{"schema_version":"secwatch.filing_event.v1","accession":"0001607062-23-000065","form_type":"8-K","ticker":"AVNI","cik":"0001113313","company_name":"ARVANA INC","filed_at":"2023-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.903102+00:00","generated_at":"2026-06-20T00:50:25.337281+00:00","sec_items":["1.01","2.01","5.06","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Arvana completes acquisition of Down2Fish Charters for $50k cash and $700k note, ceases to be shell company","bullets":["Acquired Down2Fish for $50,000 cash and $700,000 promissory note at 7.25% interest, payable in 24 months.","Down2Fish operates fishing charters from Palmetto, Florida; net loss $66,726 for nine months ended Sep 30, 2022.","Arvana is no longer a shell company following the acquisition.","Down2Fish has limited revenue and operating deficits, raising substantial doubt about its ability to continue as a going concern."],"urls":{"canonical":"https://secwatch.observer/filing/0001607062-23-000065","json":"https://secwatch.observer/filing/0001607062-23-000065.json","markdown":"https://secwatch.observer/filing/0001607062-23-000065.md","text":"https://secwatch.observer/filing/0001607062-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1113313/000160706223000065/0001607062-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1113313/000160706223000065/avni020323form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T00:50:25.337281+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d6aacce9419fdb0f8c907603383ca7dd45becb70","claim":"ARVANA INC completed an acquisition involving LCF Salons, LLC for $50,000 in cash and a promissory note of $700,000 (closed 2023-02-03).","evidence_excerpt":"approval of the Board, consummated the Agreement whereby Down2Fish became a wholly owned subsidiary of Arvana. We acquired Down2Fish in exchange for fifty thousand dollars ($50,000) on closing, and a promissory note in the amount of seven hundred thousand dollars ($700,000) payable twenty-four (24) months after the closing date that bears interest of seven","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1113313/000160706223000065/0001607062-23-000065-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"LCF Salons, LLC"},{"label":"Consideration","value":"$50,000 in cash and a promissory note of $700,000"},{"label":"Closing","value":"2023-02-03"}],"fact_type":"ma_transaction"},{"claim_id":"309314f360327e6fcc7d96c974209247e825c9c6","claim":"ARVANA INC entered into Business Purchase Agreement with LCF Salons, LLC valued at Not disclosed (effective 2022-11-16).","evidence_excerpt":"On November 16, 2022, the Company’s board of directors (“Board”) unanimously approved the terms and conditions of a Business Purchase Agreement (“Agreement”) with LCF Salons, LLC to acquire the sole outstanding membership interest in Down2Fish.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1113313/000160706223000065/0001607062-23-000065-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"LCF Salons, LLC"},{"label":"Value","value":"Not disclosed"},{"label":"Effective","value":"2022-11-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}