other_material
confidence high
sentiment neutral
materiality 0.50
C2 Blockchain issues 17.5M shares in two private placements, raising $350k gross proceeds
C2 Blockchain, Inc.
- On July 15, 2025, issued 5,000,000 restricted shares at $0.02/share for gross proceeds of $100,000 to an accredited investor.
- On July 29, 2025, issued 12,500,000 restricted shares at $0.02/share for expected net proceeds of $250,000.
- Both transactions exempt under Section 4(a)(2) and Rule 506(b) of Regulation D; no underwriting fees paid.
- Proceeds will be used for general corporate purposes and working capital; investor granted piggyback registration rights.
item 3.02item 9.01