---
schema_version: "secwatch.filing_event.v1"
accession: "0001607062-21-000240"
form_type: "8-K"
ticker: "AVNI"
cik: "0001113313"
company_name: "ARVANA INC"
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:45:32.342566+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001607062-21-000240
- form_type: 8-K
- ticker: AVNI
- cik: 0001113313
- company_name: ARVANA INC
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.02, 5.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113313/000160706221000240/0001607062-21-000240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113313/000160706221000240/avni072821form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607062-21-000240
- JSON: https://secwatch.observer/filing/0001607062-21-000240.json
- Plain text: https://secwatch.observer/filing/0001607062-21-000240.txt

## Key facts
- Executive change
  Carl Dawson was appointed as Director at ARVANA INC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113313/000160706221000240/0001607062-21-000240-index.htm
- Executive change
  Mathew Bentley was appointed as Director at ARVANA INC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113313/000160706221000240/0001607062-21-000240-index.htm
- Executive change
  Sir John Baring resigned as Director at ARVANA INC.
  - Action: resigned
  - Role: Director
  source text: the Board accepted the resignation of Sir John Baring and Shawn Teigen from their respective positions on the Board effective July 24, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113313/000160706221000240/0001607062-21-000240-index.htm
- Executive change
  Shawn Teigen resigned as Director at ARVANA INC.
  - Action: resigned
  - Role: Director
  source text: the Board accepted the resignation of Sir John Baring and Shawn Teigen from their respective positions on the Board effective July 24, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113313/000160706221000240/0001607062-21-000240-index.htm

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