Financing ·
AVAX One eliminates $14.9M of debt, reducing convertible notes to ~$970K in Q3
AGRIAvax One Technology Ltd.
AVAX One Technology Ltd. announced significant balance sheet progress for the third quarter of 2026, eliminating more than $14.9 million of debt. Approximately $7.1 million of convertible debentures were converted into common shares, while $7.4 million in debt was repaid and $0.4 million redeemed for equity. These actions reduced the company's outstanding convertible debt balance to approximately $970,000 as of September 30, 2026. The company also reported continued share repurchases during the quarter. AVAX One Technology Ltd. is a digital infrastructure company that maintains an Avalanche digital asset treasury and operates bitcoin mining facilities.