---
schema_version: "secwatch.filing_event.v1"
accession: "0001740797-24-000003"
form_type: "8-K"
ticker: "AVAI"
cik: "0001740797"
company_name: "AVAI BIO, INC."
filed_at: "2024-01-19T23:59:59+00:00"
generated_at: "2026-06-06T21:23:19.922263+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Avant Technologies hires Jared Pelski as VP of Business Development with $200K salary and equity incentives

## Summary
- Jared Pelski appointed Vice President – Business Development effective January 17, 2024.
- Base salary of $200,000 per year, annual cash bonus up to 25% of base, and one-time $25,000 sign-on bonus.
- Initial ISO grant for 0.6% of outstanding common stock at $0.01 strike price, 4-year vesting with 1-year cliff.
- Eligible for Restricted Stock Awards at 15% discount to VWAP; up-listing bonus of $300,000 RSA if Nasdaq-listed.
- Commission on sales and origination bonus for capital raised using Lehman scale.

## SEC filing metadata
- accession: 0001740797-24-000003
- form_type: 8-K
- ticker: AVAI
- cik: 0001740797
- company_name: AVAI BIO, INC.
- filed_at: 2024-01-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1740797/000174079724000003/0001740797-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1740797/000174079724000003/avai8k_j.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001740797-24-000003
- JSON: https://secwatch.observer/filing/0001740797-24-000003.json
- Plain text: https://secwatch.observer/filing/0001740797-24-000003.txt

## Key facts
- Executive change
  Jared Pelski was appointed as Vice President – Business Development at AVAI BIO, INC..
  - Action: appointed
  - Role: Vice President – Business Development
  source text: Mr. Pelski assumed the role of Vice President – Business Development at the Company on January 17, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1740797/000174079724000003/0001740797-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.