C2 Blockchain issues 45M restricted shares to Mendel Holdings; regains ~53.8% voting control

C2 Blockchain, Inc.

Board ratified issuance of 45,000,000 restricted shares to Mendel Holdings, entity controlled by sole officer/director Levi Jacobson, for services rendered.
Issuance results in Mendel Holdings and Jacobson beneficially owning ~53.8% of outstanding common stock, regaining voting control.
Offering was led by one of Company's largest stockholders and several new institutional investors, generating $36M gross proceeds.
No changes to officers or Board of Directors occurred in connection with the transaction.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.