---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-030607"
form_type: "8-K/A"
ticker: "AWCA"
cik: "0001021917"
company_name: "Awaysis Capital, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:32:52.115723+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Awaysis Capital borrows $1.1M from insider Harthorne via convertible note at 12% interest

## Summary
- Principal $1.1M, 12% simple interest per annum, matures July 30, 2025.
- Convertible at $0.30/share into common stock at holder's option anytime before maturity.
- Proceeds to fund Casamora property development, working capital, and general corporate purposes.
- Lender Harthorne Capital is controlled by CEO Michael Singh, President Andrew Trumbach, and director Lisa-Marie Iannitelli.
- Note is unsecured and subordinated to senior indebtedness; prepayment permitted without penalty.

## SEC filing metadata
- accession: 0001493152-24-030607
- form_type: 8-K/A
- ticker: AWCA
- cik: 0001021917
- company_name: Awaysis Capital, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021917/000149315224030607/0001493152-24-030607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021917/000149315224030607/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-030607
- JSON: https://secwatch.observer/filing/0001493152-24-030607.json
- Plain text: https://secwatch.observer/filing/0001493152-24-030607.txt

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