Advasa clarifies direct listing, largest holder holds 47.76% stake, CFO resigned

Advasa Holdings, Inc.

Direct listing on Nasdaq began Aug 25, 2026; no shares sold, no proceeds received by company.
Largest holder Asamitsu Kosugi owns 232,638,232 shares (47.76%); sold no shares since listing through Sept 9.
Resale prospectus covers up to 94,046,357 existing shares; company receives no proceeds from any sales.
CFO Katharyn Field resigned Aug 27, 2026 for personal reasons; CEO Grady Ryther serving as interim CFO.
FUKUPE EWA platform live in Japan; ADVASA Visa card now supports USDC; exploring RWA tokenization; Indonesia/UAE launches planned.

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