Company: SNBH
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001731122-25-001574
Chunk: 95

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 2
Chunk 95
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 state, and municipal emergency agencies, NGOs, and commercial distributors. Products are engineered for
    extended shelf life, regulatory compliance, and rapid deployment.

    3.
    Wyoming
    Bears, Inc. (WYB), a 51%-owned subsidiary, is a California-based specialized brand manager and distributor of the Consumer Packaged
    Goods (CPG).

These
entities serve as the operational and commercial backbone of SNBH’s business model, allowing the Company to scale through strategic
asset acquisition and production partnerships. The Company intends to leverage its operating subsidiaries, brand equity, and licensing
relationships to enter additional product categories aligned with health, safety, and sustainability.

Strategic
Developments

On
April 10, 2025, the Company, through AIG F&B, closed a share exchange agreement with American Industrial Group (“AIG”),
pursuant to which AIG transferred select rights, assets, and business lines to AIG F&B in exchange for Acquisition Credits convertible
into shares of SNBH common stock under a performance-based earnout structure. These assets include proprietary beverage and first-aid
product formulations, manufacturing infrastructure, distribution relationships, and brand rights relevant to the Company’s future
enterprise.

19

On
July 5, 2025, the Company, through Aqua Emergency Nevada.(“AE NV”), closed a share exchange agreement with Aqua Emergency
Florida (“AE FL”), pursuant to which AE FL transferred select rights, assets, and business lines to AE NV in exchange for
Acquisition Credits convertible into shares of SNBH common stock under a performance-based earnout structure. These assets include proprietary
beverage and first-aid product formulations, manufacturing infrastructure, distribution relationships, and brand rights relevant to the
Company’s future roadmap.

On
September 30, 2025, with an effective date of October 1, 2025, the Company,
through Wyoming Bears, Inc., closed a share exchange agreement with Wyoming Bears, Inc. founders, pursuant to which founders transferred
select rights, assets, and business lines to Wyoming Bears, Inc. in exchange for Acquisition Credits convertible into shares of SNBH common
stock under a performance-based earnout structure. These assets include proprietary beverage and first-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,