m_and_a
confidence high
sentiment positive
materiality 0.80
The Crypto Company acquires 50.1% of Starchive for $8.5M notes, 433M shares, and $3M cash
Crypto Co
- Acquired 50.1% of Starchive.io on Oct 15, 2025 for $8.5M in 5% convertible notes, 433.6M shares (9.99% of outstanding), and $3M cash to Starchive.
- Convertible notes mature in 3 years, convertible only after Maturity Date; shares issued as restricted securities under Rule 144.
- Cash contribution of $3M to be disbursed over 12 months for working capital and business growth.
- Company deems acquisition significant; financial statements and pro forma info to be filed by amendment within 71 days.
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