secwatch.observer — SEC 8-K summary
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Issuer:     Awaysis Capital, Inc. (AWCA)
CIK:        0001021917
Form:       8-K/A
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0001493152-25-005037
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Awaysis Capital acquires Chial Properties in Belize for $5.5M from Chairman Michael Singh
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- Total purchase price $5.5M: $2.4M cash, $1.5M secured promissory note (0% interest, due Feb 2025 or uplisting), $1.6M convertible note (3.5%, due June 2025).
- Seller is Chairman/Co-CEO Michael Singh via affiliate; transaction is related party.
- Assets include over 63 acres in Cayo District, Belize, with ~35 villas (59,000 sq ft) for Awaysis branded development.
- Both promissory notes are secured by first-priority liens on substantially all of Awaysis' assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021917/000149315225005037/0001493152-25-005037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021917/000149315225005037/form8-ka.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-005037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer