On March 19, 2026, The Crypto Company, a Nevada corporation, entered into a Mutual Transfer and Release Agreement with Starchive.io, Inc., effectively rescinding a previous acquisition agreement. This decision reverses the acquisition of 50.1% of Starchive's outstanding capital stock, which was initially acquired under a Securities Purchase Agreement dated October 8, 2025. As part of the rescission, The Crypto Company will return all shares acquired from the Sellers and will receive back an aggregate of 433,633,691 shares of its common stock that were previously issued to the Sellers. Additionally, all convertible promissory notes issued to the Sellers in connection with the original acquisition will be canceled, with no principal or interest remaining outstanding. The Company will issue 151,748,756 shares of its common stock to Starchive as consideration for the rescission and mutual release of claims arising from the original agreement. This transaction is expected to have a negative impact on the company's stock price due to the dilution of shares and the reversal of a strategic acquisition.
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