AgriFORCE closes $219M PIPE funded with cash, stablecoins, and AVAX tokens; entire board replaced

AVAX ONE TECHNOLOGY LTD.

PIPE raised $219M: $145.4M in cash/stablecoins (USDC/USDT) and $73.7M in AVAX tokens; 86.7M shares and 6.1M pre-funded warrants issued.
All four legacy directors resigned; new board includes Matt Zhang (Chair, Hivemind), Young Cho, Xiao-Xiao Zhu (KKR), and Dan Mendes.
Anthony Scaramucci (Ground Tunnel Capital) and Brett Tejpaul appointed as Strategic Advisors; each gets 928K restricted shares vesting over 36 months.
Equity plan amended to increase share pool from 87K to 5.75M shares, approved by shareholders on Oct 27, 2025.
Cohen & Company received 902,739 restricted shares as placement agent; registration rights agreement filed with SEC for resale.

item 1.01 item 3.02 item 5.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

AVAX ONE TECHNOLOGY LTD. issued 928,145 restricted Common Shares of common stock to Anthony Scaramucci (through Ground Tunnel Capital LLC) and Brett Tejpaul.

Security: common stock
Shares: 928,145 restricted Common Shares
Purchaser: Anthony Scaramucci (through Ground Tunnel Capital LLC) and Brett Tejpaul

Exact text from the filing

Pursuant to the terms of each Strategic Advisor Agreement, the Company issued to the Strategic Advisors an aggregate of 928,145 restricted Common Shares (the “Strategic Advisor Shares”).

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Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

AVAX ONE TECHNOLOGY LTD. issued 86,690,657 shares of common stock to certain institutional and accredited investors for $219,042,206 aggregate purchase price.

Security: common stock
Shares: 86,690,657 shares
Purchaser: certain institutional and accredited investors
Consideration: $219,042,206 aggregate purchase price

Exact text from the filing

The total number of Shares issued was 86,690,657 and the total number of prefunded warrants was 6,123,837 for a total aggregate purchase price of $219,042,206 of which $145,375,936 was funded in cash and cash equivalents and $73,662,270 was funded in AVAX tokens.

View on SEC.gov

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.95

AVAX ONE TECHNOLOGY LTD. issued 6,123,837 prefunded warrants of warrant to certain institutional and accredited investors for $219,042,206 aggregate purchase price.

Security: warrant
Shares: 6,123,837 prefunded warrants
Purchaser: certain institutional and accredited investors
Consideration: $219,042,206 aggregate purchase price

Exact text from the filing

The total number of Shares issued was 86,690,657 and the total number of prefunded warrants was 6,123,837 for a total aggregate purchase price of $219,042,206 of which $145,375,936 was funded in cash and cash equivalents and $73,662,270 was funded in AVAX tokens.

View on SEC.gov

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AVAX ONE TECHNOLOGY LTD. filing history →

Source: SEC EDGAR

accession 0001493152-25-021006

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