---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041866"
form_type: "8-K"
ticker: "CRCW"
cik: "0001688126"
company_name: "Crypto Co"
filed_at: "2023-11-17T23:59:59+00:00"
generated_at: "2026-06-08T00:11:13.106277+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# The Crypto Company borrows $500K from AJB Capital, settles prior debts Diagonal and Coventry

## Summary
- Borrowed $500K from AJB Capital via promissory note at 12% interest; net proceeds $405K for working capital.
- Issued warrant to purchase up to 10M shares at $0.00001 per share to AJB.
- Settled Diagonal Notes for $126,500 paid in full on Nov 13, 2023.
- Settled Coventry Note for $15,000; paid $7,500 now, balance due within 120 days.

## SEC filing metadata
- accession: 0001493152-23-041866
- form_type: 8-K
- ticker: CRCW
- cik: 0001688126
- company_name: Crypto Co
- filed_at: 2023-11-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688126/000149315223041866/0001493152-23-041866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688126/000149315223041866/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041866
- JSON: https://secwatch.observer/filing/0001493152-23-041866.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041866.txt

## Key facts
- Debt Financings
  Crypto Co incurred loan of $500,000 with AJB Capital Investments, LLC at 12% per year maturing May 10, 2024.
  - Instrument: loan
  - Principal: $500,000
  - Counterparty: AJB Capital Investments, LLC
  - Rate: 12% per year
  - Maturity: May 10, 2024
  - Event: incurrence
  source text: to the terms of a Securities Purchase Agreement (the “Nov. SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $500,000 to AJB (the “Nov. Note”) in a private transaction for a purchase price of $425,000 (giving effect to an original issue discount). After payment of the fees and costs, the net
  evidence_url: https://www.sec.gov/Archives/edgar/data/1688126/000149315223041866/0001493152-23-041866-index.htm
- Material Agreements
  Crypto Co entered into Securities Purchase Agreement with AJB Capital Investments, LLC valued at $500,000 (effective 2023-11-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: AJB Capital Investments, LLC
  - Value: $500,000
  - Effective: 2023-11-13
  source text: On November 13, 2023, The Crypto Company (the “Company”) borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “Nov. SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $500,000 to AJB
  evidence_url: https://www.sec.gov/Archives/edgar/data/1688126/000149315223041866/0001493152-23-041866-index.htm

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