8-K filed July 29, 2021, 7:59 PM ET ticker AVNI CIK 0001113313

other material confidence high sentiment neutral materiality 0.85

Arvana Inc. reports change in control to Alkiviades David; issues 29.5M shares for debt settlement

ARVANA INC

Alkiviades David gains control of Arvana via proxies representing 91.13% of shares (31.1M shares), effective June 30, 2021.
Board approves issuance of 29,537,848 restricted common shares to settle debts totaling $1,605,844.40 to 4 individuals and 5 entities.
Carl Dawson and Mathew Bentley appointed directors effective July 24, 2021; Sir John Baring and Shawn Teigen resign same date.
Debt forgiveness agreements with Zahir Dhanani and Topkapi International Investments forgive $369,888.01 in liabilities effective June 30, 2021.
David remits $15,000 to Arvana for public disclosure costs as consideration for change in control.

item 3.02 item 5.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Carl Dawson

Director

AVNI · ARVANA INC

Effective: 2021-07-24
Filed: July 29, 2021, 7:59 PM ET

On June 30, 2021, the Company’s board of directors (“Board”) appointed Carl Dawson and Mathew Bentley to serve on the Board until the next annual meeting of stockholders for the election of directors, effective ten (10) calendar days following the mailing of an information statement to stockholders to provide context for the appointments.

Appointed

Mathew Bentley

Director

AVNI · ARVANA INC

Effective: 2021-07-24
Filed: July 29, 2021, 7:59 PM ET

On June 30, 2021, the Company’s board of directors (“Board”) appointed Carl Dawson and Mathew Bentley to serve on the Board until the next annual meeting of stockholders for the election of directors, effective ten (10) calendar days following the mailing of an information statement to stockholders to provide context for the appointments.

Departed

Sir John Baring

Director

AVNI · ARVANA INC

Effective: 2021-07-24
Filed: July 29, 2021, 7:59 PM ET

the Board accepted the resignation of Sir John Baring and Shawn Teigen from their respective positions on the Board effective July 24, 2021

Departed

Shawn Teigen

Director

AVNI · ARVANA INC

Effective: 2021-07-24
Filed: July 29, 2021, 7:59 PM ET

the Board accepted the resignation of Sir John Baring and Shawn Teigen from their respective positions on the Board effective July 24, 2021

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Carl Dawson was appointed as Director at ARVANA INC.

Action: appointed
Role: Director

Exact text from the filing

On June 30, 2021, the Company’s board of directors (“Board”) appointed Carl Dawson and Mathew Bentley to serve on the Board until the next annual meeting of stockholders for the election of directors, effective ten (10) calendar days following the mailing of an information statement to stockholders to provide context for the appointments.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mathew Bentley was appointed as Director at ARVANA INC.

Action: appointed
Role: Director

Exact text from the filing

On June 30, 2021, the Company’s board of directors (“Board”) appointed Carl Dawson and Mathew Bentley to serve on the Board until the next annual meeting of stockholders for the election of directors, effective ten (10) calendar days following the mailing of an information statement to stockholders to provide context for the appointments.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Sir John Baring resigned as Director at ARVANA INC.

Action: resigned
Role: Director

Exact text from the filing

the Board accepted the resignation of Sir John Baring and Shawn Teigen from their respective positions on the Board effective July 24, 2021

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Shawn Teigen resigned as Director at ARVANA INC.

Action: resigned
Role: Director

Exact text from the filing

the Board accepted the resignation of Sir John Baring and Shawn Teigen from their respective positions on the Board effective July 24, 2021

View on SEC.gov

ARVANA INC filing history →

Source: SEC EDGAR

accession 0001607062-21-000240

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