---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-027015"
form_type: "8-K"
ticker: "AIXC"
cik: "0001460702"
company_name: "AIxCrypto Holdings, Inc."
filed_at: "2024-07-11T23:59:59+00:00"
generated_at: "2026-05-31T21:45:25.586297+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Qualigen issues $2M senior note at 18% interest; board reshuffled; convertible debenture converted

## Summary
- Issued $2M senior note at 18% annual interest, matures July 8, 2025, with prepayment from future financings.
- Richard David, Sidney Emery, Kurt Kruger, Ira Ritter resigned; Campbell Becher, Robert Lim, Cody Price appointed to board.
- Holder of $3.3M 8% convertible debenture converted entire amount into common stock; 11,382,830 shares outstanding.

## SEC filing metadata
- accession: 0001493152-24-027015
- form_type: 8-K
- ticker: AIXC
- cik: 0001460702
- company_name: AIxCrypto Holdings, Inc.
- filed_at: 2024-07-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 5.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-027015
- JSON: https://secwatch.observer/filing/0001493152-24-027015.json
- Plain text: https://secwatch.observer/filing/0001493152-24-027015.txt

## Key facts
- Executive change
  Kurt Kruger resigned as Director at AIxCrypto Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- Executive change
  Robert Lim was appointed as Director at AIxCrypto Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On July 5, 2024, the Company’s Board of Directors appointed Campbell Becher, Robert Lim and Cody Price to serve as directors on the Board effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- Executive change
  Sidney Emery resigned as Director at AIxCrypto Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- Executive change
  Campbell Becher was appointed as Director at AIxCrypto Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On July 5, 2024, the Company’s Board of Directors appointed Campbell Becher, Robert Lim and Cody Price to serve as directors on the Board effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- Executive change
  Cody Price was appointed as Director at AIxCrypto Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: On July 5, 2024, the Company’s Board of Directors appointed Campbell Becher, Robert Lim and Cody Price to serve as directors on the Board effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- Executive change
  Richard David resigned as Director at AIxCrypto Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm
- Executive change
  Ira Ritter resigned as Director at AIxCrypto Holdings, Inc..
  - Action: resigned
  - Role: Director
  source text: On July 5, 2024, Richard David, Sidney Emery, Kurt Kruger and Ira Ritter each resigned from his respective position as a member of the Company’s Board of Directors effective upon the Company’s receipt of the $2,000,000 pursuant to the Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1460702/000149315224027015/0001493152-24-027015-index.htm

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