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.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

C2 Blockchain, Inc. issued 45,000,000 restricted shares of common stock to Mendel Holdings, LLC for in full satisfaction of all services rendered.

Security: common stock
Shares: 45,000,000 restricted shares
Purchaser: Mendel Holdings, LLC
Consideration: in full satisfaction of all services rendered

Exact text from the filing

the Board executed a unanimous written consent ratifying and correcting the prior authorization to reflect the issuance of 45,000,000 restricted shares of the Company’s common stock, par value $0.001 per share, to Mendel Holdings in full satisfaction of all services rendered.

View on SEC.gov

Browse all equity issuances →

C2 Blockchain, Inc. filing history →

Source: SEC EDGAR

accession 0001882781-26-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.