- On **September 25, 2025**, DDC Enterprise Limited appointed **Dave Chapman** and **Jay Steinback** to its Advisory Board.  **[1808110_0001213900-25-092446_ea0259055-6k_ddcenter.htm:1]** 
- On **September 26, 2025**, DDC entered into a **Waiver and Forbearance Agreement** with purchasers of its senior secured convertible notes and warrants, and their agent, in response to certain breaches.  **[1808110_0001213900-25-092446_ea0259055-6k_ddcenter.htm:2]** 
- Under this agreement, the purchasers and agent will **forbear from exercising legal remedies for 56 days**.  **[1808110_0001213900-25-092446_ea0259055-6k_ddcenter.htm:2]** 
- In consideration, the **conversion price formula** for the notes will be amended to **88% of the lowest volume-weighted average price (VWAP)** in the twenty trading days preceding conversion, and **warrant coverage will be doubled to 70%**.  **[1808110_0001213900-25-092446_ea0259055-6k_ddcenter.htm:2]** 
- DDC also agreed to file a new registration statement within **15 days** to cover the resale of shares underlying the newly issued warrants, additional warrants, and **11,567,380 Conversion Shares**.  **[1808110_0001213900-25-092446_ea0259055-6k_ddcenter.htm:2]**

DDC Enterprise (DDC)