Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 386

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 4
Chunk 386
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 the Exchange Agreement and large shareholders of the Company (collectively,
the “Lockup Parties”) entered into  lock-up leak-out agreements, which govern the manner in which such Lockup Parties may
sell, transfer or dispose of their shares of common stock during the 21-month period following the Closing.

Changes to Management

Concurrently with the Closing of the Exchange Agreement, Dante Jones resigned
as an executive officer and director of the Company; George Furlan was appointed as chief executive officer, president and chief financial
officer of the Company, and as a non-independent director of the company. Eric Bruns and Dionne Pendelton were appointed as independent
directors of the Company. The contracting parties agreed to indemnify each other for any losses that may be incurred by them as a result
of their breach of any of their representations, warranties and covenants contained in the Exchange Agreement.

    F-14

Equity  Issuances in 2025

On February 6, 2025, the Company issued 3,000,000
shares of its common stock to two individual for consulting services.

On February 11, 2025, the Company issued 3,680,000
shares of its common stock to George Furlan as a bonus related to the merger.

On February 11, 2025, the Company issued 1,700,000
shares of its common stock to James Mansour in full settlement of his amount due for past services. See Note 8.

On February 20, 2025, the Company issued 3,272,031
shares of its common stock to satisfy the previous conversion of debt. See Note 5.

On February 26, 2025, the Company issued 15,507,121
shares of its common stock to Pure Energy in exchange for the cancellation of all debt and related accrued interest. See Note 5.

On February 27, 2025, the Company issued 1,540,000
shares of its common stock to Grace Court Advisors as a bonus related to the merger.

On March 11, 2025, the Company issued 2,000,000 shares
of its common stock to George Furlan as a bonus related to merger services.

On March 11, 2025, the Company issued 1,000,000 shares
of its common stock to a service provider for services.

On March 11, 2025, the Company issued 10