8-K
filed July 15, 2024, 7:59 PM ET
ticker AIXC
CIK 0001460702
debt
confidence high
sentiment negative
materiality 0.75
Qualigen issues $2M senior note at 18%, replaces four directors
AIxCrypto Holdings, Inc.
- Issued $2M senior note to Corbo Capital Inc., due July 8, 2025, with 18% annual interest, unsecured, non-convertible.
- Directors Richard David, Sidney Emery, Kurt Kruger, Ira Ritter resigned; Campbell Becher, Robert Lim, Cody Price appointed.
- Warrant partially exercised; outstanding common shares now 12,155,830.
- Note requires partial prepayments from percentage of future financings; principal and interest due at maturity.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Ira Ritter resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Cody Price was appointed as Director at AIxCrypto Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Campbell Becher was appointed as Director at AIxCrypto Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Sidney Emery resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Richard David resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Kurt Kruger resigned as Director at AIxCrypto Holdings, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert Lim was appointed as Director at AIxCrypto Holdings, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
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, which occurred on July 12, 2024.
View on SEC.gov
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