Monitor future filings for changes in ownership structure or equity issuances. The cancellation reduces potential dilution but does not affect cash position. Given the insider nature of the transaction, watch for subsequent equity activity by the controlling shareholder.
Price Chart
Executive Summary
C2 Blockchain, Inc. canceled 245 million shares previously issued to Mendel Holdings LLC, an entity controlled by its CEO and sole director Levi Jacobson. The shares were returned to authorized but unissued status with no consideration paid by the company.
Key Facts
- 245,000,000 shares of common stock were rescinded and canceled
- Shares were previously issued to Mendel Holdings LLC, controlled by CEO Levi Jacobson
- Shares returned to authorized but unissued status
- No consideration paid by the company for cancellation
- Levi Jacobson is the company's sole officer, director, and controlling shareholder
Financial Impact
245,000,000 shares canceled, reducing outstanding shares
Risk Factors
- Potential perception of insider control and lack of independent governance
- Future share issuances could reintroduce dilution
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001882781-26-000026 |
| Document: 0001882781-26-000026-index-headers.html | 0001882781-26-000026 |
| Document: 0001882781-26-000026-index.html | 0001882781-26-000026 |
| Document: 0001882781-26-000026.txt | 0001882781-26-000026 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 27d ago | NT 10-K | $0.0250 $0.0370 | ▼ −48.00% | ▼ −46.05% | $0.0298 (−19.20%) |
Jun 2, 2026 20w ago | 8-K | $0.0600 $0.0600 | · 0.00% | ▼ −2.96% | $0.0298 (+50.33%) |
May 5, 2026 24w ago | 8-K | $0.0600 $0.0600 | · 0.00% | ▲ +1.98% | $0.0298 (+50.33%) |
Apr 17, 2026 27w ago | 8-K | $0.0600 $0.0700 | ▲ +16.67% | ▲ +16.11% | $0.0298 (−50.33%) |
US Market Status
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