Arvana Inc. Files 8-K for Material Definitive Agreement
Ticker: AVNI · Form: 8-K · Filed: May 7, 2024 · CIK: 1113313
| Field | Detail |
|---|---|
| Company | Arvana INC (AVNI) |
| Form Type | 8-K |
| Filed Date | May 7, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $50,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-K, company-name-change
TL;DR
Arvana Inc. (formerly Turinco Inc.) signed a big deal on 4/29/24. 8-K filed.
AI Summary
On April 29, 2024, Arvana Inc. entered into a material definitive agreement. The company, formerly known as Turinco Inc., is incorporated in Nevada and headquartered in Salt Lake City, Utah. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
This filing indicates a significant new agreement for Arvana Inc., which could impact its business operations and financial performance.
Risk Assessment
Risk Level: medium — The filing itself is procedural, but the 'material definitive agreement' could carry inherent risks depending on its nature, which is not detailed here.
Key Players & Entities
- ARVANA INC. (company) — Registrant
- TURINCO INC (company) — Former company name
- April 29, 2024 (date) — Date of earliest event reported
- 299 S. MAIN STREET (address) — Principal executive offices
- SALT LAKE CITY (location) — City of principal executive offices
- UTAH (location) — State of principal executive offices
- 84111 (zip_code) — Zip code of principal executive offices
- (801) 232-7395 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by Arvana Inc. on April 29, 2024?
The filing does not specify the details of the material definitive agreement; it only reports its entry.
When was Arvana Inc. formerly known as Turinco Inc.?
The date of the name change from Turinco Inc. to Arvana Inc. was May 2, 2000.
Where is Arvana Inc. headquartered?
Arvana Inc.'s principal executive offices are located at 299 S. Main Street, 13th Floor, Salt Lake City, Utah 84111.
What is the filing date for this 8-K report?
This 8-K report was filed as of May 7, 2024, with the earliest event reported on April 29, 2024.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 447 words · 2 min read · ~1 pages · Grade level 12.3 · Accepted 2024-05-07 12:47:52
Key Financial Figures
- $50,000 — gaged Social4orce for an initial fee of $50,000 with a commitment to paying mutually ag
Filing Documents
- avni050624form8k.htm (8-K) — 28KB
- ex10_1.htm (EX-10.1) — 117KB
- 0001607062-24-000158.txt ( ) — 331KB
- avni-20240429.xsd (EX-101.SCH) — 3KB
- avni-20240429_lab.xml (EX-101.LAB) — 33KB
- avni-20240429_pre.xml (EX-101.PRE) — 22KB
- avni050624form8k_htm.xml (XML) — 3KB
01
Item 1.01 E ntry into a Material Definitive Agreement. On April 29, 2024, Arvana Inc. ("Company") entered into a Consulting Services Agreement ("Agreement") with Social4orce, Inc. ("Social4orce") to assist in the development of its business. Social4orce offers expertise in generating a business development strategy, overseeing project management, interpreting market awareness, and accessing capital markets. The Company engaged Social4orce for an initial fee of $50,000 with a commitment to paying mutually agreeable future amounts, determined on a month-to-month basis, as required to accomplish the objectives of the Agreement.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Consulting Services Agreement 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Arvana Inc. Date By: /s/ Ruairidh Campbell May 7, 2024 Name: Ruairidh Campbell Title: Chief Executive Officer and a Director 3