---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036489"
form_type: "8-K"
ticker: "AWCA"
cik: "0001021917"
company_name: "Awaysis Capital, Inc."
filed_at: "2024-09-17T23:59:59+00:00"
generated_at: "2026-05-31T04:09:12.014063+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Awaysis Capital issues 31.7M shares to three executives for past-due compensation totaling $7.8M

## Summary
- Michael Singh (Chairman/Co-CEO) received 14,071,153 shares for $3,469,665 in accrued salary and bonuses from Sep 2022 to Jun 2024.
- Andrew Trumbach (Co-CEO/CFO) received 14,071,153 shares for $3,469,665 in accrued compensation.
- Tyler Trumbach (Chief Legal Counsel/director) received 3,529,127 shares for $895,512 in accrued compensation.
- Shares issued at per-share prices ranging from $0.1202 to $1.1920; exempt from registration under Section 4(a)(2).
- Aggregate of 31,671,433 shares issued to settle approximately $7.8 million of compensation liabilities.

## SEC filing metadata
- accession: 0001493152-24-036489
- form_type: 8-K
- ticker: AWCA
- cik: 0001021917
- company_name: Awaysis Capital, Inc.
- filed_at: 2024-09-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021917/000149315224036489/0001493152-24-036489-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021917/000149315224036489/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036489
- JSON: https://secwatch.observer/filing/0001493152-24-036489.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036489.txt

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