debt
confidence high
sentiment neutral
materiality 0.60
The Crypto Company extends $1.05M notes to Aug 2027, issues 234M shares (20% interest payment)
Crypto Co
- Extended secured promissory notes with Eksa Holdings, Practivist Investors, Robert Nail, and Three Mile Creek Future LLC to maturity August 2027.
- Issued 234,251,400 shares (20% of $1,054,071 aggregate principal at $0.0009/share) as one-time extension interest payment.
- Noteholders may receive an additional 10% of principal in shares (at one-week VWAP) on May 12, 2027, if any principal remains unpaid as of May 11, 2027.
- Shares are restricted securities; resale capped at 8% of prior month's trading volume until six-month anniversary or registration.
- Security Agreement dated Dec 4, 2025 remains in effect; collateral, lien priority, and subordination provisions unchanged.