secwatch.observer — SEC 8-K summary
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Issuer:     Awaysis Capital, Inc. (AWCA)
CIK:        0001021917
Form:       8-K
Filed at:   2024-04-03T23:59:59+00:00
Accession:  0001493152-24-013024
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Awaysis Capital issues 50M shares to CEO as bonus for FY2022
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- Issued 50,000,000 shares to Chairman/CEO Michael Singh on April 1, 2024, for $500K FY2022 cash bonus.
- Shares valued at $0.01 par value each; no cash was paid by the executive.
- Issuance exempt from registration under Section 4(a)(2) of Securities Act as non-public transaction.
- Bonus was earned for fiscal year ended June 30, 2022, deferred and paid in stock instead of cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021917/000149315224013024/0001493152-24-013024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021917/000149315224013024/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-013024

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