secwatch.observer — SEC 8-K summary
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Issuer:     Awaysis Capital, Inc. (AWCA)
CIK:        0001021917
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0001493152-23-036681
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CFO Amir Vasquez resigns; President Andrew Trumbach reappointed CFO with $750K salary and equity grants
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- Andrew Trumbach, already President and director, appointed CFO replacing Amir Vasquez who resigned September 12, 2023.
- Trumbach receives $750,000 base salary retroactive to December 2021, plus annual bonus up to 400% of base salary.
- Granted 50,000,000 restricted shares (vesting 50% immediately, 50% Dec 1, 2023) and options for 11,250,000 shares vesting immediately.
- Severance terms: 12 months' base salary plus accrued vacation if terminated without cause, subject to release and non-compete enforcement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021917/000149315223036681/0001493152-23-036681-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021917/000149315223036681/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-036681

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