---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-041329"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T14:05:48.519680+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-041329
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315224041329/0001493152-24-041329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315224041329/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-041329
- JSON: https://secwatch.observer/filing/0001493152-24-041329.json
- Plain text: https://secwatch.observer/filing/0001493152-24-041329.txt

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