{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-23-000060","form_type":"8-K/A","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.060450+00:00","generated_at":"2026-06-13T02:24:17.285609+00:00","sec_items":["5.02","1.01","3.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Avant Technologies names Danny Rittman CISO; $300K annual salary paid in shares, contingent cash bonus","bullets":["Appointment effective July 24, 2023; base salary $300,000/year in common shares, rising to $600,000 on up-listing to national exchange.","Quarterly stock issuances equal $75,000 divided by 20-day VWAP; one-time $50,000 cash bonus due within 30 days of equity financing.","Term expires August 1, 2024; either party may terminate without cause on 30 days' notice.","Rittman concurrently serves as CTO of GBT Technologies (OTC: GTCH); company states no conflict with his new role."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-23-000060","json":"https://secwatch.observer/filing/0001740797-23-000060.json","markdown":"https://secwatch.observer/filing/0001740797-23-000060.md","text":"https://secwatch.observer/filing/0001740797-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000060/0001740797-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000060/avai_8kam.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:24:17.285609+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":"f9ecb86fb3","claim":"Danny Rittman was appointed as Chief Information Security Officer at AVAI BIO, INC..","evidence_excerpt":"On July 24, 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/1740797/000174079723000060/0001740797-23-000060-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"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"}