Form 8-K Filing for AVAX ONE TECHNOLOGY LTD.

2026-08-17SEC Filing 8-K (0001493152-26-038802)

AVAX ONE TECHNOLOGY LTD. (formerly AgriFORCE Growing Systems, Ltd.) entered into an amendment to a Securities Purchase Agreement (SPA) on August 14, 2026. This amendment, made with an investor, involves modifications to existing debentures. Key changes include increasing the principal amounts of three notes originally issued in May, July, and September 2025. Specifically, the notes increased from $110,000 to $121,000, $277,778 to $305,556, and $550,000 to $605,000, respectively. The amendment also alters negative covenants related to a "key person" provision and adjusts the required cash and Bitcoin reserves from $100,000 to $3,500,000. These changes were made in exchange for the investor waiving a negative covenant and releasing related claims. This filing also incorporates information regarding the creation of a direct financial obligation.

Ticker mentioned:AVX