DealsNov 10, 2026, 04:47 PM
Crypto Co Sells 84.2M Shares for $65K in Private Placement
AI Summary
The Crypto Company (CRCW) executed Subscription Agreements to sell 84,210,128 shares of its common stock for an aggregate purchase price of $65,000. The payment included $50,000 in cash, 1.4 ETH, and 0.16 BTC. This private placement transaction was exempt from registration under Section 4(a)(2) of the Securities Act and Rule 506(b). Notably, Rafael Furst, the Company's Chief Strategy Officer, is the managing member of one of the investors, Three Mile Creek Future LLC. The shares were issued to accredited investors.
Key Highlights
- The Crypto Company sold 84,210,128 shares of common stock.
- The aggregate purchase price was $65,000, consisting of $50,000 cash, 1.4 ETH, and 0.16 BTC.
- The transaction was a private placement exempt from registration under Section 4(a)(2) and Rule 506(b).
- Rafael Furst, Chief Strategy Officer, is the managing member of one of the investors, Three Mile Creek Future LLC.
- The shares were issued to investors who represented they are 'accredited investors'.
Price Impact
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