Company Description
Awaysis Capital, Inc. (AWCA) is a real estate management and hospitality company that focuses on residential resort living in what it describes as emerging lifestyle destinations. The company is associated with the real estate services sector and its common stock is quoted on the over-the-counter market under the symbol AWCA. According to its public statements, Awaysis Capital seeks to respond to increased global interest in work-from-home and flexible travel by developing properties that support extended stays, remote work and leisure in the same setting.
The company explains that it aims to transform residential and resort properties in desirable locations into what it calls enclaves. In its description, an enclave is a gated community designed so residents and guests can live, work and play without leaving the property. These enclaves are intended to offer amenities that support both day-to-day living and hospitality uses, aligning with trends in remote work, longer-term travel and resort-style residency.
Business focus and strategy
Awaysis Capital describes itself as a real estate management and hospitality company. Its strategy, as outlined in its news releases and SEC filings, emphasizes acquiring, developing and managing income-generating properties that can support hospitality operations and residential use. The company has highlighted a focus on high-margin, income-generating properties positioned to capture demand for flexible resort living and remote work experiences.
The company has identified Belize as an important market for its activities. Through its wholly owned subsidiary Awaysis Belize Ltd., Awaysis Capital acquired all of the stock and substantially all of the assets of Chial Mountain Ltd., referred to as the Chial Reserve Assets, under an Agreement of Purchase and Sale. The Chial Reserve Assets are described as including real property in Belize. Awaysis Capital has also referred to its flagship Awaysis Chial Reserve and Awaysis Casamora developments in Belize, which it presents as central to its growth platform anchored in that country.
Key properties and developments
Awaysis Casamora is described by the company as a key component of its vision. Public disclosures state that the Casamora property combines luxury, convenience and modern facilities. The company has reported that it is renovating rental units and commercial buildings at this property, with the goal of enhancing curb appeal, expanding the rental pool and increasing sales inventory. It has also indicated that, upon completion, amenities at Casamora are expected to include a gym, remote offices and a restaurant intended to support the resort once it becomes operational.
During renovation phases at Casamora, Awaysis Capital has entered into short-term lease agreements for certain completed commercial buildings on the property. The company has explained that these leases are intended to maximize the utility of finished assets while construction continues on other units. This approach is described as a way to generate value from the property during the development phase while maintaining a longer-term plan for resort-focused amenities.
Awaysis Chial Reserve is another development that the company highlights as part of its Belize portfolio. Awaysis Capital has presented Awaysis Chial Reserve and Awaysis Casamora together as a portfolio that blends residential projects with hospitality opportunities. These projects are described as examples of the company’s strategy to build income-generating properties that can benefit from global demand for flexible resort living and remote work-friendly environments.
Belize-anchored growth platform and partnerships
Awaysis Capital has characterized its growth platform as anchored in Belize. The company has worked with Century 21 Belize, which it describes as a real estate brokerage in Belize with extensive market reach and local expertise. In a joint presentation at the Canada International Property Show, Awaysis Capital and Century 21 Belize showcased a portfolio including Awaysis Chial Reserve and Awaysis Casamora. The company has stated that this collaboration is intended to present interested parties with exposure to hospitality markets in Belize and the wider Caribbean region.
According to the company, participation in international property exhibitions and collaboration with a recognized brokerage are part of efforts to broaden awareness of Awaysis Capital, attract global interest in its projects and highlight the strength of its Belize-based development platform. The company has indicated that it views interest in Belize and the wider Caribbean region as increasing, and it positions its properties to participate in that trend.
Hospitality operations and revenue characteristics
In its SEC filings, Awaysis Capital has described revenue from activities such as monthly booking income of villas, management fee income, rental income and maintenance income. It has also reported revenue from commissions on short-term property rentals. The company has attributed increases in revenue over certain periods to factors such as increased booking and rental revenues, management fee income related to completion of buildings at Casamora and the acquisition of Chial Mountain Ltd. and associated properties.
The company has also discussed sales and marketing expenses related to marketing and support of its products and services, promotional and public relations expenses, and management and administration expenses in support of potential bookings and marketing. General and administrative expenses have been described as including audit and accounting fees, travel and entertainment, payroll and employee benefits, legal fees, filing fees and transfer agent fees, which the company associates with sustaining its corporate existence and public company-related obligations.
Corporate structure and capital markets activity
Awaysis Capital, Inc. is a Delaware corporation. It has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed public offering of common stock. The preliminary prospectus describes a firm commitment underwritten offering and discusses an intended application to list the company’s common stock on the NYSE American under the symbol AWCA, while noting that the stock is currently quoted on an over-the-counter quotation system.
The company has disclosed that it is a smaller reporting company and that it is considered a controlled company under the corporate governance rules of the NYSE American. According to its S-1/A filing, certain executives and an affiliated entity collectively beneficially own a substantial majority of the company’s outstanding common stock, which provides them with majority voting power. The company has indicated that, as a controlled company, it may rely on certain corporate governance exemptions available under exchange rules.
Awaysis Capital has also reported on financing arrangements, including a bridge loan from an entity associated with key executives and secured promissory notes with BOS Investments entities. These financings have been described as supporting development and renovation work at the Awaysis Casamora property, providing working capital and addressing operating needs as the company advances its hospitality operations and prepares for potential capital-raising activities.
Reverse split and share structure actions
In an 8-K filing, Awaysis Capital reported that its board of directors and holders of a majority of its outstanding voting securities approved a reverse split of up to 1-for-20 of the company’s issued and outstanding common stock. The board authorized the company’s co-chief executive officers to determine the final ratio and implement the reverse split within a specified timeframe. The company later disclosed that it had determined a 1-for-20 split ratio and that the board and majority holders approved an extension to effect the reverse split by a later date.
The company’s S-1/A filing references this planned reverse split in connection with the proposed public offering, including adjusted per-share price ranges that take the reverse split into account. The company has noted that the actual public offering price will be determined at the time of pricing and may differ from the assumed price used in the prospectus.
Regulatory reporting and governance
Awaysis Capital files periodic and current reports with the SEC, including Forms 10-K, 10-Q, 8-K and related amendments. The company has described steps taken to address regulatory and audit matters, such as completing a re-audit of its consolidated financial statements for a prior fiscal year after its former audit firm was sanctioned by the SEC, and filing an amended Form 10-K/A that incorporated the re-audit and removed going concern qualifications as of the report date. The company has stated that this re-audit was conducted by an independent auditor in accordance with Public Company Accounting Oversight Board standards.
The company has also filed a Form 12b-25 (NT 10-Q) to notify the SEC of a delay in filing a quarterly report, explaining that it was unable, without unreasonable effort or expense, to compile all required information by the prescribed deadline. In that filing, the company indicated that it expected to file the quarterly report within the extension period allowed under SEC rules.
In addition, Awaysis Capital has reported on corporate governance actions, including board decisions related to review of appraisals and valuations of acquired assets and temporary changes in board leadership in connection with that review. These disclosures provide insight into the company’s internal oversight of significant transactions and asset valuations.
Position within the real estate and hospitality sector
Based on its public descriptions, Awaysis Capital operates at the intersection of real estate services and hospitality. It focuses on properties that can support both residential and resort uses, with an emphasis on gated communities and amenities that facilitate extended stays and remote work. Its Belize-based properties, including Awaysis Chial Reserve and Awaysis Casamora, are central to this approach and are presented as examples of its strategy to develop income-generating assets in resort-driven markets.
For investors and observers, Awaysis Capital’s disclosures highlight several themes: a focus on hospitality-oriented real estate in Belize, efforts to align properties with remote work and flexible living trends, use of both equity and debt financing to support development, and ongoing engagement with U.S. capital markets through SEC filings and a proposed uplisting to a national securities exchange. The company’s filings and news releases provide the primary source of information about its operations, properties and strategic plans.