---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035363"
form_type: "8-K"
ticker: "CRCW"
cik: "0001688126"
company_name: "Crypto Co"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:05:28.531483+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Crypto Company issues 10 super-voting preferred shares to CEO, increases authorized common to 19 billion

## Summary
- Issued 10 shares of Series A Preferred Stock to CEO Ronald Levy as bonus, each with 950 million votes.
- Amended articles to increase authorized common stock from 2 billion to 19 billion shares.
- Shareholders owning 50.14% of common stock approved the amendment by written consent.
- The preferred stock was issued in a private transaction exempt from registration under Rule 506(b).
- The amendment creates a new class with disproportionate voting power, diluting common shareholders.

## SEC filing metadata
- accession: 0001493152-24-035363
- form_type: 8-K
- ticker: CRCW
- cik: 0001688126
- company_name: Crypto Co
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.02, 5.03, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688126/000149315224035363/0001493152-24-035363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688126/000149315224035363/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035363
- JSON: https://secwatch.observer/filing/0001493152-24-035363.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035363.txt

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