---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-046080"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2026-10-07T12:00:21+00:00"
generated_at: "2026-10-12T16:01:43.975436+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# AVAX One cuts convertible debt to ~$970K after eliminating $14.9M in Q3; buys back 333,500 shares

## Summary
- Approximately $7.1M of convertible debentures converted into common shares, $7.4M of debt repaid and $0.4M redeemed into shares in Q3 2026, cutting convertible debt to ~$970,000 at Sept 30, 2026.
- Repurchased 333,500 shares during Q3 2026, as adjusted for the one-for-twelve reverse stock split effected June 15, 2026.
- Common shares outstanding were ~9,987,248 as of Sept 30, 2026 versus ~7,363,270 as of June 30, 2026, per the release.
- Interim CEO and COO Pete Wylie said AVAX One has 'simplified our balance sheet' and is positioned to execute growth and profitability initiatives in its digital asset treasury strategy.
- AVAX One also operates bitcoin mining facilities and develops modular data centers alongside its Avalanche (AVAX) treasury; shares trade on Nasdaq under AVX.

## SEC filing metadata
- accession: 0001493152-26-046080
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2026-10-07T12:00:21+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315226046080/0001493152-26-046080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315226046080/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-046080
- JSON: https://secwatch.observer/filing/0001493152-26-046080.json
- Plain text: https://secwatch.observer/filing/0001493152-26-046080.txt

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