Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Crypto Co incurred loan of $50,000 with AJB Capital Investments, LLC at no interest on the principal except for default interest maturing July 30, 2024.
- Instrument
- loan
- Principal
- $50,000
- Counterparty
- AJB Capital Investments, LLC
- Rate
- no interest on the principal except for default interest
- Maturity
- July 30, 2024
- Event
- incurrence
Exact text from the filing
The Crypto Company (the “Company”) borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “AJB SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $50,000 (the “AJB Note”) to AJB in a private transaction for a purchase price of $42,500, each dated as of January 30, 2024, the funds for which were received on February 1, 2024.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Crypto Co entered into Securities Purchase Agreement with AJB Capital Investments, LLC (effective 2024-01-30).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- AJB Capital Investments, LLC
- Effective
- 2024-01-30
Exact text from the filing
The Crypto Company (the “Company”) borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “AJB SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued a Promissory Note in the principal amount of $50,000 (the “AJB Note”) to AJB in a private transaction for a purchase price of $42,500, each dated as of January 30, 2024
View on SEC.gov