---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-037678"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:07:35.612761+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AgriForce raises $2.75M via debenture and warrant sale to Pioneer; conversion price $2.62

## Summary
- Pioneer Capital notices purchase of additional $2,750,000 debenture and warrants on October 17, 2023.
- New debenture conversion and warrant exercise price set at $2.62 (Nasdaq close Oct 16, 2023).
- Floor price for conversion/exercise set at $0.52 per share.
- Conversion price of all existing debentures and warrants also reset to $2.62.

## SEC filing metadata
- accession: 0001493152-23-037678
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315223037678/0001493152-23-037678-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315223037678/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-037678
- JSON: https://secwatch.observer/filing/0001493152-23-037678.json
- Plain text: https://secwatch.observer/filing/0001493152-23-037678.txt

## Key facts
- Debt Financings
  AVAX ONE TECHNOLOGY LTD. incurred senior notes of $2,750,000 with Pioneer Capital Anstalt.
  - Instrument: senior notes
  - Principal: $2,750,000
  - Counterparty: Pioneer Capital Anstalt
  - Event: incurrence
  source text: nd Pioneer Capital Anstalt (“Pioneer”). Pioneer provided notice on October 17, 2023 to purchase an additional Debenture
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826397/000149315223037678/0001493152-23-037678-index.htm
- Material Agreements
  AVAX ONE TECHNOLOGY LTD. entered into Securities Purchase Agreement with Pioneer Capital Anstalt valued at $2,750,000 (effective 2022-06-30).
  - Agreement: equity purchase
  - Counterparty: Pioneer Capital Anstalt
  - Value: $2,750,000
  - Effective: 2022-06-30
  source text: Reference is made to Section 2.4 of that certain June 30, 2022 Securities Purchase Agreement between AgriForce Growing Systems Ltd. (the “Company”) and Pioneer Capital Anstalt (“Pioneer”). Pioneer provided notice on October 17, 2023 to purchase an additional Debenture and warrants in the amount of $2,750,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826397/000149315223037678/0001493152-23-037678-index.htm

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