The Crypto Company entered into a securities purchase agreement with returning lender AJB Capital Investments LLC for issuance of a promissory note in the principal amount of $50,000 for a purchase price of $42,500 on January 30, 2024. The company also paid certain fees and expenses of $2,500. The maturity date of the note is July 30, 2024.

The note bears no interest on the principal except for default interest, if any. The offer and sale of the AJB Note was made in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the ?Securities Act?), in reliance on exemptions afforded by Section 4(a)(2) of the Securities Act and Rule 506(b) of Regulation D promulgated thereunder.