AgriForce raises $800K in registered direct offering; extends investor participation right to Dec 2025

AVAX ONE TECHNOLOGY LTD.

Sold 16M common shares at $0.05/share to two institutional investors for $800K total.
Each investor enters SPA for 8M shares ($400K); closing on Oct 15, 2024.
Extends Section 4.12 participation right from June 2022 SPA through Dec 31, 2025.
Company must use 25% of net proceeds from any future ATM/equity line to repay outstanding debentures.
Shares registered under existing S-3 shelf; prospectus supplement filed same day.

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