Company: SNBH
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001731122-25-001154
Chunk: 44

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 44
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-aid product formulations, manufacturing infrastructure, distribution relationships,
and brand rights relevant to the Company’s future roadmap.

The consideration structure is performance-contingent and subject to regulatory
holding periods, lock-up agreements, and earnout milestones tied to revenue, EBITDA, and appraised asset value. The Acquisition Credits
may be converted to equity upon the achievement of defined benchmarks over a multi-year horizon.

This transaction significantly enhances the Company’s balance sheet
and operating capacity, supporting its ability to develop new revenue-generating products and pursue future acquisitions aligned with
its mission.

The Company’s leadership team brings experience from global consumer
brands and retailers, including Original New York Seltzer, Disney, Hugo Boss, Victoria’s Secret, Versace, Bath & Body Works,
and Walmart. Leveraging this expertise, through its partnership with American Industrial Group, SNBH is positioned to capitalize on strategic
sourcing, the ability to manufacture locally with a global footprint, and global distribution networks across omnichannel platforms for
high-growth, high-margin brands, while maintaining cash-flow positive operations at all subsidiaries. The Company continues to execute
its 24-month acquisition pipeline and to seek growth through synergistic acquisitions, innovation in consumer packaged goods, in food,
beverage, pet-care, healthcare, and emergency markets, as well as strategic brand partnerships. Management believes these initiatives,
supported by scalable operations and established institutional relationships, will enable sustainable value creation for shareholders.

    5 

On December 9, 2020, the Company filed a Certificate
of Amendment of Articles of Incorporation (the “Certificate”) with the State of California to (i) effect a forward stock split
of its outstanding shares of common stock at a ratio of 7 for 1 (7:1) (the “Forward Stock Split”), (ii) increase the number
of authorized shares of common stock from 50,000,000 shares to 500,000,000 shares, and (iii) effectuate a name change (the “Name
Change”). Fractional shares that resulted from the Forward Stock Split will be rounded up to the next highest number. As a result
of the Name Change, the Company’s name changed from “Intelligent Buying, Inc.” to “Sentient Brands Holdings Inc.”.
The Certificate was approved by the majority of the Company’s shareholders and by the Board of Directors of the Company. The effective
date of the Forward Stock Split and the Name Change was March 2, 2021.

In connection with