Company: CBLO
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001882781-25-000042
Chunk: 1

Company: C2 Blockchain, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 1
---
ANCING ACTIVITIES

              Proceeds
    from the sale of common shares
    $
    1,675,000
     
    $
    -
  
              Cash
    received for shares not yet issued
     
    75,000

    -
  
              Proceeds
    from issuance of convertible notes
     
    217,000

    -

              Repayments
    on convertible notes
     
    (36,667)

    -

    Loan
    from related party
     
    -

    7,754
  
    Net
    cash provided by financing activities
     
    1,930,333

    7,754

    Net
    change in cash
    $
    148,093
     
    $
    (30)
  
    Beginning
    cash balance
     
    9

    30
  
    Ending
    cash balance
    $
    148,102
     
    $
    -

    SUPPLEMENTAL
    DISCLOSURE OF CASH FLOW INFORMATION: 

         Interest
    paid
    $
    -
     
    $
    -
  
         Income
    taxes paid
    $
    -
     
    $
    -

    SUPPLEMENTAL
    DISCLOSURE OF NONCASH FINANCING INFORMATION: 

         Derivative
    liability upon note issuance recorded as discount on notes
    $
    3,956
     
    $
    -

The
accompanying notes are an integral part of these unaudited financial statements.

F-4

Table
of Contents

C2
Blockchain, Inc.

Notes
to the Unaudited Financial Statements

Note
1 - Organization and Description of Business

C2 Blockchain, Inc. (“we,” “us,”
“our,” or the “Company”) was incorporated on June 30, 2021 in the State of Nevada.

On
June 30, 2021, Levi Jacobson was appointed Chief Executive Officer, Chief Financial Officer, and Director of C2 Blockchain, Inc.

The
Company is a development-stage blockchain infrastructure business engaged in cryptocurrency mining, digital asset treasury management,
and related technology initiatives. The Company is in the early stages of operations and faces substantial operational and financial
constraints that may impact the timing, scope, and execution of its planned activities.

The
Company has elected June