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Crypto Co issues 97.2M shares for $75K in placement

The purchase price includes both cash and ETH, whose fair market value was fixed when the applicable subscription agreement was executed.

(High)

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Form Type
8-K

Rhea-AI Filing Summary

Crypto Co (CRCW) issued 97,165,533 shares of common stock to James Smittkamp and Three Mile Creek Future LLC in a private placement for an aggregate purchase price of $75,000. The consideration consisted of $65,000 in cash and 3.4683 ETH; the fair market value of the ETH was fixed as of the execution date of the applicable subscription agreement on October 9, 2026.

The shares were issued under an exemption from registration, and the investors represented that they are accredited investors acquiring the securities for investment, not for public resale. The sale was made without general solicitation or general advertising. Rafael Furst, Crypto Co’s Chief Strategy Officer, is the managing member of Three Mile Creek Future LLC.

Filing Explained

Crypto Co’s issuance of 97,165,533 common shares in the private placement increases the share count and, absent offsetting changes, reduces existing holders’ percentage ownership.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Common stock issued 97,165,533 shares Private placement on October 9, 2026
Aggregate purchase price $75,000 Consideration under the subscription agreements
Cash consideration $65,000 Part of the aggregate purchase price
ETH consideration 3.4683 ETH Part of the aggregate purchase price
Common stock par value $0.001 per share Par value of the issued common stock
private placement financial
"in a private placement transaction exempt from registration"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Rule 506(b) regulatory
"Rule 506(b) promulgated thereunder"
Rule 506(b) is a U.S. securities exemption that lets companies sell shares or debt privately without full public registration, provided sales are primarily to accredited investors, up to 35 non‑accredited but financially knowledgeable buyers, and there is no public advertising or solicitation. It matters to investors because offerings under 506(b) usually include less public disclosure than registered securities—like buying from a private seller rather than a retail store—so buyers must do more of their own fact‑checking and rely on their financial sophistication.
accredited investor regulatory
"represented that it is an “accredited investor”"
An accredited investor is an individual or entity that meets certain financial criteria, such as having a high income or significant net worth, allowing them to invest in private or less regulated investment opportunities. This status matters because it grants access to investments that are often riskier or less available to the general public, reflecting a higher level of financial knowledge or resources.
fair market value financial
"the fair market value of the ETH was determined and fixed"
The price a willing buyer and a willing seller would agree on for an asset or security when neither is under pressure and both have access to the same information. Think of it as the market’s neutral estimate of what something is worth, like the price two neighbors would settle on for a car after comparing similar listings. Investors care because fair market value guides buying and selling decisions, tax reporting, portfolio valuation, and how accurately company assets are reflected in financial statements.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did CRCW issue in the private placement?

Crypto Co issued 97,165,533 shares of common stock to James Smittkamp and Three Mile Creek Future LLC under subscription agreements executed on October 9, 2026.

What did the CRCW investors pay for the shares?

The aggregate purchase price was $75,000, consisting of $65,000 in cash and 3.4683 ETH. The fair market value of the ETH was determined and fixed as of the execution date of the applicable subscription agreement.

Why were the CRCW shares issued without registration?

The shares were issued in a private placement relying on an exemption from registration under Regulation D, including Rule 506(b). The investors represented that they were accredited investors and that they were acquiring the securities for investment, not for public resale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 9, 2026

 

The Crypto Company

(Exact name of registrant as specified in its charter)

 

Nevada   000-55726   46-4212105
(State or other jurisdiction of incorporation)  

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

23823 Malibu Road, #50477, Malibu, CA   90265
(Address of principal executive offices)   (Zip Code)

 

(424) 228-9955

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
None   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 1.01. Entry into a Material Definitive Agreement.

 

Subscription Agreements

 

On October 9, 2026, The Crypto Company (the “Company”) executed Subscription Agreements (each, a “Subscription Agreement” and collectively, the “Subscription Agreements”) with James Smittkamp and Three Mile Creek Future LLC (each, an “Investor” and collectively, the “Investors”), each of which is in the form filed as Exhibit 10.1 hereto, pursuant to which the Company agreed to sell and issue to the Investors an aggregate of 97,165,533 shares of the Company’s common stock, par value $0.001 per share (“Common Stock”) for an aggregate purchase price of $75,000, consisting of $65,000 in cash and 3.4683 ETH, in a private placement transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 506(b) promulgated thereunder and applicable state exemptions. In accordance with the terms of the Subscription Agreements, the fair market value of the ETH was determined and fixed as of the execution date of the applicable Subscription Agreement.

 

Rafael Furst, the Company’s Chief Strategy Officer, is the managing member of Three Mile Creek Future LLC.

 

The Subscription Agreements contain customary representations, warranties and covenants that were made solely for the benefit of the parties to the Subscription Agreements. Such representations, warranties and covenants (i) are intended as a way of allocating risk between the parties to the Subscription Agreements and not as statements of fact, and (ii) may apply standards of materiality in a way that is different from what may be viewed as material by shareholders of, or other investors in, the Company. Accordingly, the Form of Subscription Agreement is included with this filing only to provide investors with information regarding the terms of the transaction and not to provide any other factual information regarding the Company.

 

The foregoing description of the Subscription Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the form of Subscription Agreement, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

 

Item 3.02. Unregistered Sales of Equity Securities.

 

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. The shares were issued to the Investors pursuant to exemptions from registration provided by Rule 506 of Regulation D promulgated thereunder, as a transaction not involving a public offering. The subscription securities described above under Item 1.01 have not been registered under the Securities Act. Based in part upon the representations of the Investors in the Subscription Agreements, the Company relied on the exemption afforded by Regulation D under the Securities Act, and corresponding provisions of state securities or “blue sky” laws. Each of the Investors has represented that it is an “accredited investor” as defined in Regulation D of the Securities Act and that it is acquiring the securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof, and appropriate legends will be affixed to the securities. The sales of the securities did not involve a public offering and were made without general solicitation or general advertising. Neither this Current Report on Form 8-K nor any exhibit attached hereto is an offer to sell or the solicitation of an offer to buy any securities of the Company.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit No.   Description
10.1   Form of Subscription Agreement.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 
 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: October 13, 2026

 

  THE CRYPTO COMPANY
     
  By: /s/ Ron Levy
  Name: Ron Levy
  Title: Chief Executive Officer, Interim CFO and Secretary

 

 

 

Filing Exhibits & Attachments

4 documents

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