{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-23-000057","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.060656+00:00","generated_at":"2026-06-13T02:24:30.998646+00:00","sec_items":["1.01","3.02","5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Avant Technologies appoints Danny Rittman as CISO with $300K salary payable in shares","bullets":["Danny Rittman appointed Chief Information Security Officer (CISO) effective July 24, 2023.","Base salary $300K/year payable in shares quarterly based on 20-day VWAP; rises to $600K upon up-listing to a national exchange.","One-time $50K cash payment due within 30 days after company raises sufficient equity or working capital.","Rittman concurrently serves as CTO of GBT Technologies (GTCH); company acknowledges no conflict with existing agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-23-000057","json":"https://secwatch.observer/filing/0001740797-23-000057.json","markdown":"https://secwatch.observer/filing/0001740797-23-000057.md","text":"https://secwatch.observer/filing/0001740797-23-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000057/0001740797-23-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000057/avai_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:24:30.998646+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":"5a8d74b4c7","claim":"Danny Rittman was appointed as Chief Information Security Officer at AVAI BIO, INC..","evidence_excerpt":"On July 27, 2023, Avant Technologies, Inc (f/k/a Trend Innovations Holding Inc.) (the “Company”) and Danny Rittman entered into an Employment Agreement pursuant to which Mr. Rittman was retained as Chief Information Security Officer (“CISO”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000057/0001740797-23-000057-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retained"},{"label":"Role","value":"Chief Information Security Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}