---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-024888"
form_type: "8-K"
ticker: "EXOD"
cik: "0001821534"
company_name: "Exodus Movement, Inc."
filed_at: "2026-04-13T23:59:59+00:00"
generated_at: "2026-05-15T06:36:16.966267+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Exodus Movement files lawsuit to compel W3C Corp to close acquisition under binding agreement

## Summary
- Filed lawsuit in Delaware Court of Chancery against W3C Corp and CEO Garth Howat to enforce Nov 24, 2025 Stock Purchase Agreement.
- Declared loans to W3C payable on demand and exercised rights under related loan security.
- Obtained UK FCA approval on April 8, 2026, needed to complete the acquisition.
- Plans to provide update on W3C acquisition and growth roadmap at Exodus Summit on May 1, 2026.

## SEC filing metadata
- accession: 0001628280-26-024888
- form_type: 8-K
- ticker: EXOD
- cik: 0001821534
- company_name: Exodus Movement, Inc.
- filed_at: 2026-04-13T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821534/000162828026024888/0001628280-26-024888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821534/000162828026024888/exod-20260413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-024888
- JSON: https://secwatch.observer/filing/0001628280-26-024888.json
- Plain text: https://secwatch.observer/filing/0001628280-26-024888.txt

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