---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-036201"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2026-08-05T20:51:44+00:00"
generated_at: "2026-08-05T20:53:06.717802+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# AVAX One restructures convertible debt, retires ~$6.8M principal, amends covenants

## Summary
- Retired ~$6.8M of convertible debentures by repaying two investors at 110% of principal plus accrued interest.
- Remaining investor's debenture principal increased to $8.47M; partial repayment of $1.05M plus interest.
- Minimum cash/bitcoin covenant raised from $100k to $3.5M; key-person covenant modified.
- Restructuring funded with cash on hand and reduction of escrow receivable from one investor.
- Interim CEO Peter Wylie says restructuring strengthens balance sheet and reduces near-term liabilities.

## SEC filing metadata
- accession: 0001493152-26-036201
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2026-08-05T20:51:44+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315226036201/0001493152-26-036201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315226036201/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-036201
- JSON: https://secwatch.observer/filing/0001493152-26-036201.json
- Plain text: https://secwatch.observer/filing/0001493152-26-036201.txt

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