secwatch.observer — SEC 8-K summary
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Issuer:     ARVANA INC (AVNI)
CIK:        0001113313
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001607062-22-000709
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113313/000160706222000709/0001607062-22-000709-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113313/000160706222000709/avni111622form8k.htm
  HTML page:      https://secwatch.observer/filing/0001607062-22-000709

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer