Company: SNBH
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001731122-25-001154
Chunk: 41

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 the cancellation of all debt and related accrued interest. See Note 5.
     
    On April 3, 2025, the Company issued 1,032,465 shares
    of its common stock to an individual in exchange for the cancellation of all debt and related accrued interest. See Note 5.

27 

On April 15, 2025, the Company issued 300,000 shares
to a consultant for management services.

On April 16, 2025, the Company issued 2,000,000 shares
to a service provider for services provided related to the merger with AIG.

On April 17, 2025, the Company issued 430,000 shares
to a consultant for management services.

On April 28, 2025 the Company sold 600,000 shares
of its common stock to an investor for $30,000. As of the date of this filing, the shares have not yet been issued.

The offers, sales, and issuances of the securities
described above were deemed to be exempt from registration under the Securities Act in reliance on Section 4(a)(2) of the Securities Act
of 1933, as amended and/or Rule 506 as promulgated under Regulation D as transactions by an issuer not involving a public offering. The
recipients of securities in each of these transactions acquired the securities for investment only and not with a view to or for sale
in connection with any distribution thereof and appropriate legends were affixed to the securities issued in these transactions. Each
of the recipients of securities in these transactions was an accredited or sophisticated person and had adequate access, through employment,
business or other relationships, to information about us.

The Company claims an exemption from the registration
requirements of the Securities Act of 1933 (the “Securities Act”) for the issuances of the above securities pursuant to Section
4(a)(2) of the Securities Act and/or Rule 506 of Regulation D promulgated under the Securities Act. The investors in these securities
are accredited investors as defined in Rule 501 of Regulation D promulgated under the Securities Act. As of the date hereof, the Company
is obligated on the above notes issued to the investor. The above notes are a debt obligation arising other than in the ordinary course
of business which constitute a direct financial obligation of the Company.

The foregoing information is a summary of each of
the agreements involved in the transaction described above, is not complete, and is qualified