Awaysis Capital Reports Definitive Agreement & Asset Deal
Ticker: AWCA · Form: 8-K · Filed: Jan 7, 2025 · CIK: 1021917
| Field | Detail |
|---|---|
| Company | Awaysis Capital, Inc. (AWCA) |
| Form Type | 8-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $5,500,000, $2,400,000, $1,500,000, $1,600,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, acquisition, financial-obligation
TL;DR
Awaysis Capital inked a deal and closed an asset transaction on Dec 31, 2024.
AI Summary
Awaysis Capital, Inc. reported on December 31, 2024, entering into a material definitive agreement and completing an acquisition or disposition of assets. The company also incurred a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the agreement, acquisition, and financial obligations are expected to be filed as exhibits.
Why It Matters
This filing indicates significant corporate actions, including a new agreement and asset transaction, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements and asset transactions, which inherently carry business and financial risks that are not fully elaborated in this initial report.
Key Players & Entities
- Awaysis Capital, Inc. (company) — Registrant
- December 31, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 000-21477 (identifier) — SEC File Number
FAQ
What type of material definitive agreement did Awaysis Capital, Inc. enter into?
The filing states that Awaysis Capital, Inc. entered into a material definitive agreement, but the specific nature of the agreement is not detailed in this section and is likely to be found in the exhibits.
What was the nature of the asset acquisition or disposition by Awaysis Capital, Inc. on December 31, 2024?
The filing indicates the completion of an acquisition or disposition of assets by Awaysis Capital, Inc. on December 31, 2024, with further details expected in the accompanying exhibits.
What direct financial obligation or off-balance sheet arrangement was created by Awaysis Capital, Inc.?
Awaysis Capital, Inc. reported the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement on December 31, 2024, with specifics to be provided in the exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing by Awaysis Capital, Inc. occurred on December 31, 2024.
What is Awaysis Capital, Inc.'s state of incorporation?
Awaysis Capital, Inc. is incorporated in Delaware.
Filing Stats: 1,147 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2025-01-07 17:00:15
Key Financial Figures
- $5,500,000 — d purchase price for the Transaction is $5,500,000, subject to potential adjustments, cons
- $2,400,000 — tential adjustments, consisting of: (i) $2,400,000 in cash; (ii) a $1,500,000 secured prom
- $1,500,000 — ting of: (i) $2,400,000 in cash; (ii) a $1,500,000 secured promissory note, dated December
- $1,600,000 — mpany to the NYSE American; and (iii) a $1,600,000 senior convertible promissory note, dat
Filing Documents
- form8-k.htm (8-K) — 48KB
- ex10-1.htm (EX-10.1) — 44KB
- ex10-2.htm (EX-10.2) — 167KB
- ex10-3.htm (EX-10.3) — 36KB
- ex10-4.htm (EX-10.4) — 80KB
- 0001493152-25-001251.txt ( ) — 605KB
- awca-20241231.xsd (EX-101.SCH) — 3KB
- awca-20241231_lab.xml (EX-101.LAB) — 33KB
- awca-20241231_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES 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 thereunto duly authorized. Date: January 7, 2024 AWAYSIS CAPITAL, INC. By: /s/ Andrew Trumbach Name: Andrew Trumbach Title: Co-CEO and CFO