secwatch.observer — SEC 8-K summary
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Issuer:     C2 Blockchain, Inc. (CBLO)
CIK:        0001882781
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001599916-25-000089
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C2 Blockchain enters three dilutive financings: QC Note, Coventry Note, $10M equity line
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1882781/000159991625000089/0001599916-25-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1882781/000159991625000089/form8k73025o.htm
  HTML page:      https://secwatch.observer/filing/0001599916-25-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer