Subsequent Events	9 Months Ended
Feb. 28, 2026
Subsequent Events
Subsequent Events	Note 15 – Subsequent Events The Company has evaluated subsequent events through the date these financial statements were issued and has identified the following events requiring disclosure. Share Issuances Subsequent to February 28, 2026, the Company issued an aggregate of 775,300 shares of common stock in connection with the following transactions: The Company issued 250,000 shares of common stock as compensation for legal services rendered, consisting of 200,000 shares on March 3, 2026 at $0.30 per share and 50,000 shares on March 31, 2026 at $0.20 per share, for aggregate compensation of $70,000. The Company issued 275,300 shares of common stock pursuant to three partial conversions of the Mast Hill Fund — Tranche 1 (see Note 5): 82,700 shares on March 13, 2026 at a conversion price of $0.18 per share, 96,200 shares on March 30, 2026 at a conversion price of $0.16 per share and 96,400 shares on April 13, 2026 at a conversion price of $0.16, representing aggregate principal converted of approximately $45,278. The conversion prices reflect 85% of the applicable 10-day low volume-weighted average price as required under the note. The Company received $125,000 in cash from an existing investor, pursuant to a subscription agreement in March 2026, in exchange for 250,000 shares of common stock at $0.50 per share. Following the above issuances, the Company had approximately 89,168,144 shares of common stock issued and outstanding.

Subsequent Events

9 Months Ended

Feb. 28, 2026

Note 15 – Subsequent Events

The Company has evaluated subsequent events through the date these financial statements were issued and has identified the following events requiring disclosure.

Share Issuances

Subsequent to February 28, 2026, the Company issued an aggregate of 775,300 shares of common stock in connection with the following transactions:

The Company issued 250,000 shares of common stock as compensation for legal services rendered, consisting of 200,000 shares on March 3, 2026 at $0.30 per share and 50,000 shares on March 31, 2026 at $0.20 per share, for aggregate compensation of $70,000.

The Company issued 275,300 shares of common stock pursuant to three partial conversions of the Mast Hill Fund — Tranche 1 (see Note 5): 82,700 shares on March 13, 2026 at a conversion price of $0.18 per share, 96,200 shares on March 30, 2026 at a conversion price of $0.16 per share and 96,400 shares on April 13, 2026 at a conversion price of $0.16, representing aggregate principal converted of approximately $45,278. The conversion prices reflect 85% of the applicable 10-day low volume-weighted average price as required under the note.

The Company received $125,000 in cash from an existing investor, pursuant to a subscription agreement in March 2026, in exchange for 250,000 shares of common stock at $0.50 per share.

Following the above issuances, the Company had approximately 89,168,144 shares of common stock issued and outstanding.

Karbon-X Corp. 10-Q