{"schema_version":"secwatch.filing_event.v1","accession":"0001393905-24-000214","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2024-06-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.844615+00:00","generated_at":"2026-06-01T06:18:54.244444+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Avant Technologies signs binding LOI to acquire up to 50 supercomputer servers for $50M","bullets":["Binding LOI with Flow Wave, LLC to acquire up to 50 immersible supercomputer servers for $50M cash.","Payment via $50M promissory note, 5% interest, six monthly payments after Avant raises at least $20M.","If Avant fails to pay within 6 months post capital raise, deal voids and servers return to Flow Wave.","Transaction subject to definitive agreement, board/regulatory approvals, due diligence, and Avant shareholder vote.","Avant CEO states acquisition positions company in supercomputer-driven data center industry."],"urls":{"canonical":"https://secwatch.observer/filing/0001393905-24-000214","json":"https://secwatch.observer/filing/0001393905-24-000214.json","markdown":"https://secwatch.observer/filing/0001393905-24-000214.md","text":"https://secwatch.observer/filing/0001393905-24-000214.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000139390524000214/0001393905-24-000214-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000139390524000214/avai-20240603.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T06:18:54.244444+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}