C2 Blockchain, Inc. (CBLO): debt financing — C2 Blockchain enters three dilutive financings: QC Note, Coventry Note, $10M equity line

C2 Blockchain, Inc.

Quick Capital convertible note of $55,555 (net $47,000) at 12% OID and variable conversion at 65% of lowest 20-day trading price.
Coventry Enterprises promissory note of $200,000 (net $170,000) with 12 monthly payments, plus 10M commitment shares (5M returnable).
Equity line up to $10M over 36 months; shares sold at 80% of lowest 20-day price; 5M commitment shares issued as inducement.
All securities issued in private placements under Section 4(a)(2) and Rule 506(b); registration rights for resale required.
Potential dilution from warrants (2.78M shares at $0.02) and reservation of 30M shares for Coventry Note conversion on default.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

C2 Blockchain, Inc. incurred convertible notes of $55,555.56 with Quick Capital, LLC at one-time guaranteed interest charge of $6,666.67 (equivalent to 12%) maturing April 22, 2026.

Instrument: convertible notes
Principal: $55,555.56
Counterparty: Quick Capital, LLC
Rate: one-time guaranteed interest charge of $6,666.67 (equivalent to 12%)
Maturity: April 22, 2026
Event: incurrence

Exact text from the filing

On July 22, 2025, the Company entered into a Note Purchase Agreement (the “Purchase Agreement”) with Quick Capital, LLC, a Wyoming limited liability company (“QC”), pursuant to which the Company issued a convertible promissory note in the principal amount of $55,555.56 (the “QC Note”).

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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

C2 Blockchain, Inc. incurred loan of $200,000.00 with Coventry Enterprises LLC maturing July 22, 2026.

Instrument: loan
Principal: $200,000.00
Counterparty: Coventry Enterprises LLC
Maturity: July 22, 2026
Event: incurrence

Exact text from the filing

On July 22, 2025, the Company entered into a Securities Purchase Agreement with Coventry Enterprises LLC, a Delaware limited liability company (“Coventry”), pursuant to which the Company issued a promissory note in the principal amount of $200,000.00 (the “Coventry Note”).

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10 debt financings filed in the last 30 days. Browse all debt financings →

C2 Blockchain, Inc. filing history →

Source: SEC EDGAR

accession 0001599916-25-000089

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