{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-23-000022","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2023-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.337091+00:00","generated_at":"2026-06-17T07:08:37.306292+00:00","sec_items":["1.01","3.02","5.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Trend Innovations issues 26M shares for Avant-AI AI system and 5,000 convertible preferred for Instant Fame assets","bullets":["Acquired Avant-AI text-generation deep learning system from GBT Tokenize; issued 26M common shares with 9-month lock-up.","Acquired Instant Fame technology portfolio from Treasure Drive for 5,000 convertible preferred shares ($5,000 stated value each) convertible at 5% discount to 5-day VWAP.","Engaged Elentina Group for capital markets services at $75,000 quarterly fee paid in common stock priced at 10-day VWAP (floor $0.10).","Both asset acquisitions include unwind right if company fails to up-list to Nasdaq before lock-up expiration."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-23-000022","json":"https://secwatch.observer/filing/0001740797-23-000022.json","markdown":"https://secwatch.observer/filing/0001740797-23-000022.md","text":"https://secwatch.observer/filing/0001740797-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000022/0001740797-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000022/report8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T07:08:37.306292+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":"c9c91e573f526e85fe5d841a3786cfa855b8d2e9","claim":"AVAI BIO, INC. completed an acquisition involving Treasure Drive Ltd. (closed 2023-04-03).","evidence_excerpt":"On April 3, 2023, the Company, entered into an Asset Purchase Agreement (“Treasure APA”) with Treasure Drive Ltd. (“TD”) pursuant to which the Company agreed to acquire a technology portfolio including certain source codes and pending patent applications which have applications in a variety of areas including creating systems and methods of facilitating digital rating and secured sales of digital works as well as core virtual reality platforms known as digital auction systems, rating and secure sales via open bid auctions (“Instant Fame Assets”). At closing, in consideration of the Instant Fame Assets, the Company shall issue to TD 5,000 convertible preferred shares of the Company with a stated valued at $5,000 per share each (the “Preferred Shares”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000022/0001740797-23-000022-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Treasure Drive Ltd."},{"label":"Closing","value":"2023-04-03"}],"fact_type":"ma_transaction"},{"claim_id":"d460fe3c7b14c6e7ff8933906b5574dd04d54af3","claim":"AVAI BIO, INC. underwent a change of control involving GBT Tokenize Corp. (closed 2023-04-03).","evidence_excerpt":"On April 3, 2023, Trend Innovation Holdings, Inc. (the “Company”), entered into an Asset Purchase Agreement (“APA”) along with GBT Tokenize Corp. (“Seller”), which Seller developed and owns a proprietary system and method named Avant-Ai, which is a text-generation, deep learning self-training model that is working based on an innovative, unique concept which learns on its own and constantly enhances its information database with the advantage of unsupervised learning capabilities (the “System”). At closing, in consideration of acquiring the System, the Company shall issue to the Seller 26,000,000 common shares of the Company (the “Shares”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000022/0001740797-23-000022-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"change of control"},{"label":"Counterparty","value":"GBT Tokenize Corp."},{"label":"Closing","value":"2023-04-03"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}