---
schema_version: "secwatch.filing_event.v1"
accession: "0001607062-22-000709"
form_type: "8-K"
ticker: "AVNI"
cik: "0001113313"
company_name: "ARVANA INC"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:16:39.410922+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Arvana enters agreement to acquire Down 2 Fish Charters for $750K total consideration

## Summary
- Down2Fish acquired for $50K cash plus $700K promissory note at 7.25%, due in 24 months.
- Down2Fish operates fishing charters from Palmetto, FL, serving Tampa Bay area with two vessels.
- Closing expected in Q1 2023; subject to due diligence and GAAP financial statements.
- Acquisition intended to transition Arvana from shell to operating company.

## SEC filing metadata
- accession: 0001607062-22-000709
- form_type: 8-K
- ticker: AVNI
- cik: 0001113313
- company_name: ARVANA INC
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113313/000160706222000709/0001607062-22-000709-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113313/000160706222000709/avni111622form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001607062-22-000709
- JSON: https://secwatch.observer/filing/0001607062-22-000709.json
- Plain text: https://secwatch.observer/filing/0001607062-22-000709.txt

## Key facts
- Material Agreements
  ARVANA INC entered into Business Purchase Agreement with LCF Salons, LLC valued at $50,000 and a promissory note in the amount of $700,000 (effective 2022-11-16).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: LCF Salons, LLC
  - Value: $50,000 and a promissory note in the amount of $700,000
  - Effective: 2022-11-16
  source text: On November 16, 2022, Arvana Inc. (“Company”) entered into a Business Purchase Agreement (“Agreement”) with LCF Salons, LLC. (“LCF”) to acquire Down 2 Fish Charters, LLC. (“Down2Fish).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113313/000160706222000709/0001607062-22-000709-index.htm

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