---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-025866"
form_type: "8-K"
ticker: "CRCW"
cik: "0001688126"
company_name: "Crypto Co"
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:15:34.139358+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# The Crypto Company converts $3.8M convertible debt to equity via AJB Capital

## Summary
- Converts $3,808,733 debt into 476,953,697 shares, $500K cash, and pre-funded warrant for 713,915,563 shares.
- All Notes except $93,386 New Note cancelled; leak-out provision limits sales to 15% of 5-day VWAP or 20M shares/day.
- CEO Ron Levy says restructuring strengthens capital structure and reduces dilution overhang.
- Closing within 30 days; legacy debt reduced to single $93K note.

## SEC filing metadata
- accession: 0001493152-25-025866
- form_type: 8-K
- ticker: CRCW
- cik: 0001688126
- company_name: Crypto Co
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1688126/000149315225025866/0001493152-25-025866-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1688126/000149315225025866/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-025866
- JSON: https://secwatch.observer/filing/0001493152-25-025866.json
- Plain text: https://secwatch.observer/filing/0001493152-25-025866.txt

## Key facts
- Material Agreements
  Crypto Co entered into Debt Conversion Agreement with AJB Capital Investments LLC valued at $3,808,733 (effective 2025-11-26).
  - Action: entry
  - Counterparty: AJB Capital Investments LLC
  - Value: $3,808,733
  - Effective: 2025-11-26
  source text: On November 26, 2025 (the “Execution Date”), The Crypto Company (the “Company”) entered into a Debt Conversion Agreement (the “Agreement”) with AJB Capital Investments LLC (“Holder”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1688126/000149315225025866/0001493152-25-025866-index.htm

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