Company: SNBH
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001731122-25-001574
Chunk: 67

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 8
Chunk 67
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 months after the date of issue. At the note holder’s sole election on the maturity date, the
note holder may convert the interest accrued on the note into shares of common stock of the Company at $0.05 per share. Accrued
interest on these notes totaled $129,427 at December 31, 2024. On March 11, 2025, the lender converted 100% of the debt and all of the
accrued interest into 10,467,460 shares of the Company’s common stock. See Note 6.

    14

During
May 2024, the Company received proceeds of $11,500 from an investor. The note matures on the earlier of (i) the closing of the Company’s
next equity financing, or (ii) six months after the date of issue. At the note holder’s sole election on the maturity date, the
note holder may convert the interest accrued on the note into shares of common stock of the Company at $0.05 per share. Accrued
interest on this note totaled $1,357 at December 31, 2024. During the first quarter of 2025, the lender converted 100% of the debt and
all of the accrued interest into 247,250 shares of the Company’s common stock. The common shares were issued April 3, 2025. See
Note 8.

For the three and nine month periods ended September
30, 2025, certain parties made payments on behalf of the Company to vendors totaling $14,375.

NOTE
6. ACQUISITION CREDITS

On
May 12, 2025, the Company, through its wholly owned subsidiary AIG F&B, acquired Assets totaling $595,441 from American Industrial
Group, Inc. In consideration for the assets received, Sentient Brands Holdings, Inc. issued $595,440 of Acquisition Credits.

On September 30, 2025, the Company, through its 51%-owned subsidiary Aqua Emergency, Inc.(NV), acquired Assets totaling $1,905,272.28.
from Aqua Emergency, Inc.(FL). In consideration for the assets received, Aqua Emergency, Inc.(FL) Sentient Brands Holdings, Inc. issued
$1,905,272.28 of Acquisition Credits.

On
September 30th, 2025, the Company issued $140,000.00 of Acquisition Credits to a service provider for legal services provided