secwatch.observer — SEC 8-K summary
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Issuer:     ARVANA INC (AVNI)
CIK:        0001113313
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001607062-21-000505
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arvana Inc. undergoes change of control; Altaf Nazerali acquires 77.3% voting shares
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- Altaf Nazerali now controls 26,403,214 common shares, 77.32% of voting securities, effective Oct 29, 2021.
- Alkiviades David relinquished voting proxies and control to Nazerali via a rescission agreement dated Oct 22, 2021.
- Directors Mathew Bentley Hoover and Carl Dawson resigned on Oct 22 and Nov 2, 2021, respectively.
- The rescission agreement terminates a prior non-binding term sheet for an asset purchase that was not consummated.
- Nazerali used no personal funds for the consideration in the change of control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113313/000160706221000505/0001607062-21-000505-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113313/000160706221000505/avni111021form8k.htm
  HTML page:      https://secwatch.observer/filing/0001607062-21-000505

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