IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — AVX

August 19, 2026View Source ↗

AVAX One Technology Ltd. announced that Chief Financial Officer Chris Polimeni resigned effective August 17, 2026, with no disagreements cited and a consultancy arrangement through December 31, 2026. Stephanie Brady was appointed as Chief Accounting Officer and primary financial officer, receiving $20,000 per month plus milestone incentives. Interim CEO Peter Wylie Jr. will support the finance organization while the board searches for a permanent CEO with ZRG Partners. AVAX One Technology Ltd. operates in the digital infrastructure industry, maintaining an Avalanche digital asset treasury, operating bitcoin mining facilities, and developing modular data centers.

August 17, 2026View Source ↗

AVAX One Technology Ltd. entered into an amendment to a previously disclosed Securities Purchase Agreement on August 14, 2026. In exchange for a waiver of a negative covenant and a release of related claims, the Company agreed to increase the principal amounts of three existing notes: a May 21, 2025 note from $110,000 to $121,000, a July 21, 2025 note from $277,778 to $305,556, and a September 25, 2025 note from $550,000 to $605,000. The amendment also modifies negative covenants regarding a key person provision and increases the required cash and Bitcoin balance from $100,000 to $3,500,000. The company operates in the technology sector.

August 5, 2026View Source ↗

AVAX One Technology Ltd. restructured its convertible debenture facility, retiring approximately $6.8 million in principal and paying related premiums and accrued interest to strengthen its balance sheet. Two investors received full payoff amounts equal to 110% of their funded principal plus accrued interest, resulting in the cancellation of their unfunded portions. A third investor agreed to increase its note principal from $7.7 million to $8.47 million while receiving a partial repayment of $1.05 million plus accrued interest. The company also amended covenants for the remaining investor, raising the required minimum cash and Bitcoin holdings from $100,000 to $3.5 million and modifying key-person provisions. AVAX One Technology Ltd. operates in the digital infrastructure industry, maintaining an Avalanche digital asset treasury, bitcoin mining operations, and modular data center initiatives.

July 6, 2026View Source ↗

On July 3, 2026, Jolie Kahn departed from her role as CEO by mutual agreement. Peter Wylie Jr., the current COO, has been appointed interim CEO and will receive total compensation of $40,000 per month. Under a Separation and Release Agreement dated July 5, 2026, Ms. Kahn will receive a $160,000 lump sum cash payment, reimbursement for medical insurance costs, and a grant of unregistered common stock valued at $250,000. The company operates in the technology industry.

June 9, 2026View Source ↗

AVAX One Technology Ltd. posted a new investor presentation to its website and filed it as Exhibit 99.1. The company is a technology company providing services or products in the technology sector.