{"schema_version":"secwatch.filing_event.v1","accession":"0001740797-23-000083","form_type":"8-K","ticker":"AVAI","cik":"0001740797","company_name":"AVAI BIO, INC.","filed_at":"2023-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.279243+00:00","generated_at":"2026-06-07T14:18:48.001750+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Avant Technologies signs co-development deal with Wired-4-Tech for AI submersion cooling infrastructure","bullets":["Wired-4-Tech will exclusively develop proprietary hardware/software for Avant's AI infrastructure and submersion cooling systems.","Avant receives exclusive perpetual license and full IP assignment upon completion and payment.","Payment terms require Avant to raise working capital; initial deposit mutually agreed to start work.","Agreement term is three years; termination allowed for material breach with 30-day cure for Avant, 45-day for Developer.","IP reverts to Wired-4-Tech if Avant becomes insolvent; Avant's licensees become direct licensees of Developer."],"urls":{"canonical":"https://secwatch.observer/filing/0001740797-23-000083","json":"https://secwatch.observer/filing/0001740797-23-000083.json","markdown":"https://secwatch.observer/filing/0001740797-23-000083.md","text":"https://secwatch.observer/filing/0001740797-23-000083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000083/0001740797-23-000083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000083/avai_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T14:18:48.001750+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":"26fc9e09fef827ff1c30edc79077be407364f020","claim":"AVAI BIO, INC. entered into Technology Co-Development Agreement with Wired-4-Tech, Inc. valued at development fee in U.S. dollars; exclusive perpetual license and transfer of all intellectual proper (effective 2023-12-11).","evidence_excerpt":"On December 11, 2023 (the \"Effective Date\"), Avant Technologies, Inc. (\"Client\") and Wired-4-Tech, Inc. (\"Developer\") entered into a Technology Co-Development Agreement (the \"Agreement\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1740797/000174079723000083/0001740797-23-000083-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"license"},{"label":"Counterparty","value":"Wired-4-Tech, Inc."},{"label":"Value","value":"development fee in U.S. dollars; exclusive perpetual license and transfer of all intellectual proper"},{"label":"Effective","value":"2023-12-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}