Item 1.01. Entry into a Material Definitive Agreement

On May 29, 2025, CFN Enterprises Inc., or the Company, entered into a Securities Purchase Agreement with J Street Capital Partners, LLC, a Florida limited liability company, or J Street, and the owner of all of the equity interests of J Street, or the Seller, whereby the Company will acquire 100% of J Street from the Seller. J Street is an importer and wholesaler of wines and alcoholic beverages which currently distributes its products to Nevada, New York, New Jersey, Florida and California and its customers include bars, restaurants, casinos and hotels. The acquisition of J Street consists of its inventory, import and export licenses, intellectual property, formulations and its distributor network and client base. The consideration to be paid to the Seller at closing for J Street is an aggregate of 1.5 million shares of the Company's common stock. Subject to a 15% net profit requirement and minimum annual revenue requirements ($2 million for the remainder of the 2025 calendar year; $10 million for the 2026 calendar year), the Seller may earn up to an aggregate of 7.25 million shares of Company common stock based on J Street achieving an aggregate revenue target in excess of $30 million, and the Company has agreed to provide working capital of approximately $500,000 through the end of 2026 towards J Street to achieve revenue targets. The securities to be issued by the Company will be issued pursuant to an exemption under Section 4(a)(2) of the Securities Act of 1933, as amended. The Seller has agreed to limit sales of Company common stock acquired from the sale of J Street consisting of a 12 month lockup from the date of issuance and a 48 month leak-out. The closing of the transaction is subject to satisfaction or waiver of certain customary closing conditions, including the delivery of certain other agreements and consents.

The foregoing is a description of the material terms and conditions of the Securities Purchase Agreement, and is not a complete description thereof. Accordingly, the foregoing is qualified in its entirety by reference to the full text of the Securities Purchase Agreement, which is filed as an exhibit to this Current Report on Form 8-K and is incorporated herein by reference. The representations and warranties of each party set forth in such agreement have been made solely for the benefit of the other party thereto for the purpose of allocating contractual risk between the parties and not for the purpose of establishing matters as to fact. In particular, the assertions embodied in the representations and warranties contained in the agreement (i) may have been qualified, modified, or excepted by confidential disclosures made to the other party for the purpose of allocation of contractual risk, (ii) are subject to materiality qualifications contained in the agreement which may differ from what may be viewed as material by investors and (iii) were made only as of the date of the agreement or such other date as is specified in the therein. Accordingly, the representations and warranties in the agreement should not be viewed or relied upon as characterizations of the actual state of facts about the parties thereto.