---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019817"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2023-06-01T23:59:59+00:00"
generated_at: "2026-06-14T09:41:33.724739+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AgriForce terminates Delphy acquisition deal; revised purchase price not agreed

## Summary
- Mutual termination of sales and purchase agreement with Delphy Groep BV, effective May 25, 2023, after due diligence.
- Revised purchase price sought by AgriForce could not be agreed due to financial projections and market conditions.
- CEO Ingo Mueller states company is proceeding aggressively with alternative M&A opportunities seen as accretive.
- AgriForce and Delphy may revisit collaboration in future; no deal value disclosed.

## SEC filing metadata
- accession: 0001493152-23-019817
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2023-06-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315223019817/0001493152-23-019817-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315223019817/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019817
- JSON: https://secwatch.observer/filing/0001493152-23-019817.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019817.txt

## Key facts
- Material Agreements
  AVAX ONE TECHNOLOGY LTD. terminated sales and purchase agreement with Delphy Groep BV (effective 2023-05-25).
  - Action: termination
  - Counterparty: Delphy Groep BV
  - Effective: 2023-05-25
  source text: Effective May 25, 2023, the previously announced sales and purchase agreement between AgriForce Growing Systems, Ltd. (the “Company”) and Delphy Groep BV was terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826397/000149315223019817/0001493152-23-019817-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.