---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-041908"
form_type: "8-K"
ticker: "ADBT"
cik: "0002084227"
company_name: "Advasa Holdings, Inc."
filed_at: "2026-09-09T13:24:10+00:00"
generated_at: "2026-09-09T13:25:08.253506+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-26-041908
- form_type: 8-K
- ticker: ADBT
- cik: 0002084227
- company_name: Advasa Holdings, Inc.
- filed_at: 2026-09-09T13:24:10+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2084227/000149315226041908/0001493152-26-041908-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2084227/000149315226041908/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-041908
- JSON: https://secwatch.observer/filing/0001493152-26-041908.json
- Plain text: https://secwatch.observer/filing/0001493152-26-041908.txt

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