C1 Fund Inc. filings document corporate reporting for a Maryland closed-end fund issuer focused on private digital asset services and technology companies. Its Form 8-K and 8-K/A disclosures record Audit Committee action on the fund’s independent registered public accounting firm, the engagement of a successor auditor, related Item 4.01 disclosure, and the predecessor auditor letter filed under Regulation S-K Item 304.
C1 Fund Inc. (CFND) asks stockholders to act at its first annual meeting, scheduled for December 1, 2026, at noon Eastern Time via live webcast. The proposals are to elect Dr. Najamul Hasan Kidwai and Jeffrey H. Singer as Class I directors for terms through the 2029 annual meeting, and to ratify CBIZ CPAs P.C. as independent registered public accounting firm for fiscal 2026. The board recommends FOR both proposals. Holders of 6,096,148 common shares outstanding as of October 13, 2026, are entitled to vote.
The proxy also describes material weaknesses in internal control over financial reporting as of December 31, 2025. BDO identified a lack of personnel with appropriate internal-control and accounting knowledge, skills, training, and experience for the Fund’s reporting requirements, and stated that this contributed to additional weaknesses in financial-reporting processes. The Audit Committee approved BDO’s dismissal effective March 16, 2026; CBIZ has served since March 17, 2026.
The amended report by C1 Fund Inc. CEO and director Najamul Hasan Kidwai lists a disposition of 27,310 common shares in indirect holdings through sponsor C1 Group LLC on September 5, 2025, with a reported price of 0.0000 per share. It lists 180,269 shares held indirectly and 37,980 shares held directly after the transaction. A footnote states that 100,000 shares held by C1 Group LLC were canceled that day because the underwriters did not exercise the over-allotment option.
C1 Fund Inc. Chief Financial Officer David Hytha reported a disposition of 4,057 common shares indirectly held through C1 Group LLC on September 5, 2025. Afterward, the reported position was 27,047 shares indirectly through the LLC and 5,004 shares held directly. The amendment attributes the decrease in his indirect ownership to dilution when certain investors’ interests in C1 Group LLC vested at the August 7, 2025 IPO.
C1 Fund Inc. (CFND) Chief Investment Officer Elliot Jin Han reported a direct purchase of 5,000 common shares on December 17, 2025, at $4.81 per share, with 5,000 direct shares reported afterward. The amendment also reports a September 5, 2025 disposition of 4,057 shares held indirectly through the issuer’s sponsor, C1 Group LLC; 27,047 indirect shares were reported afterward. A footnote says 100,000 shares held by C1 Group LLC were canceled that day because underwriters did not exercise their over-allotment option.
A 23,998-share disposition of C1 Fund Inc. common stock held indirectly through C1 Group LLC is reported for director Michael Xu Zhao on September 5, 2025, with 159,984 shares reported following the transaction. The amendment says certain investors’ interests in C1 Group LLC vested on August 7, 2025, diluting Zhao’s indirect ownership; that decrease was not reflected in prior beneficial-ownership filings. A footnote states that 100,000 shares held by C1 Group LLC were canceled on September 5, 2025, because underwriters did not exercise their over-allotment option.
C1 Fund Inc. (CFND) announced that its Secretary, Treasurer and Chief Financial Officer, David Hytha, has informed the company of his intent to retire effective December 31, 2026.
The company states that it intends to identify a replacement for Mr. Hytha prior to his retirement date to support an orderly transition in its finance leadership.
C1 Fund Inc. (CFND) director and Chief Executive Officer Kidwai Najamul Hasan reported purchasing common shares. On September 2, 2026, he bought 2,850 shares of common stock at $2.81 per share in a purchase described as an open market or private transaction.
After this purchase, Hasan holds 37,980 common shares directly and an additional 207,607 common shares indirectly through C1 Group LLC. No Rule 10b5-1 trading plan is reported for these transactions.
C1 Fund Inc. (CFND) received an amended Schedule 13G from Brian Walsh, reporting his beneficial ownership of the company’s common stock. Walsh reports owning 457,282 shares, representing 6.85% of the outstanding common stock of C1 Fund Inc.
He reports 457,282 shares as subject to sole power to vote and to direct the vote, and also 457,282 shares as subject to shared power to vote. The same 457,282 shares are reported as subject to both sole and shared power to dispose or direct disposition.
C1 Fund Inc. director and Chief Executive Officer Kidwai Najamul Hasan reported an open-market purchase of Common Stock. On June 16, 2026, he bought 5,000 shares at $3.41 per share, bringing his direct holdings to 35,130 shares. He also has indirect ownership of 207,607 shares of Common Stock via C1 Group LLC.
C1 Fund Inc. director Reed Scott A. reported open-market purchases of a total of 5,000 shares of Common Stock of CFND at a price of $3.10 per share on June 11 and June 12, 2026. Following these direct purchases, he directly owns 52,000 shares. A separate holding entry shows indirect ownership of 65,500 shares held through the WA Reed Family 2015 Trust, providing additional exposure via a family trust structure.