Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 0

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 0
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(a)
Business Development

Corporate
History and Business Summary

C2
Blockchain, Inc. (“CBLO” or the “Company”) was incorporated in the State of Nevada on June 30, 2021. On the same
date, Levi Jacobson was appointed as Chief Executive Officer, Chief Financial Officer, and sole Director.

On
March 31, 2022, the Company entered into an Agreement and Plan of Merger pursuant to a Nevada holding company reorganization under NRS
92A.180, 92A.200, 92A.230, and 92A.250 (the “Reorganization”). The constituent corporations involved were American Estate
Management Company (“AEMC” or “Predecessor”), C2 Blockchain, Inc. (“Successor” or “CBLO”),
and AEMC Merger Sub, Inc. (“Merger Sub”). The Company’s sole director was also the sole officer and director of each
constituent corporation.

Immediately
prior to the Reorganization, C2 Blockchain, Inc. issued 1,000 shares of its common stock to AEMC, and Merger Sub issued 1,000 shares
of its common stock to C2 Blockchain, Inc. As a result, C2 Blockchain, Inc. became a wholly owned direct subsidiary of AEMC, and Merger
Sub became a wholly owned direct subsidiary of C2 Blockchain, Inc.

On
March 31, 2022, Merger Sub filed Articles of Merger with the Nevada Secretary of State, with the merger becoming effective on April 1,
2022, at 4:00 p.m. PST (the “Effective Time”). At the Effective Time, AEMC merged with and into Merger Sub, with AEMC surviving.
Each share of AEMC common stock issued and outstanding immediately prior to the merger was converted into one validly issued, fully paid,
and non-assessable share of C2 Blockchain, Inc.’s common stock.

On
April 1, 2022, the Company transmuted its business plan from that of a blank check shell company to a business combination related shell
company with a holding company formation pursuant to a reorganization with American Estate Management Company. 

Following
the Reorganization, on April 1, 2022, the Company cancelled all of the stock it held in AEMC, resulting in AEMC becoming a stand-alone
entity. Under the holding company merger agreement, all