---
schema_version: "secwatch.filing_event.v1"
accession: "0001740797-24-000035"
form_type: "8-K"
ticker: "AVAI"
cik: "0001740797"
company_name: "AVAI BIO, INC."
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:34:34.947866+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Avant Technologies enters $20M equity financing agreement with GHS Investments at 80% discount

## Summary
- Up to $20M of common stock over 24 months; purchase price is 80% of lowest traded price in prior 10 trading days.
- After NASDAQ uplist, price becomes 90% of lowest VWAP with $0.50 floor; puts capped at $500K each.
- Company can initiate puts only when registration effective; GHS ownership limited to 4.99% of outstanding shares.
- First closing requires $8,000 deposit to investor's legal counsel for transaction costs.

## SEC filing metadata
- accession: 0001740797-24-000035
- form_type: 8-K
- ticker: AVAI
- cik: 0001740797
- company_name: AVAI BIO, INC.
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1740797/000174079724000035/0001740797-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1740797/000174079724000035/avai_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001740797-24-000035
- JSON: https://secwatch.observer/filing/0001740797-24-000035.json
- Plain text: https://secwatch.observer/filing/0001740797-24-000035.txt

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