# EDGAR Filing Document

**Accession Number:** 0001690080
**File Stem:** 0001213900-25-123877
**Filing Date:** 2025-12
**Character Count:** 14391
**Document Hash:** c48226bd47a70957c0e3339378095f73
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-123877.hdr.sgml**: 20251219

**ACCESSION NUMBER**: 0001213900-25-123877

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251219

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251219

**DATE AS OF CHANGE**: 20251219

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETHZilla Corp
- **CENTRAL INDEX KEY:** 0001690080
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 813832378
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38105
- **FILM NUMBER:** 251587914

**BUSINESS ADDRESS:**
- **STREET 1:** 2875 SOUTH OCEAN
- **STREET 2:** SUITE 200
- **CITY:** PALM BEACH
- **STATE:** FL
- **ZIP:** 33480
- **BUSINESS PHONE:** 650-507-0669

**MAIL ADDRESS:**
- **STREET 1:** 2875 SOUTH OCEAN
- **STREET 2:** SUITE 200
- **CITY:** PALM BEACH
- **STATE:** FL
- **ZIP:** 33480

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** 180 Life Sciences Corp.
- **DATE OF NAME CHANGE:** 20201106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KBL MERGER CORP. IV
- **DATE OF NAME CHANGE:** 20161115

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

Date of Report (Date of earliest event reported): December 19, 2025

**<u>ETHZilla Corporation</u>**

(Exact Name of Registrant as Specified in Charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-38105** | **90-1890354** |
| (State or Other Jurisdiction<br> of Incorporation) | (Commission File Number) | (IRS Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **2875 South Ocean Blvd, Suite 200<br> Palm Beach, FL** | **33480** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **<u>(650) 507-0669</u>**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.0001 per share | ETHZ | The NASDAQ Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On December 19, 2025, the Board of Directors (the "<u>Board</u>") of ETHZilla Corporation (the "<u>Company</u>", "<u>we</u>" and "<u>us</u>"), with the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Angela Dalton and Michael Edwards (collectively, the "<u>Appointees</u>") as members of the Board, effective immediately (the "<u>Appointments</u>"). In connection with the Appointments, the Company entered into offer letters with each of Ms. Dalton and Mr. Edwards, which provide for compensation for services as a non-employee director consistent with the compensation generally provided to our other non-employee directors. The Company has already entered into, or plans to enter into, a standard form of indemnity agreement with each of the Appointees, which agreement is filed as <u>Exhibit 10.6</u> to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on May 9, 2024.

Both Ms. Dalton and Mr. Edwards were appointed as Class I directors of the Company, and will serve as directors until the Company's 2027 Annual Meeting of Stockholders and until each of their successors has been duly elected and qualified, or until their earlier death, resignation or removal.

At the same time, the Board, pursuant to the power provided to the Board by the Company's Second Amended and Restated Certificate of Incorporation, as amended, set the number of members of the Board at seven (7) members.

The Board determined that Ms. Dalton and Mr. Edwards are "<u>independent</u>" pursuant to the rules of The Nasdaq Stock Market and that Ms. Dalton is independent pursuant to Rule 10A-3(b)(1) under the Securities Exchange Act of 1934, as amended. There are no family relationships between Ms. Dalton or Mr. Edwards and any director or executive officer of the Company.

Upon their appointment to the Board, Ms. Dalton was appointed as a Member of the Audit Committee and as Chairperson of the Compensation Committee (replacing Mr. Andrew Suckling, who will remain on the Compensation Committee as a Member), and Mr. Edwards was appointed as a member of the Nominating and Corporate Governance Committee.

Neither Ms. Dalton nor Mr. Edwards is a party to any material plan, contract or arrangement (whether or not written) with the Company, and there are no arrangements or understandings between Ms. Dalton or Mr. Edwards and any other person pursuant to which Ms. Dalton and Mr. Edwards were selected to serve as a director of the Company, nor are Ms. Dalton or Mr. Edwards a participant in any related party transaction required to be reported pursuant to Item 404(a) of Regulation S-K.

**Item 7.01 Regulation FD Disclosure.**

On December 19, 2025, the Company issued a press release announcing the appointment of the new directors discussed above in <u>Item 5.02</u>.

The press release is furnished as <u>Exhibit 99.1</u> to this Current Report on Form 8-K and incorporated into this <u>Item 7.01</u> by reference. The information in this <u>Item 7.01</u>, including <u>Exhibit 99.1</u> attached hereto, shall not be deemed "<u>filed</u>" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

**Item 8.01 Other Events**

Since December 15, 2025, the Company has sold approximately 24,291 Ether (ETH) for an aggregate of $74.5 million, at an average price of $3,068.69 per ETH. The Company currently holds approximately 69,800 ETH on its balance sheet. The Company currently expects to use all, or a significant portion, of this funding to redeem its outstanding senior secured convertible notes pursuant to the terms of that certain Note Mandatory Redemption Agreement dated December 9, 2025, as previously disclosed in the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (SEC) on December 10, 2025.

The Company plans to continue to evaluate various capital raising strategies including ETH sales and equity offerings, as it seeks to complete its business plans, including the tokenization of real world assets. Moving forward the Company plans to provide updates regarding material changes in its ETH holdings through future filings with the SEC, or other public announcements, which may include its website (https://ethzilla.com), press releases, and various social media channels, including its X account (x.com/ETHZilla_ETHZ) and its LinkedIn account (https://www.linkedin.com/company/ethzilla/).The contents on the Company's website and its social media channels are not incorporated by reference in this Current Report on Form 8-K.

**Item 9.01 Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits.

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| | |
|:---|:---|
| **Exhibit Number** | **Description of Exhibit** |
| 99.1 | [Press Release dated December 19, 2025](ea027025301ex99-1_ethzila.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 19, 2025

---

| | | |
|:---|:---|:---|
| **ETHZilla Corporation** | **ETHZilla Corporation** | **ETHZilla Corporation** |
| By: | */s/ McAndrew Rudisill* | */s/ McAndrew Rudisill* |
|  | Name: | McAndrew Rudisill |
|  | Title: | Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**ETHZilla Announces Appointment of Angela Dalton and Michael Edwards to Board of Directors**

 

**Palm Beach, FL – December 19, 2025 –** ETHZilla Corporation (Nasdaq: ETHZ) ("ETHZilla" or the "Company") today announced that Angela Dalton, chief executive officer and founder of Signum Growth and a veteran technology and media executive, and Michael Edwards, an accomplished institutional investor and strategic advisor, have been appointed to its Board as independent Directors, effective immediately.

"Expanding and diversifying our board strengthens our ability to manage risk, evaluate capital allocation decisions and uphold strong governance standards," said McAndrew Rudisill, chairman and chief executive officer of ETHZilla. "Angela and Michael join our Board at a pivotal moment for ETHZilla as we accelerate the institutional adoption of real-world asset (RWA) tokenization.

"Angela's deep experience across technology, gaming, and emerging digital ecosystems, and Michael's background in complex event-driven investing provide perspectives that align directly with our mission to bring real-world assets on-chain," Rudisill continued. "Their expertise will help guide ETHZilla as we scale our blockchain infrastructure, expand our tokenization capabilities, and capitalize on what we believe is a generational shift in how credit, data, and value flow across global markets."

Dalton founded Signum Growth in 2018 and has more than 20 years of experience across technology, media, and emerging digital ecosystems, with a particular focus on video games, digital assets, and next-generation interactive platforms. Signum Growth Capital is a FINRA-registered broker dealer. Prior to founding Signum, Dalton held the role of managing director at UBS, Evercore Partners, and Guggenheim Partners, and was an initial investor and co-founder of Evercore Group LLC, the firm's equities business. In addition to her role at Signum Growth, Dalton is also the manager of AD8 Pop, a next generation games publisher supporting creators on user-generated content gaming platforms such as Roblox and the creation environment for Fortnite.

"ETHZilla is building the infrastructure needed to translate institutional-grade asset evaluation into investable digital formats. I look forward to supporting the Company as it advances its tokenization strategy and builds new pathways for capital formation," said Dalton.

Edwards brings substantial strategic investment and transaction structuring expertise accumulated over more than two decades investing in and advising on boards of both public and private companies. He began his career in Credit Suisse First Boston's Technology M&A Group before joining The D.E. Shaw Group in 2003, where he became a portfolio manager within Global Special Situations, overseeing the firm's event-driven and risk arbitrage strategies. He later served as head of U.S. business and head of global event driven strategies at Arrowgrass Capital Partners, and subsequently as deputy chief investment officer of Weiss Advisors. In 2024, he founded his own strategic advisory business serving both corporate and investment management clients.

"ETHZilla is establishing its leadership position in decentralized finance (DeFi) infrastructure at a time when the company's tokenization footprint and overall market adoption are each at an inflection point. I am pleased to join the Board to help guide its growth and develop the expanding pipeline of tokenization opportunities that this capable leadership team has established," said Edwards.

ETHZilla remains committed to regularly assessing its governance structure and refreshing its board as appropriate to support long term value creation and advance the interests of its shareholders.

**About ETHZilla**

ETHZilla Corporation (Nasdaq: ETHZ) is a technology company in the decentralized finance (DeFi) industry. ETHZilla seeks to connect financial institutions, businesses and organizations worldwide by enabling secure, accessible blockchain transactions through Ethereum network protocol implementations. It generates recurring revenues through various DeFi protocols that improve Ethereum network integrity and security. ETHZilla believes it has the unique capability to bring traditional assets on-chain via tokenization. Through its proprietary protocol implementations, ETHZilla facilitates DeFi transactions and asset digitization across multiple Layer 2 Ethereum networks. ETHZilla is working to offer tokenization solutions, DeFi protocol integration, blockchain analytics, traditional-to-digital asset conversion gateways, and other decentralized finance services. To learn more, visit ETHZilla.com.

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