Company: CBLO
Filing Date: 2025-07-03
Form Type: 8-K
Source: 0001599916-25-000080
Chunk: 1

Company: C2 Blockchain, Inc.
Filing Date: 2025-07-03
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01 Other Events.

On July 1, 2025, A. R. T. Digital Holdings Corp. (“ A. R. T. Digital”) entered into a non-binding Letter of Intent (the “ LOI”)
with C2 Blockchain, Inc. (the “ Company” or “ C2 Blockchain”) regarding a potential transaction pursuant to which
the Company would acquire a 20% equity interest in the “ McAllen Project,” a digital infrastructure project located in Texas
and owned by KBR TX02, LLC, a wholly owned subsidiary of A. R. T. Digital.

Under the terms contemplated by the LOI, the Company would acquire the 20% interest for a total purchase price of $1,000,000, which
may be paid in one or more tranches over a 90-day period, subject to extension upon notice. The proposed investment would be structured
as a direct equity interest in the Project's special purpose vehicle (SPV).

While the LOI reflects the current intentions of both parties, it is non-binding and subject to the negotiation and execution of definitive
agreement(s). Binding provisions of the LOI include certain confidentiality obligations, due diligence cooperation, and a 30-business-day
target to finalize the transaction.

There can be no assurance that a definitive agreement will be executed or that the proposed transaction will be completed on the terms
described or at all.

A full copy of the Letter of Intent, with certain personal information redacted, is attached herein as Exhibit 10.1.

Item
9.01 Financial Statements and Exhibits.