AVAX One Announces Significant Balance Sheet Progress In Third Quarter 2026
AVAX One eliminated more than $14.9 million of debt in Q3 2026, cutting its remaining convertible debt balance to roughly $970,000 as of September 30. The reduction came via $7.1 million of debentures converted into shares, $7.4 million of debt repaid, and $0.4 million redeemed into equity, alongside repurchases of 333,500 shares (split-adjusted).
Key figures
- Debt repaid
- $7.4 million
- Debt eliminated
- $14.9 million
- Reverse split ratio
- one-for-twelve
- Shares repurchased q3
- 333500
- Debt redeemed to shares
- $0.4 million
- Shares outstanding jun 30
- approximately 7,363,270
- Shares outstanding sep 30
- approximately 9,987,248
- Convertible debt converted
- $7.1 million
- Remaining convertible debt
- 970000
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