---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-050999"
form_type: "8-K"
ticker: "AVX"
cik: "0001826397"
company_name: "AVAX ONE TECHNOLOGY LTD."
filed_at: "2026-11-10T21:40:12+00:00"
generated_at: "2026-11-10T21:41:05.336680+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# AVAX One eliminates all convertible debt; bought 710,000 shares at $5.46 average in October 2026

## Summary
- Eliminated the remaining ~$970,000 of convertible debt, bringing the convertible debt balance to zero after an October 7, 2026 reduction.
- Company removed more than $14.9 million of debt during Q3 2026, which it says simplifies the capital structure and improves financial flexibility.
- Repurchased 710,000 common shares in October 2026 at an average price of $5.46 including fees and commissions.
- Cumulative repurchases since November 2025 total 1,496,761 shares (adjusted for the 1-for-12 reverse split on June 15, 2026); ~$30.4M left of the $40M program.
- Interim CEO and COO Pete Wylie said the debt elimination removes a "significant financial overhang" and that buybacks deploy capital at attractive valuations.

## SEC filing metadata
- accession: 0001493152-26-050999
- form_type: 8-K
- ticker: AVX
- cik: 0001826397
- company_name: AVAX ONE TECHNOLOGY LTD.
- filed_at: 2026-11-10T21:40:12+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826397/000149315226050999/0001493152-26-050999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826397/000149315226050999/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-050999
- JSON: https://secwatch.observer/filing/0001493152-26-050999.json
- Plain text: https://secwatch.observer/filing/0001493152-26-050999.txt

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