Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 182

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 3
Chunk 182
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. On or about August 25, 2025, the Company
issued (i) 500,000 shares at $0.02 per share for total proceeds of $10,000, (ii) 10,000,000 shares at $0.01 per share for total proceeds
of $100,000, and (iii) 4,000,000 shares at $0.01 per share for total proceeds of $40,000.

Quick
Capital, LLC Note Purchase Agreement and Convertible Promissory Note

On
July 22, 2025, the Company entered into a Note Purchase Agreement (the “Purchase Agreement”) with Quick Capital, LLC, a Wyoming
limited liability company (“QC”), pursuant to which the Company issued a convertible promissory note in the principal amount
of $55,555.56 (the “QC Note”).

The
QC Note carries a one-time guaranteed interest charge of $6,666.67 (equivalent to 12%), includes an original issue discount of $5,555.56,
and allocates $3,000.00 for QC’s legal fees, resulting in net proceeds to the Company of $47,000.00.

The
QC Note matures on or about April 22, 2026 (nine months after the issue date) and is convertible at QC’s option into shares of
the Company’s common stock at a conversion price selected by QC, which may be either:

-A
fixed conversion price of $0.01, or 

-65%
of the lowest trading price of the Company’s common stock during the 20 trading days prior to conversion (the “Variable Conversion
Price”).

The
Company shall include on any registration and/or offering statement subsequently filed with the SEC, including without limitation any
offering statement on Form 1-A, all Conversion Shares and all Warrant Shares for resale by Quick Capital, LLC (the “Buyer”).
In addition to all other remedies available at law, in equity, or under this Agreement or any other Transaction Documents, failure to
comply with this obligation shall result in liquidated damages of $20,000.00 being immediately due and payable to the Buyer, at the Buyer’s
election, in the form of a cash payment.

In
the event of default, the QC Note accrues interest at a rate of 24% per annum or the maximum rate permitted by law, whichever is less.
The QC Note also contains standard adjustments for stock splits