Item 1.02 Termination of a Material Definitive Agreement.
On October 4, 2022, CFN Enterprises Inc. (the "Company"), agreed with Ezra
Chehebar and the Isaac Shehebar 2008 AIJJ Grantor Retained Annuity Trust, the
holders of the Company's 18% promissory notes issued on April 8, 2022
representing an aggregate principal balance plus accrued interest of $726,700
(the "Notes") to terminate the Notes and in consideration of the termination to
issue to the holders an aggregate of 2,906,800 restricted shares of common stock
of the Company. The shares were issued under the exemption provided by Section
4(a)(2) of the Securities Act of 1933, as amended, as not involving a public
offering.
Item 3.02 Unregistered Sales of Equity Securities.
The information provided in Item 1.01 of this Current Report on Form 8-K with
respect to the issuance of the shares is incorporated by reference into this
Item 3.02.
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