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5/5Crypto Co (CRCW): Non-reliance / restatement

Filed 2025-06-09 路 Form 8-K 路 Accession 0001641172-25-014329 nano

Market data

Price before filing: $0.0009 (2025-06-06 close, split/dividend-adjusted)
Market cap at flag: $3.1M (2025-06-09) 路 Latest: $3.9M (2026-10-16)

What happened next

WindowCRCWSPYvs SPY
30 days-15.6%+4.5%-20.0%2025-07-09
90 days+411.1%+8.6%+402.5%2025-09-08
180 days+222.2%+14.8%+207.5%2025-12-08

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"Subsequent thereto, on March 26, 2025, the board of directors of the Company, after discussion with Bush of the matters described above, concluded that the Company's audited financial statements as of and for the year ended December 31, 2023, as previously included in the 2023 Form 10-K should no longer be relied upon."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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