Form 8-K

8-K — AVAX ONE TECHNOLOGY LTD.

Accession: 0001493152-26-046080

Filed: 2026-10-07

Period: 2026-10-07

CIK: 0001826397

SIC: 6199 (FINANCE SERVICES)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

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8-K — form8-k.htm (Primary)

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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

7, 2026

AVAX

ONE TECHNOLOGY LTD.

(Exact

Name of Registrant as Specified in Charter)

British

Columbia A1

001-40578

77-8726885

(State

or other jurisdiction

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 ☒

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

AVX

The

Nasdaq Capital

Market

Item

2.02 Results of Operations and Financial Condition.

October 7, 2026, AVAX One Technology Ltd. (the “Company”) issued a press release announcing a performance update for its

third quarter of 2026. A copy of the press release is attached to this report as Exhibit 99.1.

The

preliminary financial information set forth in the press release is unaudited and based on currently available information. It remains

subject to completion of the Company’s financial closing procedures and is not a comprehensive statement of the Company’s

financial results for the period. This information does not present all information necessary for a complete understanding of the Company’s

results of operations for the period and has not been reviewed by the Company’s independent registered public accounting firm.

Item

7.01 Regulation FD Disclosure.

October 7, 2026, the Company issued a press release announcing a performance update for its third quarter of 2026. 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 7, 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 7, 2026

AVAX

ONE TECHNOLOGY LTD.

By:

/s/

Peter Wylie Jr.

Name:

Peter

Wylie Jr., Interim Chief Executive Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

AVAX

One Announces Significant Balance Sheet Progress In Third Quarter 2026

Eliminated

More Than $14.9 Million of Debt, Further Strengthening Capital Structure and Liquidity

WEST

PALM BEACH, FL, October 7, 2026 - AVAX One Technology Ltd. (NASDAQ: AVX) (“AVAX One” or the “Company”), today

announced significant progress on strengthening its balance sheet during the third quarter of 2026, including a material reduction in

near-term convertible debt and continued share repurchases during the quarter of 333,500 (as adjusted to reflect the Company’s

one-for-twelve reverse stock split effected on June 15, 2026).

During

the third quarter of 2026, approximately $7.1 million of convertible debentures were converted into common shares, approximately $7.4

million of debt was repaid by the Company and $0.4 million of debt was redeemed into common shares. As a result of these conversions,

AVAX One has reduced its convertible debt balance to approximately $970,000 as of September 30, 2026, strengthening its balance sheet

and enhancing financial flexibility and liquidity.

“Q3

marked another period of strong progress for AVAX One, highlighted by a significant reduction in our outstanding convertible debt and

continued execution under our share repurchase program,” said Pete Wylie, Interim Chief Executive Officer and Chief Operating Officer

of AVAX One. “Over the past several months, we have simplified our balance sheet, preserved financial flexibility and allocated

capital where we believe it can generate the greatest value for shareholders. With a stronger financial foundation in place, we believe

we are well positioned to execute on our growth and profitability initiatives as we enter the next phase of our digital asset treasury

strategy.”

of September 30, 2026, AVAX One had approximately 9,987,248 million common shares outstanding, compared with approximately 7,363,270

million as of June 30, 2026.

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. Actual results could differ materially from anticipated or preliminary results or estimates.

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

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