---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-002585"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2025-01-16T23:59:59+00:00"
generated_at: "2026-05-28T00:14:54.860205+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AgriForce raises $7M via convertible debentures with warrants; up to $50M total available

## Summary
- Initial $7.7M principal (10% OID, net $7M) of 5% senior secured convertible debentures sold to institutional investors.
- Conversion price set at $2.62 per share; debentures due in 12 months, extendable 6 months at 8% interest.
- Investors receive 3.5-year warrants with 65% coverage at $2.882 exercise price, subject to anti-dilution ratchet.
- Monthly amortization starts Apr 1, 2025; Company can pay in cash or stock if equity conditions met.
- Officers and directors enter 1-year lock-up; registration rights agreement requires S-1 within 30 days.

## SEC filing metadata
- accession: 0001493152-25-002585
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2025-01-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315225002585/0001493152-25-002585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315225002585/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-002585
- JSON: https://secwatch.observer/filing/0001493152-25-002585.json
- Plain text: https://secwatch.observer/filing/0001493152-25-002585.txt

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