other_material
confidence high
sentiment neutral
materiality 0.50
C2 Blockchain issues 12.5M shares at $0.02 each for $250,000 gross proceeds in private placement
C2 Blockchain, Inc.
- On August 19, 2025, C2 Blockchain entered a subscription agreement with an accredited investor to issue 12,500,000 restricted common shares at $0.02 per share.
- Gross proceeds from the private placement total $250,000, with no underwriting discounts, commissions, or placement agent fees.
- The investor represented acquisition for investment purposes; shares are subject to transfer restrictions and bear a restrictive legend.
- Proceeds are intended for general corporate purposes and working capital.
- The issuance relies on exemptions under Section 4(a)(2) and Rule 506(b) of Regulation D.
item 3.02item 9.01