Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 417

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 417
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 to the previously
recorded impairment expense of $(12,668). While this realized loss has not been audited or reviewed and may ultimately differ, it is
expected to be in line with that amount. The proceeds were used to acquire DOG Coins, a Bitcoin-native token built on the Runes protocol
that enables the issuance of new digital assets directly on the Bitcoin blockchain. Future realized losses may be greater should the
value of DOG Coins or other digital assets decline. We expect to continue incurring operating losses as we pursue our business objectives,
and we may never achieve profitability.

We
will need to raise additional capital in the future, and we may not be able to obtain financing on favorable terms or at all.

Our
business plan requires substantial additional capital for site acquisition, mining equipment purchases, and operating expenses. We expect
to rely on future debt or equity financing to fund our operations. There can be no assurance that additional financing will be available
to us on favorable terms or at all. If we cannot obtain financing, we may have to delay, scale back, or abandon some or all of our planned
activities.

We may, and
plan to, issue additional shares of common stock or other securities in the future, which could substantially dilute existing stockholders
and adversely affect the market price of our common stock.

We have historically
issued, and intend to continue issuing, large numbers of shares of our common stock, both restricted and freely transferable, in connection
with private placements, equity financing, or other corporate purposes. Any such issuances could significantly dilute the ownership interests
of existing stockholders and may reduce the value of your investment. Investors who purchase shares may experience substantial dilution,
and in extreme cases, could lose some or all of their investment. There can be no assurance that future issuances will not depress the
market price of our common stock or make it more difficult to sell shares at favorable prices.

We
have limited cash reserves, which may impair our ability to meet operating needs.

As
of June 30, 2025, our balance of cash and cash equivalents was only $9. This limited liquidity increases the Company’s dependence
on external financing to fund operations, and there can be no assurance that such financing will be available on favorable terms or at
all. 

Liquidity
may depend on selling cryptocurrency holdings at favorable prices.

The
Company may need to sell digital assets to generate cash. If cryptocurrency markets decline, become illiquid, or trading is