{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-23-000069","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2023-08-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.060871+00:00","generated_at":"2026-06-11T06:59:09.613946+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Avant signs $375K/quarter advisor deal with Timothy Lantz for product & market strategy","bullets":["Timothy Lantz appointed Chief Product & Market Strategy Advisor effective Aug 1, 2023; receives $375K quarterly (40% cash min, rest in stock at 15% VWAP discount, floor $0.10).","If Avant lists on Nasdaq, quarterly fee increases to $450K retroactive to Aug 1, 2023; payments then in cash.","Term runs Aug 1, 2023 to July 31, 2024, extendable by mutual consent; 30-day termination for convenience by either party.","Advisor currently serves as senior executive at a private AI/tech company; agreement acknowledges outside work.","Shares issued are unregistered; advisor accredited investor."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-23-000069","json":"https://secwatch.observer/filing/0001740797-23-000069.json","markdown":"https://secwatch.observer/filing/0001740797-23-000069.md","text":"https://secwatch.observer/filing/0001740797-23-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000069/0001740797-23-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000069/avai_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:59:09.613946+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}