Awaysis Capital, Inc.

AWCA: 10-K · periodic report

Awaysis Capital filed its FY2026 10-K reporting revenue of $1,286,305 (up from $441,059) but a net loss of $2,586,639 and an accumulated deficit of $17,917,948. The filing contains explicit going-concern language, with only $380,773 in cash against $11,056,451 in current liabilities. On October 9, 2026, the Board approved pursuing an unwind of the Chial Reserve acquisition, seeking to return the Belize resort assets in exchange for cancellation of the related acquisition debt. The notes are held by Co-CEO Michael Singh and his affiliate BOS Investment, maturing December 8, 2026, and Singh recused himself from the approval. The filing also discloses ineffective disclosure controls and over $6.4 million in affiliate loans. If the Chial notes cannot be repaid or unwound, the Co-CEO's affiliates could foreclose on collateral securing the notes, potentially costing the company its core properties.

SEC 10-K•9d ago

AWCA: 8-K · leadership change

Awaysis Capital disclosed that Lisa-Marie Iannitelli resigned as a director on April 6, 2026, and subsequently indicated she would also step down as Executive Vice President of Investor Relations. Her resignation letter, filed as Exhibit 99.1, states she resigned due to concerns about the Company's governance processes, execution discipline, and delays surrounding critical regulatory filings. The filing, signed by Co-CEO and CFO Andrew Trumbach, signals internal governance friction at the micro-cap company, and the cited regulatory filing delays may warrant scrutiny by investors.

SEC 8-K•23d ago

AWCA: NT 10-K · late filing

Awayysis Capital filed a Form 12b-25 (NT 10-K) on September 28, 2026, notifying the SEC it cannot timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2026. The company attributed the delay to being unable without unreasonable effort or expense to compile all required disclosure information. The registrant expects to file the Annual Report no later than the fifteenth calendar day following the prescribed due date. It reported no anticipated significant change in results of operations versus the prior fiscal year. The filing also disclosed two missed periodic report obligations: an 8-K dated April 6, 2026 regarding the resignation of director Lisa-Marie Iannitelli, and an 8-K dated June 29, 2026 regarding her termination as Executive Vice President. Combined with the late 10-K, this suggests governance and reporting-process strain worth monitoring.

SEC NT 10-K•27d ago