Awaysis Capital, Inc. filings document the company’s real estate management and hospitality business, including material agreements, subsidiary financing, property-related debt, and capital-structure matters. Recent Form 8-K disclosures cover promissory notes, credit facilities, direct financial obligations, and amendments tied to Belize property assets and development activity.
The filing record also includes registration statement amendments, late-filing notices, shareholder voting disclosures, and financial reporting materials. These documents describe the company’s consolidated reporting, governance actions, financing terms, risk and capital disclosures, and the role of Awaysis Belize Limited in holding and developing Belize resort and residential assets.
Awaysis Capital, Inc. (AWCA) reported revenue of $1,286,305 for the year ended June 30, 2026, versus $441,059 in the prior year; net loss was $2,586,639 versus $2,724,941. Net cash used in operating activities was $787,952, compared with $4,808,550, and cash was $380,773 as of June 30, 2026. During the year, Awaysis issued 22,167,628 common shares to directors’ immediate family members to settle accrued compensation debt.
Liquidity disclosures include approximately $7.4 million of promissory notes scheduled to mature December 8, 2026, and a $2.6 million demand note payable to Laya Management Corporation for which repayment had been demanded. Management’s 12-month forecast projects approximately $315,400 in positive net cash flows, including $1.5 million in anticipated proceeds from a Casamora administrative-building sale. On October 9, 2026, after year-end, the board approved pursuing a Chial Reserve divestiture and unwind in exchange for release or satisfaction of related acquisition obligations; completion remains subject to definitive agreements, required consents, and other conditions.
Awaysis Capital, Inc. said its board passed resolutions on June 29, 2026, accepting Lisa-Marie Iannitelli’s resignation as a director and the ending of her role as Executive Vice President of Investor Relations. The company had previously disclosed that she resigned as a director on April 6, 2026, and later informed the company that she also intended to leave the executive role.
Awaysis Capital, Inc. reported that Lisa-Marie Iannitelli, a director and Executive Vice President of Investor Relations, resigned as a director on April 6, 2026. She later informed the company that she also intended to resign from the executive position.
Awaysis Capital, Inc. (AWCA) notified investors that its Form 10-K for the fiscal year ended June 30, 2026, would be late because it could not timely compile all required disclosures without unreasonable effort or expense. It expects to file no later than the fifteenth calendar day following the prescribed filing date. Part IV lists two other 2026 Form 8-K reports concerning Lisa-Marie Iannitelli’s board resignation and termination as executive vice president.
Awaysis Capital, Inc. reports rising revenue but continued losses in its quarterly filing for the period ended March 31, 2026. Revenue grew to $563,431 for the quarter and $1,173,262 for the nine months, while net losses were $572,595 and $1,907,501, respectively, a modest improvement from the prior year-to-date. Total assets were $18,216,478, driven mainly by $10,857,743 of construction-in-progress and $5,077,319 of fixed assets, against total liabilities of $11,772,711 and stockholders’ equity of $6,443,767. Cash increased to $1,134,260 and the company reports a working capital surplus of about $2.1 million, but includes a going concern discussion due to recurring operating losses. Operations and development are heavily funded through related-party notes, a $3,353,047 related-party line of credit, a $1,100,000 related-party convertible bridge loan, and a new $2,051,500 construction facility from Belize Bank, with several key obligations maturing or targeted for extension to June 15, 2026. Shares outstanding rose to 409,330,095 as of March 31, 2026, largely from equity compensation and stock issued for services, and the board has approved a reverse split of up to 1-for-20, anticipated before September 30, 2026.
Awaysis Capital, Inc. entered into short-term financing arrangements with its board chairman and an affiliated entity. On March 31, 2026, the company issued a promissory note to Chairman Narendra Kini to borrow $50,000 at an interest rate of 8% per year, due on or before May 15, 2026. The loan is unsecured, can be repaid early without penalty, and is not convertible into company equity.
The company also notes a prior unsecured promissory note issued on January 2, 2026 to KiniConsult Inc., an affiliate of Dr. Kini, for $20,000 at 8% interest, also maturing on May 15, 2026 and non-convertible. Together, these related-party notes provide $70,000 of short-term funding on similar terms.
Awaysis Capital, Inc., through its wholly owned subsidiary Awaysis Belize Limited, entered into a new secured credit facility with Belize Bank Limited for BZD $4,103,000 (approximately US $2,051,500). The funds will finance renovation and development of twelve condominiums in San Pedro, Belize.
The facility bears interest at the bank’s prime rate minus 0.5% per year, currently about 8.0%, and matures on September 30, 2035. It features a six-month interest-only period, then 114 monthly amortizing payments, with 50% of condominium sale proceeds applied to principal. The loan is secured by seven villas and a commercial building and is personally guaranteed by Co-CEOs Michael Singh and Andrew Trumbach and an affiliate of Mr. Singh.
Awaysis Capital, Inc. reported sharply higher revenue but continued losses for the six months ended December 31, 2025. Revenue rose to $609,831 from $182,645 a year earlier, driven by hospitality and real estate activity, while the net loss narrowed to $1,334,906 from $1,507,909.
At December 31, 2025, cash was $54,109, inventory-construction in progress was $11,190,215, and total assets were $17,278,356. Total liabilities fell to $10,269,173, helped by converting $2,660,115 of unpaid salaries into 22,167,628 common shares. Stockholders’ equity increased to $7,009,183, with 409,330,095 common shares outstanding.
The company relies heavily on related-party financing, including a $1.1 million 12% convertible bridge loan, a $427,407 senior convertible note, a $1,500,000 non‑interest note, and a $3,352,874 line of credit at 3.5%. Management determined there is no substantial doubt about going concern, citing related‑party support and planned capital raising. Subsequent to quarter-end, Awaysis obtained pre‑approval for a $2,000,000 Belize construction loan to complete its Casamora properties.
Awaysis Capital, Inc. updated the terms of several key promissory notes tied to its Belize resort acquisition and other financing. The company previously agreed to acquire the Chial Reserve Assets for an adjusted aggregate purchase price of approximately $4,465,415, funded by $2,400,000 in cash, an approximately $465,415 secured promissory note and a $1,600,000 senior convertible promissory note bearing 3.5% annual interest.
Effective February 3, 2026, Awaysis and Chial Mountain amended the Asset Purchase Agreement and both promissory notes so they now mature on the earlier of February 28, 2026 or the company’s up-listing to the NYSE American. Separately, Awaysis and BOS Investment Inc. amended a $3,000,000 Secured Promissory Note, extending its maturity date to November 28, 2026.
Awaysis Capital, Inc. reported that its Board of Directors and holders of a majority of its outstanding voting securities have extended the authorization period to carry out a previously approved reverse stock split of its common stock at a ratio of 1-for-20. The Company has confirmed the 1-for-20 split ratio but has not set an effective date. The Board and majority holders approved this additional extension on December 31, 2025, allowing the reverse split to be effected at any time on or before March 31, 2026.