Apr. 16 at 6:28 PM
$CBLO MIAMI BEACH, FL / ACCESS Newswire / April 16, 2026 / C2 Blockchain, Inc. (OTCID:CBLO), a blockchain infrastructure and digital asset treasury company, today announced the completion of the rescission and cancellation of 245,000,000 shares of its common stock, which have been returned to the Company's treasury.
The cancellation was completed pursuant to resolutions approved by the Company's Board of Directors and processed through the Company's transfer agent.
Significant Reduction in Outstanding Shares
As a result of this completed action, the Company's issued and outstanding common shares have been reduced from 465,935,905 shares to 220,935,905 shares, representing a 52.6% reduction in the Company's outstanding common shares.