Company: CBLO
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001882781-25-000034
Chunk: 159

Company: C2 Blockchain, Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 8
Chunk 159
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 restricted common stock at a value of $0.01 per share, for total non-cash
consideration of $15,000, to Root Ventures LLC in exchange for investor relations and related services. The shares were issued as a consulting
fee.

The issuance
was made to an accredited investor in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act and Rule
506(b) of Regulation D promulgated thereunder. The shares were issued for bona fide services and not for fundraising purposes.

During
the year ended June 30, 2025, the Company sold an aggregate of 16,800,000 shares of common stock to eight investors pursuant to its qualified
Regulation A+ Tier II offering, for total proceeds of $168,000. In addition, the Company issued a total of 2,500,000 shares of restricted
common stock to two accredited investors in private placement transactions exempt from registration under Section 4(a)(2) of the Securities
Act of 1933, as amended, and Rule 506 of Regulation D promulgated thereunder, for aggregate proceeds of $55,000. Of these, 1,000,000
shares were sold at a purchase price of $0.04 per share for proceeds of $40,000, and 1,500,000 shares were sold at a purchase price of
$0.01 per share for proceeds of $15,000. The restricted shares are subject to transfer restrictions and bear appropriate restrictive
legends.

Shares
payable

During
the year ended June 30, 2025, the Company received funds totaling $50,000 from a prospective shareholder. As of June 30, 2025, the subscribed
shares had not yet been issued.

Note
11 - Related-Party Transactions 

Consulting
Fees

During
the year ended June 30, 2025, the Company paid $15,000 to Simple Simon Says LLC (“Consultant”) for consulting services. Simple
Simon Says LLC is controlled by the father of the Company’s sole officer and director, Levi Jacobson. Pursuant to the consulting
agreement, Consultant provided business development, strategic advisory, and consulting services to the Company from May 1, 2025, through
June 1, 2025. Consultant acted as an independent contractor and not as an employee or partner of the Company.

The
engagement of Consultant, as a related party transaction, was