Axil Brands, Inc. (AXIL) Form SCHEDULE 13D/A — Oct 20, 2026
Jeff Toghraie and Intrepid Global Advisors filed Amendment No. 9 to their Schedule 13D on Axil Brands, reflecting that a Voting Agreement and Irrevocable Proxy with Don Frank Nathaniel Vasquez expired on October 17, 2026. As a result, Intrepid and Toghraie no longer have voting power over the 1,275,000 shares held directly by Vasquez, and Vasquez is no longer a reporting person on the Schedule 13D. Toghraie remains a beneficial owner of 2,524,538 shares, or approximately 31.2% of Axil Brands' 6,822,681 shares outstanding, while Intrepid beneficially owns 2,019,538 shares (~26.6%).
Key figures
- Option 1 shares
- 155000
- Option 2 shares
- 350000
- Shares outstanding
- 6822681
- Intrepid shares owned
- 2019538
- Toghraie shares owned
- 2524538
- Intrepid percent owned
- 26.6%
- Toghraie percent owned
- 31.2%
- Option 1 exercise price
- 1.8
- Option 2 exercise price
- 4.01
- Preferred conversion ratio
- 20:1
- Voting agreement expiry date
- 2026-10-17
- Shares removed from voting agreement
- 1275000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.