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

Company: C2 Blockchain, Inc.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 11
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 $616,635.

Note
10 - Shareholder Equity

Preferred
Stock

The
authorized preferred stock of the Company consists of 20,000,000 shares with a par value of $0.001. There were no shares issued and outstanding
as of September 30, 2025, and June 30, 2025.

Common
Stock

The
authorized common stock of the Company consists of 500,000,000
shares with a par value of $0.001. There were 393,319,338 and 274,736,005 shares of common stock issued and outstanding as of September
30, 2025 and June 30, 2025, respectively.

During
the period ended September 30, 2025, the Company sold an aggregate of 10,000,000 shares to an investor pursuant to its qualified Regulation
A+ Tier II offering, for total proceeds of $100,000. In addition, the Company issued a total of 98,583,333 shares of restricted common
stock to 13 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 $1,665,000. Of these, 3,333 shares
were sold at a purchase price of $0.03 per share for proceeds of $100,000, 42,750,000 shares were sold at a purchase price of $0.02 per
share for proceeds of $855,000, 34,000,000 shares were sold at a purchase price of $0.01 for total proceeds of $340,000 and 12,500,000
shares were sold at a purchase price of $.008 for proceeds of $100,000. The restricted shares are subject to transfer restrictions and
bear appropriate restrictive legends.

During
the period ended September 30, 2025, the Company issued 5,000,000 shares of common stock to Coventry as commitment shares related to
the note payable to Coventry (see Note 9). These shares are to be held as a loan guaranty by Coventry until the loan is paid in full,
when the shares will be returned to the Company,

On
or about April 10, 2025, the Company issued 1,500,000 shares of restricted common stock at a value of $0.