Crypto Co 8-K
Research Summary
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Crypto Co (CRCW) Announces Private Sale of 16.7M Shares
What Happened
Crypto Co (CRCW) filed an 8-K reporting that on February 9, 2026 it entered into a Subscription Agreement with accredited investor Pierre Valldejuli to sell and issue 16,666,667 shares of common stock for an aggregate purchase price of $25,000. The agreement contains customary representations, warranties and covenants and the form of the Subscription Agreement is included as Exhibit 10.1 to the filing.
Key Details
- Date of agreement: February 9, 2026.
- Shares issued: 16,666,667 shares of common stock (par value $0.001).
- Aggregate proceeds: $25,000 (approximately $0.0015 per share).
- Filing notes the sale as an unregistered issuance of equity securities (Item 3.02); Subscription Agreement is filed as Exhibit 10.1.
Why It Matters
This filing discloses a small cash raise ($25,000) achieved by issuing a very large number of shares, which increases the company’s outstanding share count and can dilute existing shareholders. The shares were issued in an unregistered private transaction, which may limit their transferability. Investors should note the size of the issuance relative to proceeds and watch for any additional filings that disclose use of proceeds or effects on total shares outstanding.