Joel Stone
On June 19, 2023, CalEthos, Inc. (the “Company”) entered into an Employment Agreement dated as of June 19, 2023 (the “Employment Agreement”) with Joel Stone, the Company’s President and Chief Operating Officer.
Highest-materiality recent filing
CalEthos changes name to TerraVolt Holdings; stock symbol unchanged
Name change from CalEthos, Inc. to TerraVolt Holdings, Inc. effective June 30, 2026.
CalEthos signs natural gas supply agreement for planned data center power plant
Entered letter agreement with top-tier natural gas marketing company for firm supply of 55,000 MMBTU/day.
Issued $16M promissory note (8% interest, due Dec 31, 2028) and warrant for 6M shares at $0.50 to SFO IDF LLC, an entity owned by trust for director Sean Fontenot's family.
CalEthos options 315 acres in Lithium Valley for $5M data center campus, drops prior site
Signed option agreement on July 22, 2024, to purchase 315 acres for $5M in Imperial County, CA; initial one-year term, extendable six months.
CalEthos exchanges $5.4M debt and warrants for 10.8M shares; related party converts $4.3M
Exchanged $5,417,459.50 of principal and accrued interest on promissory notes and related warrants for 10,834,919 common shares.
CalEthos completes Phase I of 300MW clean energy data center campus in Southern California
Assembled team of data center veterans from Microsoft, Google, Meta, NTT, CenturyLink and Global Switch.
CalEthos hires Joel Stone as President and COO with $250K salary, 2.5M stock options
Joel Stone appointed President and COO; employment agreement dated June 19, 2023, effective from March 28, 2023.
CalEthos appoints directors Shum and Fontenot; Fontenot affiliate holds $3.85M convertible note
Steven M. Shum (CEO of INVO Bioscience) and Sean Fontenot appointed to board on Oct 7, 2021, filling vacancies.
CalEthos raises $3.5M via OID convertible note, grants 11.5M shares to CEO/CTO
Sold $3.85M convertible note (10% OID) and Series A warrant for 1.54M shares at $1.87; net proceeds $3.5M.
CalEthos pivots from cannabis to crypto mining hardware; plans name change to AIQ Blockchain
Plans to develop a 5nm ASIC chip and immersion-cooled bitcoin mining systems targeting >50% energy reduction vs. air-cooled miners.
On June 19, 2023, CalEthos, Inc. (the “Company”) entered into an Employment Agreement dated as of June 19, 2023 (the “Employment Agreement”) with Joel Stone, the Company’s President and Chief Operating Officer.
the Board of Directors of the Company appointed Steven M. Shum and Sean Fontenot to the Board of Directors of the Company to fill existing vacancies on the Board.
the Board of Directors of the Company appointed Steven M. Shum and Sean Fontenot to the Board of Directors of the Company to fill existing vacancies on the Board.
Max materiality 0.75 · Median 0.72 · Most common event other_material