• NetBrands shareholders authorized an amendment to raise authorized common stock to 2,000,000,000 shares from 750,000,000.
• Total authorized capital to become 2,020,000,000 shares, including 20,000,000 preferred shares, par value $0.0001 per share.
• Change supports financing tied to a $100,000 convertible promissory note, with about $36,816 outstanding, and a warrant for 55,000,000 shares.
• Company also has an equity purchase agreement for up to $10 million that may require additional share issuance capacity.
• Common shares outstanding totaled 471,776,399 as of June 12, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netbrands Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-028520), on June 12, 2026, and is solely responsible for the information contained therein.