Form 8-K

8-K — AVAX ONE TECHNOLOGY LTD.

Accession: 0001493152-26-039236

Filed: 2026-08-19

Period: 2026-08-17

CIK: 0001826397

SIC: 6199 (FINANCE SERVICES)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

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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): August 17, 2026

AVAX

ONE TECHNOLOGY LTD.

(Exact

Name of Registrant as Specified in Charter)

British

ColumbiaA1

001-40578

77-8726885

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

800-525

West 8th Avenue

Vancouver,

BC, Canada

V5Z1C6

(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

5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

Certain Officers.

August 17, 2026 (the “Effective Date”), Chris Polimeni resigned from his role as Chief Financial Officer of AVAX One Technology

Ltd. (the “Company”), effective as of the Effective Date. Mr. Polimeni will remain with the Company as a financial consultant

through December 31, 2026. There was no disagreement with the Company known to an executive officer of the Company on any matter relating

to the Company’s operations, policies or practices in connection with Mr. Polimeni’s departure, nor has Mr. Polimeni been

removed for cause.

August 19, 2026, Stephanie Brady, age 57, was appointed as the Company’s Chief Accounting Officer and the Company’s primary

financial officer. Previously, Ms. Brady served as the Company’s Corporate Controller beginning in January 2026. Since 2021, Ms.

Brady served as the President of Nanook & Company, LLC, a consulting firm she founded that provides accounting, financial and reporting

services to clients, including not-for-profit, privately held and publicly traded organizations. Stephanie has over 30 years of experience

in finance and accounting and is a licensed certified public accountant in New York State. She graduated from Baruch College in New York

City and has worked for national firms such as Deloitte in New York City and Washington, D.C and PricewaterhouseCoopers in Fort Lauderdale,

Florida. Prior to joining AVAX One, Ms. Brady served as SVP of Finance for Accelerate360 Holdings, LLC, previously served as Chief Financial

Officer of a publicly traded company, and was VP of Finance of Seisint Inc during its acquisition by Reed Elsevier Group.

connection with her increased responsibilities, Ms. Brady will receive an increase in her compensation and receive a total payment of

$20,000 per month and is eligible to receive certain incentive compensation for milestones connected to timely filing of the Company’s

financial statements.

Item

7.01 Regulation FD Disclosure.

August 19, 2026, the Company issued a press release announcing the leadership transition. 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 August 19, 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:

August 19, 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 Financial Leadership Change

WEST

PALM BEACH, FL, August 19, 2026 — AVAX One Technology Ltd. (Nasdaq: AVX) (“AVAX One” or the “Company”),

today announced the departure of Chief Financial Officer (“CFO”) Chris Polimeni, effective August 17, 2026. Stephanie Brady,

the Company’s Controller, has been promoted to Chief Accounting Officer and will oversee the Company’s financial reporting

function.

Stephanie

has over 30 years of experience in finance and accounting and is a licensed certified public accountant in New York State. She graduated

from Baruch College in New York City and has worked for national firms such as Deloitte in New York City and Washington, D.C and PricewaterhouseCoopers

in Fort Lauderdale, Florida. Prior to joining AVAX One, Ms. Brady served as SVP of Finance for Accelerate360 Holdings, LLC, previously

served as Chief Financial Officer of a publicly traded company, and was VP of Finance of Seisint Inc during its acquisition by Reed Elsevier

Group.

“I

want to thank Chris for his contributions to AVAX One as we transitioned into being a digital infrastructure company,” said Pete

Wylie, Interim Chief Executive Officer. “Stephanie has been a valued member of our finance team, and we’re confident in her

ability to lead our financial reporting function as we move through this transition.”

Pete

Wylie, the Company’s Interim Chief Executive Officer and Chief Operating Officer, brings prior CFO experience and will support

the finance organization throughout the transition. Separately, the Board continues its previously announced comprehensive search for

a permanent Chief Executive Officer, with global executive search firm ZRG Partners supporting the process.

Mr.

Polimeni’s departure was not the result of any disagreement with the Company regarding its operations, policies, or practices,

and he has agreed to remain available through a consultancy arrangement to ensure a smooth transition.

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; 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. 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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