The Crypto Company announced that it has entered into a securities purchase agreement with returning investor 1800 Diagonal Lending, LLC for issuing a convertible promissory note on December 15, 2022. The note has an aggregate principal amount of $88,760 and is issued at a discount. The note bears an interest rate of 12% per annum and matures on December 9, 2023.

The company has the right to prepay the Note. The issue of note is subject to exemptions afforded by Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) of Regulation D promulgated thereunder.