8-K - Awaysis Capital, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Awaysis Capital, Inc. amended the Asset Purchase Agreement and First and Second Promissory Notes related to the Chial Reserve Assets acquisition, extending maturity dates to the earlier of February 28, 2026 or NYSE American up-listing. The Company also extended the maturity of its $3,000,000 BOS Secured Promissory Note to November 28, 2026.

Key Takeaways

1Third Amendment to Asset Purchase Agreement effective February 3, 2026, between Awaysis Belize Ltd. and Chial Mountain Ltd.

2First Promissory Note (~$465,415) maturity extended to earliest of February 28, 2026 or NYSE American listing.

3Second Convertible Promissory Note ($1,600,000, 3.5% interest) maturity extended to earliest of February 28, 2026 or NYSE American listing.

4Fifth Amendment to BOS Secured Promissory Note ($3,000,000) extends maturity to November 28, 2026.

5Chial Reserve Assets originally acquired for adjusted $4,465,415 including $2,400,000 cash at closing.

Current Report Details

Event Type

Material Agreement

Financing

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

is incorporated by reference into this Item 2.03. Item 9.01. Financial Statements and Exhibits. Exhibit Description 10.1 Third Amendment to Agreement of Purchas

Material Agreement

Source Document

2.03

. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. As previously disclosed, the Company borrow

Financing

$3.0M

Transaction Details

Material Agreement

Agreement: Third Amendment to Agreement of Purchase and Sale and First Secured Promissory Note and Second Convertible Promissory Note
Parties: Awaysis Belize Ltd., Chial Mountain Ltd.

•Maturity of First Promissory Note (~$465,415) to earliest of February 28, 2026 or listing of Awaysis Capital, Inc. on NYSE American
•Maturity of Second Convertible Promissory Note ($1,600,000, 3.5% per annum) to earliest of February 28, 2026 or NYSE American listing

Debt / Financing

Exhibits (3)

10.1

EX-10.1

10.2

EX-10.2

8-K