Sentient Brands Holdings Amends Share Exchange Agreement, Extends Closing Date and Modifies Terms

SENTIENT BRANDS HOLDINGS INC.

SNBH entered MOU on March 28, 2025 to amend Share Exchange Agreement with American Industrial Group, extending Closing Date to April 10, 2025.
Subsidiary AIG F&B will acquire assets from AIG in exchange for Acquisition Credits convertible into SNBH common stock based on earnout schedule.
CEO Dante Jones resigns; George Furlan appointed interim CEO, CFO, president, and director; Eric Bruns and Dionne Pendelton as independent directors.
Acquisition Credits issued quarterly over 5 years based on revenue growth, EBITDA growth, or appraised asset value, with conversion after 6-month hold.
Legacy shareholders subject to lock-up; AC holders have conversion rights with volume-weighted average pricing.

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