase program is scheduled to expire upon the earliest of (i) June 30, 2026, (ii) when a maximum of $250.0 million of the Company's common stock has been repurchased, or (iii) when such program is discontinued by the Board of Directors. From September 5, 2025 to September 12, 2025, the Company repurchased an aggregate of approximately 3.75 million shares of common stock at an average price of $2.50 per share, which have been cancelled and/or in the process of being cancelled. ETH Accumulation Status Update A summary of ETHZilla's current ETH position and key metrics as of September 12, 2025: Total ETH & ETH Equivalents Held : 102,255 Total ETH & ETH Equivalents Held (USD): approximately $460 million Total USD Cash Equivalents: approximately : $228 million Total Earned Protocol Tokens: 1,500,000 Total Shares Outstanding: 160,676,122 1 Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 99.1* Press Release dated September 15, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL documents). * Furnished herewith.
Forward Looking Statements
Forward Looking Statements This Current Report on Form 8-K and the press release attached as Exhibit 99.1 to this Current Report on Form 8-K, may contain forward-looking information within the meaning of applicable securities laws (" forward-looking statements "). These forward-looking statements represent the Company's current expectations or beliefs concerning future events and can generally be identified using statements that include words such as "estimate," "expects," "project," "believe," "anticipate," "intend," "plan," "foresee," "forecast," "likely," "will," "target" or similar words or phrases. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of the Company's control which could cause actual results to differ materially from the results expressed or implied in the forward-looking nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking or in the manner the Company expects, or at all. The Company undertakes no obligation to publicly update or revise any of the forward-looking and Exchange Commission (SEC) filings or public disclosures, except as provided by law. Consequently, you should not consider any such list to be a complete set of all potential risks and uncertainties. More information on potential factors that could affect the Company's financial results is inclu
Forward-looking statements speak only as of the date they are made
Forward-looking statements speak only as of the date they are made. 2
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. Date: September 15, 2025 ETHZilla Corporation By: /s/ McAndrew Rudisill Name: McAndrew Rudisill Title: Chief Executive Officer 3