Global Arena Holding, Inc. (OTCBB:GAHC) signed a non binding term sheet to acquire Blockchain Technologies Corp. on January 15, 2015. As on May 20, 2015, Global Arena Holding entered into an agreement to acquire Blockchain Technologies Corp. As consideration, Global Arena will reserve 1/3 of its total issued and outstanding shares to be issued to Blockchain shareholders. The transaction is subject to amendment of Articles of Incorporation to change its name to Blockchain Holdings Corporation and written consent of a majority of the shareholders of Blockchain Technologies to amend the Articles of Incorporation, extend the terms of its Directors to three years, limit the number of Directors to five. As of period ending on March 31, 2015, in order to consummate the merger, certain conditions must be met, which include issuance of Global Arena's shares in an amount to be determined and it must capitalize itself with $1.25 million plus an amount equal to BTC's bridge loan then outstanding. On October 20, 2015, Global Arena Holding authorized the issuance to Nikolaos Spanos, an officer and director of Blockchain, of 1.38 million of its common shares and 1.99 million warrants to purchase its common shares and paid cash of $0.13 million. On October 20, 2015, the parties agreed to extend the closing date of the merger to December 15, 2015.

Global Arena Holding, Inc. (OTCBB:GAHC) completed the acquisition of 10% stake in Blockchain Technologies Corp. on October 20, 2015.