SEPTInvestingStart Free

AVX 8-K: Material agreement

AVAX One Technology Ltd.

Filed with the SEC on · accession 0001493152-26-038802

AVX filed a 8-K (current report) with the SEC on Aug 17, 2026. AVAX One Technology Ltd. entered into an amendment with an institutional investor to modify its outstanding debentures, increasing the principal amounts of three notes and raising the required minimum cash/Bitcoin balance from $100,000 to $3,500,000 in exchange for a waiver of a negative covenant… The stock moved -3.3% by the first close after the filing.

Summary of the filing

AVAX One Technology Ltd. entered into an amendment with an institutional investor to modify its outstanding debentures, increasing the principal amounts of three notes and raising the required minimum cash/Bitcoin balance from $100,000 to $3,500,000 in exchange for a waiver of a negative covenant and release of claims.

For details, click here →How to read a 8-K →

Key details

Increased principal amount of note originally issued May 21, 2025$121K
Increased principal amount of note originally issued July 21, 2025$306K
Increased principal amount of note originally issued September 25, 2025$605K
New required minimum cash and Bitcoin balance$3.5M
Previous required minimum cash and Bitcoin balance$100K
Initial debenture principal amount under original SPA$7.7M
Additional debenture principal amount available under original SPA$42.3M
Registrant/issuerAVAX One Technology Ltd.
Debenture holder and counterparty to the amendmentInstitutional Investor (unnamed)
Interim chief executive officerPeter Wylie Jr.

How AVX stock reacted

Close before

$3.15

Aug 14, 2026

First close after

-3.33%

$3.05

5 trading days

+2.85%

$3.25

Since filing

+35.97%

$4.29

✦ Ask GOAX AI about this filing — what it means for AVX, what changed since its last filings and what to watch next.

Try it free for 7 days

🔔 Want to stay updated on new SEC filings for AVX?

Click here

Frequently asked questions

What did AVX file with the SEC on Aug 17, 2026?

AVX filed a 8-K (Material agreement). AVAX One Technology Ltd. entered into an amendment with an institutional investor to modify its outstanding debentures, increasing the principal amounts of three notes and raising the required minimum cash/Bitcoin balance from $100,000 to $3,500,000 in exchange for a waiver of a negative covenant and release of claims.

What does a material agreement mean for AVX stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did AVX stock react to this filing?

AVX closed at $3.15 before the filing and $3.05 on Aug 17, 2026 (-3.33%). Five trading days later: $3.25 (+2.85%).

Other AVX SEC filings

Get alerts when AVX files with the SEC, plus live charts, key levels and news for 13,000+ stocks.

Try SEPT free for 7 days
AVX overviewAVX analysisAVX newsLatest SEC filings