Sentient Brands Holdings Inc.: files complaint in Nevada court

What happened

• Sentient Brands Holdings Inc filed a verified complaint in the Eighth Judicial District Court, Clark County, Nevada on Oct 2, 2026, captioned Sentient Brands Holdings, Inc. v. John Doukas, et al. The Board authorized the filing on Sep 27, 2026.
• The complaint names individual and corporate defendants and joins Empire Stock Transfer, Inc. solely as a nominal defendant because it maintains the company’s stock ledger.
• The complaint is part of the company’s "Compliance and Restitution" initiative the company described in prior Form 8-Ks filed Jun 23, 2026, Jul 10, 2026 and Aug 14, 2026.

Key details

• The complaint challenges certain corporate obligations, payments, approvals and issuances of common stock principally from 2020 through 2025 and asserts six claims for relief, including declaratory relief under Nevada Chapter 30, equitable rescission and fraud (transaction-specific).
• The complaint identifies 10 "Core Entries" totaling 421,585 post-reverse-split shares (approximately 12,647,550 pre-reverse-split) and 12 "Additional Challenged Entries" totaling 698,470 post-reverse-split shares (approximately 21,000,000 pre-reverse-split); together 1,120,055 post-reverse-split shares (approximately 33,647,550 pre-reverse-split), about 24.5% of the 4,575,465 shares issued and outstanding as of Oct 1, 2026, per the transfer agent’s records. All figures reflect the 1-for-30 reverse stock split effective Jan 2, 2026.
• The complaint asks for preservation of specified stock-ledger entries, temporary/preliminary/permanent injunctive relief, rescission or cancellation of challenged issuances, restitution, tracing, constructive trust, accounting and costs and attorneys’ fees where authorized. The complaint states no wrongdoing is alleged against the transfer agent and that identification of a position does not alone establish wrongdoing by the registered holder.

Why it may matter

• Item reported: Item 8.01 Other events. The filing covers the company’s filing of a verified complaint in Nevada court seeking declaratory, equitable and related relief concerning historical equity issuances and related matters and identifies specific ledger positions for preservation and potential rescission.
• The complaint notes the arbitration claimant disclosed in the company’s Form 10-Qs for the periods ended Mar 31, 2026 and Jun 30, 2026 is among the defendants and that the company has not recorded any asset or recovery in its financial statements in connection with the action and expects to incur legal fees. A filing does not show why the insider traded or why the company acted.