Form 8-K

8-K — Advasa Holdings, Inc.

Accession: 0001493152-26-048122

Filed: 2026-10-22

Period: 2026-10-22

CIK: 0002084227

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

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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

22, 2026

ADVASA

HOLDINGS, INC.

(Exact

Name of Registrant as Specified in Its Charter)

Delaware

(State

or Other Jurisdiction of Incorporation)

001-43445

39-3819559

(Commission

File

Number)

(IRS

Employer

Identification

No.)

1-2-7

Moto-Akasake, Minato-ku, Tokyo, Japan

107-0051

(Address

of Principal Executive Offices)

(Zip

Code)

+81-3-6868-5538

(Registrant’s

Telephone Number, Including Area Code)

N/A

(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 (see General Instruction A.2. below):

☐

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))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbols

Name

of each exchange on which registered

Common

Stock, par value $0.00001

ADBT

The

Nasdaq Stock Market LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)

or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

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. ☐

Item

7.01 Regulation FD Disclosure.

October 22, 2026, Advasa Holdings, Inc. (the “Company”) issued a press release announcing that Mr. Asamitsu Kosugi, the Company’s

largest stockholder, has expressed his intention to surrender to the Company, for no consideration, 97,413,140 shares of the Company’s

common stock, representing approximately 20% of the Company’s total outstanding common stock as of the date of this report. A copy

of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The

information in this Item 7.01 and Exhibit 99.1 furnished hereto shall not be deemed “filed” for purposes of Section 18 of

the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section,

nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except

as expressly set forth by specific reference in such a filing.

Item

9.01 Financial Statements and Exhibits.

(d)

Exhibits

99.1

Press Release, dated October 22, 2026

104

Cover

Page Interactive Data File (formatted as Inline XBRL)

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 hereunto duly authorized.

Dated:

October 22, 2026

Advasa

Holdings, Inc.

By:

/s/

Grady Ryther

Name:

Grady

Ryther

Title:

Chief

Executive Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

ADVASA

Announces Proposed Share Forfeiture by Largest Stockholder

Proposed

cancellation would reduce outstanding common stock by approximately 20%

TOKYO

and NEW YORK – Advasa Holdings, Inc. (Nasdaq: ADBT) (“ADVASA” or the “Company”), a fintech payment

holding company delivering Earned Wage Access (“EWA”) and financial infrastructure solutions, today announced that Mr. Asamitsu

Kosugi, the Company’s largest stockholder, has expressed his intention to surrender to the Company, for no consideration, 97,413,140

shares of the Company’s common stock, representing approximately 20% of the Company’s total outstanding common stock.

Proposed

Forfeiture

Under

the transaction, Mr. Asamitsu Kosugi, the Company’s largest stockholder, has advised The Company that he will surrender the shares

without receiving cash, securities or other consideration from the Company. Following completion of the surrender and cancellation, the

surrendered shares will cease to be outstanding. 97,413,140 shares will be surrendered and cancelled. The cancellation will reduce the

Company’s outstanding common stock by approximately 20%, assuming no other changes in the number of outstanding shares.

Conditions

for Completion

The

proposed forfeiture and cancellation have not been completed. Completion remains subject to finalization of the required documentation,

any necessary corporate approvals and completion of the applicable transfer agent procedures. There can be no assurance as to the timing

or completion of the proposed transaction.

About

ADVASA

Advasa

Holdings, Inc. is a fintech company dedicated to delivering financial well-being to all workers. The company operates an Earned Wage

Access (EWA) platform that allows employees to access their earned wages in real time. Leveraging a global patent strategy, it has established

a robust intellectual property foundation across markets such as Japan, the United States, and South Korea. By seamlessly integrating

with major HR/payroll systems and diverse payment infrastructures, including bank transfers and digital wallets, ADVASA plans to expand

into global markets where the demand for financial inclusion is rapidly growing, such as Indonesia and the UAE.

Forward-Looking

Statements

All

statements in this press release of ADVASA and its subsidiaries that are not based on historical fact are forward-looking statements.

These statements are intended to fall within the forward-looking statement provisions of the Private Securities Litigation Reform Act

of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, to

the extent applicable. In particular, the words “estimates,” “believes,” “expects,” “intends,”

“plans,” “anticipates,” “may,” “would,” and similar expressions are intended to identify

forward-looking statements, although not all forward-looking statements are identified by such words. In this press release, forward-looking

statements relate, among other things, to Mr. Kosugi’s intention to surrender shares, the terms, timing and completion of the proposed

forfeiture and cancellation, the expected reduction in outstanding common stock, the resulting changes in proportionate ownership interests,

and the Company’s business and expansion plans. These statements are based on current expectations and assumptions and are subject

to significant risks, uncertainties and other factors, many of which are outside the Company’s control, that could cause actual

results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to, changes to

the proposed transaction or Mr. Kosugi’s intentions; the ability to finalize the required documentation and obtain any necessary

corporate approvals; delays in, or failure to complete, the surrender and transfer agent procedures; changes in the Company’s outstanding

share count; applicable legal and regulatory requirements; and the risks described in the Risk Factors sections of the Company’s

filings with the Securities and Exchange Commission (“SEC”). Copies of these documents are available on the SEC’s website

at www.sec.gov. Readers should not place undue reliance on forward-looking statements. ADVASA undertakes no obligation to update these

statements after the date of this press release, except as required by law.

Contacts

ADVASA Investor Relations

Email:

ir@advasa.co.jp

Website:

https://adbt.io/

Investor

Relations: https://ir.adbt.io

@AdvasaHoldings (https://x.com/AdvasaHoldings)

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