AVAX ONE TECHNOLOGY LTD. (AVX) SEC Filings & Earnings Calls

High correlation of stock price to volatile digital asset prices (Bitcoin, AVAX).

“Risks include 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.”

CFO departure may signal instability; transition risk.

“CFO resigned effective immediately; internal promotion to CAO.”

Tighter liquidity covenant may increase financial constraints.

“Minimum cash/Bitcoin requirement increased to $3.5M from $100K.”

Digital asset price volatility

“Unrealized loss (gain) on market valuation of digital assets 29,755 (116) 29,871 *” · word for word

Concentration risk on Avalanche ecosystem

“Due to the current nature of our operations and the scale of business transacted on the Avalanche Network, a concentration could potentially result in a vulnerability.” · word for word

Nasdaq delisting risk (resolved)

“On March 13, 2026, the Company received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) that it no longer complied with Rule 5550(a)(2) of Nasdaq’s Listing Rules” · word for word

CEO departure

“Jolie Kahn resigned as the Company’s Chief Executive Officer (“CEO”), effective July 3, 2026” · word for word

Company is restructuring debt at a premium, indicating potential financial distress and increased credit risk.

“Paying 110% of principal to exit investors and increasing principal with remaining investor.”

Covenant modifications and increased cash/Bitcoin requirement suggest tighter liquidity constraints.

“Cash and Bitcoin requirement increased from $100,000 to $3,500,000.”

Subject to one-year mandatory panel monitor; any future non-compliance could lead to delisting without cure period

“Company will be subject to a mandatory panel monitor for a period of one year... if the staff of Nasdaq determines that the Company is again out of compliance... the Company will not be permitted to submit a plan of compliance” · word for word

CEO departure creates leadership uncertainty; interim CEO may lack long-term strategic vision.

“CEO resigned effective immediately; Board initiated search for permanent CEO”

Nasdaq delisting risk

“the Company received a letter from Nasdaq that it no longer complies with Rule 5550(a)(2) of Nasdaq’s Listing Rules which require listed securities to maintain a minimum bid price of $1 per share.” · word for word

Digital asset price volatility

“Unrealized loss on market valuation of digital assets 36,302 36 36,266 100739%” · word for word

Concentration on Avalanche ecosystem

“a concentration could potentially result in a vulnerability... a dissolution of the Avalanche Foundation or an inability of the Avalanche public blockchain network and/or AVAX tokens to function as expected, could result in near-term severe impacts to our business.” · word for word

Going Concern Risk

“the audit report contained a paragraph indicating that there was substantial doubt about the Company’s ability to continue as a going concern.” · word for word

Nasdaq Delisting Risk

“In order to have the ability in the future to meet any potential regulatory requirements for listing on Nasdaq.” · word for word

Dilution Risk from Reverse Split

“Current stockholders will likely experience dilution as a result of the Reverse Stock Split.” · word for word

Compensation Misalignment

“Jolie Kahn 2025 $910,905 2024 $337,611”

Nasdaq Delisting Risk

“On March 13, 2026, we received a notice from the Nasdaq Stock Market LLC stating that, for the last 30 consecutive business days, the closing bid price for our common shares had been below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market.” · word for word

Going Concern / Liquidity Risk

“We have limited capital, and we do not currently generate sufficient cash from our business to fund our operations to fund our expansion.” · word for word

AVAX Price Concentration Risk

“because our DAT strategy is initially concentrated in AVAX, adverse developments specific to AVAX, including protocol-level failures, governance decisions, validator network instability, or ecosystem contraction, could disproportionately impact our financial condition.” · word for word

Investment Company Act Risk

“If we were to be deemed an investment company under the 1940 Act in the future, restrictions imposed by the 1940 Act...likely would make it impractical for us to continue our business as contemplated” · word for word

Going concern risk

“The accompanying interim financial statements have been prepared on a going concern basis... The interim financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of this uncertainty.” · word for word

Debt extinguishment losses

“Loss (Gain) on debt extinguishment 5,389,071 for Q3 2025 vs (75,119) for Q3 2024.” · word for word

Cryptocurrency price volatility

“The Company’s primary source of revenue is from its bitcoin mining operations.” · word for word