# EDGAR Filing Document

**Accession Number:** 0000823546
**File Stem:** 0001493152-25-025369
**Filing Date:** 2025-11
**Character Count:** 22465
**Document Hash:** d3a3a81fe3d301641bb643af0105df69
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-025369.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0001493152-25-025369

**CONFORMED SUBMISSION TYPE**: 8-K/A

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20251128

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ROCKETFUEL BLOCKCHAIN, INC.
- **CENTRAL INDEX KEY:** 0000823546
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 901188745
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 033-17773-NY
- **FILM NUMBER:** 251535487

**BUSINESS ADDRESS:**
- **STREET 1:** 3651 LINDELL ROAD, SUITE D565
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89103
- **BUSINESS PHONE:** 424-256-8560

**MAIL ADDRESS:**
- **STREET 1:** 3651 LINDELL ROAD, SUITE D565
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** B4MC GOLD MINES INC
- **DATE OF NAME CHANGE:** 20131115

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HEAVENLY HOT DOGS INC
- **DATE OF NAME CHANGE:** 20100504

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HEAVENLY HOT DOGS INC /
- **DATE OF NAME CHANGE:** 20011115

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**Amendment No. 1 to**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**Of the Securities Exchange Act of 1934**

**November 28, 2025 (November 28, 2025)**

Date of report (date of earliest event reported)

---

| |
|:---|
| **RocketFuel Blockchain, Inc.** |
| (Exact Name of Registrant as Specified in Charter) |

---

<u>Nevada</u> <u>Commission File No. 033-17773-NY</u> <u>90-1188745</u> <br> (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

201 Spear Street, Suite 1100, San Francisco, CA 94105

(Address of Principal Executive Offices)

(424) 256-8560

(Registrant's Telephone Number)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of Each Class | Trading Symbol(s) | Name of each exchange on which registered |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

Effective November 28, 2025, Bennett J. Yankowitz resigned from the board of directors of RocketFuel Blockchain, Inc. (the "Company") and its wholly owned subsidiaries, RocketFuel Blockchain Company and RocketFuel Blockchain A/S. He also resigned all offices, including chief financial officer, with the Company and its subsidiaries. A copy of Mr. Yankowitz's letter of resignation is attached to this Report as Exhibit 17.1.

Effective June 1, 2025, the Company and Mr. Yankowitz agreed for Mr. Yankowitz to serve on the Company's advisory board. A copy of the Board of Advisors Agreement is attached to this Report as Exhibit 17.2. As compensation Mr. Yankowitz received a grant of options to purchase 100,000 shares of our common stock. The options were issued under our 2018 Stock Incentive Plan (the "Plan"). The options are (i) incentive stock options, (ii) have an exercise price equal to the fair market value per share of our common stock on June 11, 2025, (iii) have a term of 10 years, (iv) vest and become exercisable as to 25% of the shares subject to the options on June 11, 2025 and 1.596% of the shares subject to the options on the 11th day of each calendar month during the term of his agreement, commencing on July 11, 2025, (v) be subject to the exercise, forfeiture and termination provisions set forth in the Plan and (vi) otherwise be evidenced by and subject to the terms of our standard form of stock option agreement. Upon a Change in Control of the Company (as defined in the Plan), all unvested options shall immediately vest.

On June 11, 2025, our chief financial officer, Peter M. Jensen, received a grant of options to purchase 3,360,489 shares of our common stock. The options were issued under the Plan. The options are (i) be incentive stock options, (ii) have an exercise price equal to the fair market value per share of our common stock on June 11, 2025, (iii) have a term of 10 years, (iv) vest and become exercisable as to 25% of the shares subject to the options on June 11, 2025 and 1.596% of the shares subject to the options on the 11th day of each calendar month during the term of his agreement, commencing on July 11, 2025, (v) be subject to the exercise, forfeiture and termination provisions set forth in the Plan and (vi) otherwise be evidenced by and subject to the terms of our standard form of stock option agreement. Upon a Change in Control of the Company (as defined in the Plan), all unvested options shall immediately vest.

**Item 8.01 Other Events**

On June 11, 2025, our board of directors amended the Plan to increase the number of shares available for grant from 8,000,000 to 11,000,000. The board also directed that the amendment be submitted to our stockholders for approval.

**Item 9.01 Financial Statements and Exhibits**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(d) Exhibits.**

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| 10.1 | [Amendment No. 4 to 2018 Stock Option Plan](ex10-1.htm) |
| 17.1 | [Resignation Letter from Bennett J. Yankowitz](ex17-1.htm) |
| 17.2 | [Board of Advisors Agreement between the Company and Bennett J. Yankowitz](ex17-2.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
| Dated: November 28, 2025 | **RocketFuel Blockchain, Inc.** | **RocketFuel Blockchain, Inc.** |
|  | By: | */s/ Bennett J. Yankowitz* |
|  |  | Bennett J. Yankowitz |
|  |  | *Chief Financial Officer* |

---

## Exhibit 10.1

**Exhibit 10.1**

**AMENDMENT NO. 4 TO**

**ROCKETFUEL BLOCKCHAIN, INC.**

**2018 STOCK INCENTIVE PLAN**

This Amendment No. 1 (this "*Amendment*") amends the 2018 Stock Incentive Plan (the "*Plan*") of RocketFuel Blockchain, Inc., a Nevada corporation (the "*Company*").

&nbsp;&nbsp;&nbsp;&nbsp;***1.***  ***Defined Terms.*** Unless otherwise defined in this Amendment, capitalized terms have the meanings
 set forth in the Plan.

&nbsp;&nbsp;&nbsp;&nbsp;***2.***  ***Increase in Number of Shares subject to the Plan*.** Section 3(a) of the Plan is amended to read
 as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(a) Maximum Number of Shares*. Subject to the provisions of Section 11(a) below, the maximum aggregate number of Shares that may be issued in connection with all Awards (including Incentive Stock Options) is 11,000,000 Shares. The Shares may be authorized but unissued, or reacquired Common Stock or treasury shares.

&nbsp;&nbsp;&nbsp;&nbsp;***3.***  ***Continuation.* Except as set forth in this Amendment, the provisions of the Plan shall remain in full force and effect.** 

The undersigned Secretary certifies that the foregoing sets forth Amendment No. 4 to the RocketFuel Blockchain, Inc. 2018 Stock Incentive Plan as duly adopted by the Board as of June 11, 2025.

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| | |
|:---|:---|
| Dated: June 11, 2025 | <u>/s/ Bennett J. Yankowitz</u> |
|  | Bennett J. Yankowitz, Secretary |

---

## Exhibit 17.1

**Exhibit 17.1**

Bennett J. Yankowitz

RocketFuel Blockchain, Inc.

201 Spear Street, Suite 1100

San Francisco, CA 94105

November 28, 2025

Gentlemen"

I hereby resign, effective this date, (i) as a member of the board of directors of of RocketFuel Blockchain, Inc. (the "Company") and its wholly owned subsidiaries, RocketFuel Blockchain Company and RocketFuel Blockchain A/S and (ii) as an officer, including chief financial officer, of the Company and its subsidiaries.

---

| |
|:---|
| Sincerely, |
| */s/Bennett J. Yanowitz* |
| Bennett J. Yankowitz |

---

## Exhibit 17.2

**Exhibit 17.2**

**RocketFuel Blockchain, Inc.**

**Board of Advisors Agreement**

June 1, 2025

Bennett J. Yankowitz

280 South Beverly Dr., Suite 505

Beverly Hills, CA 90212

Re: *Terms of Membership on the Board of Advisors*

Dear Ben:

**RocketFuel Blockchain, Inc.**, a Nevada corporation (the "*Company*"), is pleased to confirm your appointment to the Company's Board of Advisors, and wishes to set forth the terms of your membership.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. *Appointment and Acceptance; Term*. You have been appointed by the Board of Directors of the Company to, and agree to serve as a member of, the Board of Advisors of the Company. You service shall immediately terminate on your death or resignation. Either you or the Company may terminate your membership on not less than 30 days' written notice to the other.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. *Services*.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) You agree to use your reasonable best efforts to provide the following services (the "*Services*"): (i) attend scheduled meetings of the Company's Board of Advisors and (ii) from time to time advise management and the Board of Directors on strategy, tactics, planning and other topics and issues related to the operation of the Company. The Company acknowledges that you shall not be responsible for nor have any direct or indirect control or management function solely by reason of your serving on the Board of Advisors. No other person or entity may perform any of these Services for or instead of you.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Company acknowledges that you may be employed by another company, may serve on other boards of advisors or directors, and may engage in any other business activity (whether or not pursued for pecuniary advantage), as long as such outside activities do not preclude your ability to serve under this agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) You represent that, to the best of your knowledge, there are no outstanding agreements or obligations that are in conflict with any of the provisions of this agreement, and you agree to use your best efforts to avoid or minimize any such conflict and agree not to enter into any agreement or obligation that could create such a conflict, without the approval of the Company's CEO or a majority of the Board of Directors. If, at any time, you are required to make any disclosure or take any action that may conflict with any of the provisions of this agreement, you shall promptly notify the CEO or the board of such obligation, prior to making such disclosure or taking such action.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Except as set forth in Section 2(b), you will not engage in any activity that creates an actual conflict of interest with the Company or serve in similar capacity to a direct competitor to the Corporation. Regardless of whether such activity is specifically prohibited by the Company's conflict of interest guidelines or this agreement, and you agree to notify the Board of Directors before engaging in any activity that creates a potential conflict of interest with the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. *Term*. This agreement shall commence as June 1, 2025, and shall continue so long as you remain a member of the Board of Advisors of the Company. However, the indemnity provisions of this agreement shall apply to any claims or expenses made for acts committed while you were on the Board of Advisors of the Company, even though you may no longer serve in that capacity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. *Compensation*. In consideration of the Services to be rendered under this Agreement, the Company agrees to grant you options to purchase 100,000 shares of Corporation's common stock (the "Option Shares"), at an exercise price of $0.01 per share (the "Options"), which shall expire ten years from the date of this agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) The Options shall be issued as Incentive Stock Options under, and be otherwise subject to the terms and conditions of, the Company's 2018 Stock Incentive Plan (the "Plan") and the Company's standard Stock Option Agreement, as modified by this agreement. During the term of this agreement, you may be granted additional stock options or other equity rights, as determined by Corporation's Compensation Committee, in its sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (b) The Options shall be fully vested on the date of grant.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c) When the Options expire, any unexercised Options can no longer be exercised in whole or in part.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. *Meetings*. The Board of Advisors requires you to attend either one (1) hour per month or three (3) hours per quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. *Expenses*. You shall be entitled to receive reimbursement for reasonable expenses that are incurred by you and that are necessary for the performance of your duties to the Company. Expenses may be reimbursed by the Company on presentation of an invoice or voucher indicating the amount of the expense, the nature of the expense and the business purposes involved. The expenses anticipated include (i) transportation costs, including one round-trip business class airline ticket, between your home and the location of any meeting of the advisory board, stockholders or committee that you are required to attend, (ii) lodging expenses and a U.S. $500.00 per diem to cover meals and other incidental expenses of attending meetings, and (iii) reasonable telephone costs, postage and photocopy charges. The Company may advance to you the anticipated expenses for attending any meeting. Unless otherwise agreed to in advance by the Company, the Company will book and pay directly the charges for your airline tickets and hotel room.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. *Indemnity*. The Company agrees to indemnify you and hold you harmless for any acts or decisions made by you in good faith while performing Services for the Company. The Company agrees to provide to you the full amount of indemnification which is now or subsequently authorized by law. However, the Company shall not be required to indemnify you for any acts or decisions where indemnification would be prohibited by law. The Company shall advance or reimburse reasonable expenses and attorney's fees to you in any proceeding in which you are named a party. This agreement shall not limit any other indemnification that may be granted to you by the Certificate of Incorporation, bylaws or corporate resolutions of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. *D&O Insurance*. The Company agrees that it will use its best efforts to obtain and maintain in effect directors and officers' liability insurance at a reasonable cost, which shall include coverage for you, so as to protect the directors of the Company against claims and expenses from potential lawsuits. The Company's obligation to indemnify you under Section 7 shall not, however, be reduced or limited, irrespective of whether the Company has obtained such insurance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. *Consulting Services*. The Company may desire to retain you as a third-party consultant to perform consultancy and advisory services above and beyond those services and functions relating to your advisory board functions and responsibilities relating to specific projects as determined by management and/or the Board of Directors. All fees and expenses relating to such consultancy engagements shall be compensated according to reasonable and acceptable standards of the industry.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10. *Biographical Information*. Within 15 days of the date of this agreement, you shall provide the Company with (i) a complete curriculum vitae and (i) a condensed business biography of two to three paragraphs. You consent to the Company providing copies thereof to its investors, customers, vendors, agents, consultants and others in connection with the Company's business.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11. *Proprietary Information*. You shall maintain in confidence and shall not, directly or indirectly, disclose or use, either during or after the term of this agreement, any Proprietary Information (as defined below), confidential information or trade secrets belonging to the Company, whether or not it is in written or permanent form, except to the extent necessary to perform the Services, as required by a lawful government order or subpoena, or as authorized in writing by the Company. These nondisclosure obligations also apply to Proprietary Information belonging to customers and suppliers of the Company and other third parties learned by you as a result of performing the Services. "*Proprietary Information*" means all information pertaining in any manner to the business of the Company, unless: (i) the information is or becomes publicly known through lawful means or is required to be disclosed to any court or governmental authority; (ii) the information was part of your general knowledge prior to your relationship with the Company; or (iii) the information is disclosed to you without restriction by a third party who rightfully possesses the information and did not learn of it from the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12. *Notices*. Any notice, demand or request that is made pursuant to this agreement shall be made in writing and shall be deemed to have been given at the time when sent by email to the following address or when mailed by airmail, postage prepaid, addressed as follows:

If to you, at the address set forth above, or by email to <u>bjy@yankowitzlaw.com</u>.

If to the Company, to:

RocketFuel Blockchain Company

201 Spear Street, Suite 1100

San Francisco, CA 94105

Attn: Peter M. Jensen

Email: <u>p.jensen@rocketfuel.inc</u>

You or the Company may change the address or facsimile number given in this Section 12 by sending proper notice to the address shown.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13. S*uccessors and Assigns*. This agreement shall be binding on and inure to the benefit of the Company, its successors and assigns, including, without limitation, any other corporation, entity or individual that may acquire all or substantially all of the Company's assets, stock or business, or into which the Company may be merged or consolidated. This agreement shall be binding on and inure to the benefit of you and your heirs and legal representatives.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14. *Applicable Law*. This agreement shall be governed by and construed in accordance with the laws of the State of Nevada.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15. *Severability*. If any provision of this agreement is determined to be unenforceable, it shall not affect the remainder of the agreement, and any such unenforceable provision shall be severed from the agreement and stricken.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16. *Amendment*. This agreement may not be amended orally, but only in writing signed by each of the parties to this agreement.

If you agree to the foregoing, please so indicate by signing and returning to the Company a copy of this agreement.

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| | |
|:---|:---|
|  | Sincerely, |
|  | Peter M. Jensen, CEO |
| AGREED TO AND ACCEPTED: |  |
| Bennett J. Yankowitz |  |

---