---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-049823"
form_type: "8-K"
ticker: "ETST"
cik: "0001538495"
company_name: "Earth Science Tech, Inc."
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:02:22.919105+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Earth Science Tech acquires Avenvi LLC for ~$1.06M in related-party transaction

## Summary
- Acquisition price of $1,058,788; $258,788 initial payment plus $200,000/month for four months.
- Avenvi's audited Sept 30, 2024 balance sheet: total assets $1,056,140 ($282k cash, $184k equity securities, $590k property/equipment).
- Avenvi had zero revenue and net income of $399,791 for Jan-Sep 2024, primarily from investment gains.
- Seller is Giorgio R. Saumat, also CEO/Chairman of Earth Science Tech; board approved as arm's-length.
- Acquired assets include ~4 acres vacant residential land, one commercial property (5,000 sq ft), and cash equivalents.

## SEC filing metadata
- accession: 0001493152-24-049823
- form_type: 8-K
- ticker: ETST
- cik: 0001538495
- company_name: Earth Science Tech, Inc.
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538495/000149315224049823/0001493152-24-049823-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538495/000149315224049823/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-049823
- JSON: https://secwatch.observer/filing/0001493152-24-049823.json
- Plain text: https://secwatch.observer/filing/0001493152-24-049823.txt

## Key facts
- M&A Transactions
  Earth Science Tech, Inc. completed an acquisition involving Avenvi, LLC (closed 2024-10-01).
  - Action: acquisition
  - Counterparty: Avenvi, LLC
  - Closing: 2024-10-01
  source text: On October 1, 2024, Earth Science Tech, Inc., a Florida corporation (OTC: ETST) (the “Company”) acquired Avenvi, LLC., a Florida limited liability company (the “Seller”) and is filing this 8-K with audited financials completed on December 12, 2024 pursuant to the previously announced Purchase and Sale Agreement dated October 1, 2024 (the “closing Date”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1538495/000149315224049823/0001493152-24-049823-index.htm

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