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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 1, 2026
AVAX
ONE TECHNOLOGY LTD.
(Exact
Name of Registrant as Specified in Charter)
| British
ColumbiaA1 |
|
001-40578 |
|
77-8726885 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
215
South Olive Avenue, Suite 201
West
Palm Beach, Florida |
|
33401 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (604) 757-0952
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common
Shares |
|
AVX |
|
The
Nasdaq Capital Market |
Item
7.01 Regulation FD Disclosure.
On
October 1, 2026, the Company issued a press release announcing an update on its previously authorized $40 million share repurchase program.
A copy of the press release is attached to this report as Exhibit 99.1.
The
information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933,
as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item
9.01 Financial Statements and Exhibits.
| 99.1 |
|
Press Release dated October 1, 2026 |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
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:
October 1, 2026
| AVAX
ONE TECHNOLOGY LTD. |
|
| |
|
|
| By: |
/s/
Peter Wylie Jr. |
|
| Name: |
Peter
Wylie Jr., Interim Chief Executive Officer |
|
Exhibit
99.1

AVAX
One Repurchases 333,500 Shares in September 2026
The
Company Significantly Increased Its Repurchase Volume Due to Market Conditions
WEST
PALM BEACH, FL, October 1, 2026 - AVAX One Technology Ltd. (NASDAQ: AVX) (“AVAX One” or the “Company”), today
announced an update on its $40 million share repurchase program. In the month of September 2026, the Company repurchased 333,500 of its
common shares at an average purchase price per share of $5.36, including all fees and commissions. These repurchases bring AVAX One’s
total repurchases of its common shares as of September 30, 2026, to 836,743 (as adjusted to reflect the Company’s one-for-twelve
reverse stock split effected on June 15, 2026) since November 2025. Approximately $33.9 million remains available under the program.
“We
believe there is a meaningful disconnect between the share price and the intrinsic value of AVAX One,” said Pete Wylie, Interim
Chief Executive Officer and Chief Operating Officer of AVAX One. “Share repurchases represent one of the most direct ways we can
demonstrate conviction in the long-term value of what we’re building at AVAX One. As long as this dislocation persists, we intend
to continue leaning in. Our strong balance sheet gives us the flexibility to allocate capital opportunistically where we believe it can
create the greatest long-term value per share.”
Repurchases
under the program may be made from time to time through open market purchases or other means permitted under applicable securities laws
and regulations. The timing and amount of repurchases will depend on market conditions, capital allocation priorities, regulatory requirements
and other corporate considerations. The Company is not obligated to repurchase any specific number of shares, and the program may be
modified, suspended or discontinued at any time.
About
AVAX One Technology Ltd.
AVAX
One Technology Ltd. (NASDAQ: AVX) is a digital infrastructure company accelerating the transition to an onchain financial economy. The
Company maintains a strategic Avalanche digital asset treasury, accumulating AVAX and generating onchain yield through native staking
and ecosystem participation. It also operates bitcoin mining facilities and develops modular data centers. These three pillars give public
market investors unique exposure to both the onchain economy and the digital infrastructure layer. For more information, please visit
www.avax-one.com.
Forward
Looking Statements
This
press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can generally be identified by the use of
words such as “anticipate,” “expect,” “intend,” “plan,” “could,”
“may,” “will,” “would,” “believe,” “estimate,” “target,”
“project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject
to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement.
Applicable risks and uncertainties include, among others: risks relating to the Company’s operations and business, including
the highly volatile nature of the price of Bitcoin, AVAX, and other digital assets, and the risk that the price of the
Company’s securities may be highly correlated to the price of the digital assets it holds; plans to repurchase the
Company’s common shares and the timing and amount of any such repurchases; increased competition in the data center, AI/HPC,
and digital asset industries; and legal, commercial, regulatory, and technical uncertainties affecting the Company’s business,
as well as those risks and uncertainties identified in the Company’s filings with the U.S. Securities and Exchange Commission.
The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no
obligation to update or revise any of these statements, whether as a result of new information, future events, or
otherwise.
Investor
Relations Contact
Sean
Mansouri, CFA or Aaron D’Souza
Elevate
IR (720) 330-2829
AVX@elevate-ir.com
Media
Contact
Ethan Lyle
Prospero
avax-one@prospero.agency