---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-008104"
form_type: "8-K"
ticker: "EBZT"
cik: "0001730869"
company_name: "Everything Blockchain, Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:13:54.752409+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Everything Blockchain sells Mercury subsidiary to founder Chris Carter for $216,583

## Summary
- Completed sale of wholly owned subsidiary Mercury, Inc. to its founder/CEO Chris Carter on Oct 31, 2023.
- Consideration: 115,000 shares of common stock ($1.19/share) and 60,000 Series C preferred shares ($1.33/share) owned by Carter.
- Total purchase price of $216,583 based on estimated net assets of Mercury.
- Agreement includes provision that any Employee Retention Credit refund received by Mercury must be forwarded to Everything Blockchain.

## SEC filing metadata
- accession: 0001477932-23-008104
- form_type: 8-K
- ticker: EBZT
- cik: 0001730869
- company_name: Everything Blockchain, Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730869/000147793223008104/0001477932-23-008104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730869/000147793223008104/ebi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-008104
- JSON: https://secwatch.observer/filing/0001477932-23-008104.json
- Plain text: https://secwatch.observer/filing/0001477932-23-008104.txt

## Key facts
- M&A Transactions
  Everything Blockchain, Inc. completed a disposition involving Chris Carter for 115,000 shares of Company common stock and 60,000 shares of Company Series C Preferred Stock, owned by Chris Carter, for a total sales price of $216,583 (closed 2023-10-31).
  - Action: disposition
  - Counterparty: Chris Carter
  - Consideration: 115,000 shares of Company common stock and 60,000 shares of Company Series C Preferred Stock, owned by Chris Carter, for a total sales price of $216,583
  - Closing: 2023-10-31
  source text: 2023, the Board of Directors approved, and the Company completed, the sale of Mercury, Inc. (“Mercury”) to Chris Carter, founder and CEO of Mercury. The sales price consisted of 115,000 shares of Company common stock and 60,000 shares of Company Series C Preferred Stock, owned by Chris Carter, for a total sales price of $216,583. The sales price was primarily
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730869/000147793223008104/0001477932-23-008104-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.