other material
confidence high
sentiment negative
materiality 0.70
C2 Blockchain sells 3M common at $0.01/sh; issues 4.5M Series A Preferred with 100 votes/sh to sole officer/director
C2 Blockchain, Inc.
- Sold 3,000,000 common shares at $0.01 per share for $30,000 to an accredited investor in a private placement.
- Issued 4,500,000 shares of Series A Preferred to sole officer/director Levi Jacobson on March 11, 2026.
- Each Series A Preferred share carries 100 votes per share and is convertible into 100 common shares.
- The preferred issuance concentrates voting power in the hands of a single individual, diluting existing common stockholders.