secwatch.observer — SEC 8-K summary
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Issuer:     Crypto Co (CRCW)
CIK:        0001688126
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001493152-23-031968
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

The Crypto Company licenses TelBill software for $300K plus 19.98% warrants
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- Non-exclusive license of TelBill fin-tech software for $300,000 paid per fee schedule.
- Crypto Co. to pay TelBill infrastructure costs at actual cost with no markup.
- TelBill receives 15% of net program profits from revenue generated using the software.
- Crypto Co. issues warrants for 19.98% equity, 30-year term, vesting per schedule.
- Agreement has 100-year term; both parties can terminate on written notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688126/000149315223031968/0001493152-23-031968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688126/000149315223031968/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-031968

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