Awaysis Capital, Inc. (AWCA): M&A transaction — Awaysis Capital amends 8-K to add shell company status change after $11.4M Belize asset acquisition

Awaysis Capital, Inc.

Acquisition of Casamora Awaysis Assets in San Pedro, Belize closed June 30, 2022 for appraisal value of $11.4M.
Consideration: $2.6M 0% demand mortgage, $280K 0% mortgage (paid Aug 8, 2022), and 56.8M shares at $0.15/share.
Company determined no historical/pro forma financials required and adds Item 5.06 – Change in Shell Company Status.
Shares for acquisition not issued as of June 30, 2022; amended Item 3.02 accordingly.
Casamora asset includes multiple parcels with buildings planned for fitness, spa, conference center, boutique villas, and café.

item 2.01 item 9.01 item 5.06 item 3.02

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Awaysis Capital, Inc.: Company ceased to be a shell company due to acquisition of assets.

Change: shell status

Exact text from the filing

. This Amended 8-K further amends the Original 8-K to (a) add Item 5.06 – Change in Shell Company Status, as a result of the Acquisition of Assets

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Awaysis Capital, Inc. completed an acquisition for $11.4 million (closed 2022-06-30).

Action: acquisition
Consideration: $11.4 million
Closing: 2022-06-30

Exact text from the filing

of Agreements of Purchase and Sale, all dated April 15, 2022. The total consideration paid by us for the properties subject to the agreements was at the appraisal value of $11.4 million (excluding transaction costs and fees) and was settled in a combination of a Purchase Money Mortgage of $2.6 million at 0% interest rate, payable on demand, a Purchase Money

View on SEC.gov

Browse all governance changes →

Awaysis Capital, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-032638

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.