Avax One Technology Ltd
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $26.4M
- Price
- $3.54
- % Change (Daily % change from the live per-ticker quote feed.)
- +11.67%
- Volume
- 30.3K
About
Avax One Technology Ltd is an agricultural technology company dedicated to developing and leveraging proprietary intellectual property to drive improvements in the sector. The firm provides a range of solutions, including expert consulting services, advanced air and surface sterilization technologies, and various other projects. Established on December 22, 2017, its main operational base is located in Vancouver, Canada.
Quick stats
Shares outstanding7.5M
Computed float5.9M
Float / shares78.9%
Key info
SectorTechnology
IndustryHardware, Equipment & Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001826397
Websitehttps://avax-one.com
AI Summary
AI-generated1/21
minorbullishrestructuring
AVAX One Strengthens Balance Sheet Through Successful Restructuring of Convertible Debt Facility
AVAX One Technology completed a restructuring of its convertible debt, retiring approximately $6.8 million in principal held by two institutional investors.
The agreement also amended terms for a third investor, eliminating a key-person covenant and raising the required minimum cash and bitcoin holdings to $3.5 million.
Interim CEO Peter Wylie stated the transaction strengthens the balance sheet and reduces near-term liabilities, allowing focus on the company's core digital asset and mining strategies.
Red flags
- Interim CEO leading the company