Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
AVAX ONE TECHNOLOGY LTD. (AVX) received a Schedule 13G filing from Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein, reporting beneficial ownership of AVX common shares. The reporting group has shared voting and dispositive power over 378,025 common shares, representing 5.11% of the outstanding shares. The percentage is based on 7,397,383 shares outstanding as of August 12, 2026, as disclosed in AVX’s Form 10-Q. The shares are held in funds and accounts advised by Saba Capital, which have the right to receive dividends and sale proceeds.
Key Figures
Shares beneficially owned:378,025 sharesOwnership percentage:5.11%Shares outstanding:7,397,383 shares+4 more
7 metrics
Shares beneficially owned378,025 sharesCommon Shares of AVAX ONE TECHNOLOGY LTD. reported by the Saba reporting group
Ownership percentage5.11%Percentage of AVX common shares beneficially owned by the Saba reporting group
Shares outstanding7,397,383 sharesAVX common shares outstanding as of August 12, 2026, per the company’s Form 10-Q
Sole voting power0 sharesShares over which the reporting persons have sole voting power
Shared voting power378,025 sharesShares over which the reporting persons have shared voting power
Sole dispositive power0 sharesShares over which the reporting persons have sole dispositive power
Shared dispositive power378,025 sharesShares over which the reporting persons have shared dispositive power
"The Reporting Persons have agreed to file this statement jointly in accordance with Rule 13d-1(k)(1)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
beneficial ownerregulatory
"should not be construed as an admission that any of the forgoing persons is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
shared voting powerfinancial
"Shared Voting Power 378,025.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive powerfinancial
"Shared Dispositive Power 378,025.00"
Joint Filing Agreementregulatory
"have entered into a Joint Filing Agreement, dated August 19, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake in AVX does Saba Capital report in this Schedule 13G?
Saba Capital and related reporting persons report beneficial ownership of 378,025 AVX common shares, representing 5.11% of AVAX ONE TECHNOLOGY LTD.’s outstanding common shares, with shared voting and dispositive power over those shares.
How was Saba Capital’s 5.11% ownership in AVX calculated?
The 5.11% ownership is calculated using 7,397,383 AVX common shares outstanding as of August 12, 2026, a figure disclosed in AVAX ONE TECHNOLOGY LTD.’s Form 10-Q filed on August 13, 2026.
Who are the reporting persons in the AVX Schedule 13G filing?
The reporting persons are Saba Capital Management, L.P., Saba Capital Management GP, LLC, and Boaz R. Weinstein. They filed jointly pursuant to a Joint Filing Agreement under Rule 13d-1(k)(1) of the Securities Exchange Act.
What voting and dispositive powers over AVX shares does Saba Capital report?
The reporting persons disclose 0 shares with sole voting or dispositive power and 378,025 shares with shared voting and shared dispositive power over AVAX ONE TECHNOLOGY LTD. common shares.
Who benefits economically from Saba Capital’s AVX share holdings?
The filing states that funds and accounts advised by Saba Capital have the right to receive dividends and proceeds from sales of the AVAX ONE TECHNOLOGY LTD. common shares reported in the Schedule 13G.
What class of AVX securities is covered by Saba Capital’s Schedule 13G?
The filing covers Common Shares, no par value of AVAX ONE TECHNOLOGY LTD., identified by CUSIP 05353F108, with Saba Capital and related parties reporting beneficial ownership in this class.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
AVAX One Technology Ltd.
(Name of Issuer)
Common Shares, no par value
(Title of Class of Securities)
05353F108
(CUSIP Number)
08/13/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
05353F108
1
Names of Reporting Persons
Saba Capital Management, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
378,025.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
378,025.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
378,025.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.11 %
12
Type of Reporting Person (See Instructions)
PN, IA
Comment for Type of Reporting Person: The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
SCHEDULE 13G
CUSIP Number(s):
05353F108
1
Names of Reporting Persons
Boaz R. Weinstein
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
NEW YORK
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
378,025.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
378,025.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
378,025.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.11 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
SCHEDULE 13G
CUSIP Number(s):
05353F108
1
Names of Reporting Persons
Saba Capital Management GP, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
378,025.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
378,025.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
378,025.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.11 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
AVAX One Technology Ltd.
(b)
Address of issuer's principal executive offices:
215 S. Olive Avenue, Suite 201, West Palm Beach, FLORIDA 33401
Item 2.
(a)
Name of person filing:
Saba Capital Management, L.P., a Delaware limited partnership ("Saba Capital"), Saba Capital Management GP, LLC, a Delaware limited liability company ("Saba GP"), and Mr. Boaz R. Weinstein (together, the "Reporting Persons"). The Reporting Persons have entered into a Joint Filing Agreement, dated August 19, 2026, pursuant to which the Reporting Persons have agreed to file this statement and any subsequent amendments hereto jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. The filing of this statement should not be construed as an admission that any of the forgoing persons or the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the Common Stock reported herein.
(b)
Address or principal business office or, if none, residence:
The address of the business office of each of the Reporting Persons is 405 Lexington Avenue, 58th Floor, New York, New York 10174.
(c)
Citizenship:
Saba Capital is organized as a limited partnership under the laws of the State of Delaware. Saba GP is organized as a limited liability company under the laws of the State of Delaware. Mr. Weinstein is a citizen of the United States.
(d)
Title of class of securities:
Common Shares, no par value
(e)
CUSIP Number(s):
05353F108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows (5) - (11) of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
Not Applicable
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Not Applicable
(ii) Shared power to vote or to direct the vote:
Not Applicable
(iii) Sole power to dispose or to direct the disposition of:
Not Applicable
(iv) Shared power to dispose or to direct the disposition of:
Not Applicable
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The funds and accounts advised by Saba Capital have the right to receive the dividends from and proceeds of sales from the Common Stock.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Saba Capital Management, L.P.
Signature:
/s/ Michael D'Angelo
Name/Title:
General Counsel
Date:
08/19/2026
Boaz R. Weinstein
Signature:
/s/ Michael D'Angelo
Name/Title:
Authorized Signatory
Date:
08/19/2026
Saba Capital Management GP, LLC
Signature:
/s/ Michael D'Angelo
Name/Title:
Attorney-in-fact*
Date:
08/19/2026
Comments accompanying signature: *** Pursuant to a Power of Attorney dated as of November 16, 2015
Exhibit Information
Exhibit 1 - Joint Filing Agreement pursuant to Rule 13d-1(k).
