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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): November 12, 2025
AVAX ONE TECHNOLOGY LTD.
(Exact Name of Registrant as Specified in Charter)
| British Columbia | A1 | 001-40578 | 00-0000000 NA | |
|
(State or other jurisdiction of 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
AGRIFORCE GROWING SYSTEMS, LTD.
(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 ☒
If 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 Shares | AVX | The Nasdaq Capital Market |
Item 5.03 Amendment to Articles of Incorporation
On November 12, 2025, the Company filed an amendment to its governing documents in British Columbia to change its name to AVAX One Technology Ltd. The Company’s ticker symbol on Nasdaq was changed accordingly as of November 13, 2025 to “AVX”.
Item 7.01 Regulation FD Disclosure
On November 12, 2025, AVAX One Technology Inc. (the “Company”) issued a press release regarding its name change and ticker symbol change, which is attached hereto as Exhibit 99.1. The Company also posted this information on its social media channels, mainly on the X and LinkedIn platforms. The script for these posts is attached hereto as Exhibit 99.2.
Item 8.01 Other Information
See Item 7.01 above.
Portions of this Current Report may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that the actual outcomes will not be materially different due to a number of factors. Any such statements are made in reliance on the “safe harbor” protections provided under the Private Securities Litigation Reform Act of 1995. Additional information about significant risks that may impact the Company is contained in the Company’s filings with the Securities and Exchange Commission and may be accessed at www.sec.gov. The Company is under no obligation, and expressly disclaims any obligation, to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
Item 9.01 Exhibits
99.1 Press Release dated November 12, 2025
99.2 Script for Social Media Posts
99.3 Certificate of Change of Name
104 Cover Page Interactive Data File 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.
SIGNATURES
Date: November 13, 2025
| AVAX ONE TECHNOLOGY LTD. | ||
| By: | /s/ Jolie Kahn | |
| Name: |
Jolie Kahn Chief Executive Officer |
|
Exhibit 99.1
AgriFORCE Growing Systems Ltd. Announces Corporate Name Change to AVAX One Technology Ltd.; Ticker Symbol Change to AVX
VANCOUVER, BC and WEST PALM BEACH, FL, November 12, 2025 /PRNewswire/ – AgriFORCE Growing Systems Ltd. (Nasdaq: AGRI) (the “Company”) today announced that it will officially change its name to AVAX One Technology Ltd. and begin trading its common shares under its new ticker symbol “AVX” on the Nasdaq Capital Market. The Company anticipates that these Corporate Events will be effective upon the commencement of trading on the Nasdaq Capital Market on November 13, 2025. The corporate name change and stock ticker symbol change reflect the Company’s evolution of its business strategy in its new Avalanche digital asset treasury initiatives and its future development plans.
There will be no change to the total number of shares outstanding or to shareholders’ rights as a result of this update. Current shareholders of AgriFORCE Growing Systems Ltd. are not required to take any action regarding this change. However, as a result, the Company’s CUSIP number has been updated to 05353F108.
“We have undertaken the name and resulting symbol change to better reflect the transformation of our business into the primary public company participant in the Avalanche ecosystem,” said Jolie Kahn, Chief Executive Officer of AVAX One Technology Ltd. “Our new identity reflects our commitment to innovation by being among the first to offer access to Avalanche as a token and as a potential leader in the advancement of new applications in decentralized finance.”
Under its new name, the Company anticipates that it will be uniquely situated at the juxtaposition of traditional capital markets and blockchain innovation. The Company aims to give shareholders unprecedented access to the Avalanche token and its rapidly expanding blockchain ecosystem, capturing both potential capital appreciation and the growing use of Avalanche across fintech applications. As the foundational portion of its digital asset treasury strategy, the Company aims to build a significant and growing position in AVAX tokens and capital appreciation funded by capital raising efforts as well as the use of staking rewards which are “in-kind” accretions of AVAX tokens.
Avalanche is a high-speed, institutional-grade blockchain designed as a foundational digital settlement layer for the continued growth and innovation in finance-related industries. Its technology is being used by global leaders, such as KKR, Apollo and J.P. Morgan Chase, to be a foundation of the anticipated launch of compliant, customizable blockchains for tokenizing real-world assets.
About AVAX One Technology Ltd.
AVAX One Technology Ltd. (Nasdaq: AVX) is a public company offering investors regulated access to the Avalanche (AVAX) ecosystem. By integrating the reliability of U.S. capital markets with the growth potential of decentralized finance, AVAX One seeks to create a bridge between traditional and digital finance. The Company’s strategy focuses on building a digital-asset treasury, fostering innovation, and investing in decentralized financial technologies that benefit from the Avalanche network. For more information, visit www.avax-one.com This press release includes forward-looking statements within the meaning of Section 27A of the Act, and Section 21E of the Securities Exchange Act of 1934, as amended.
Forward-Looking Statements
These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. These forward-looking statements address various matters including statements relating to the anticipated benefits and timing of the completion of the proposed offering and related transactions, the intended use of proceeds from the PIPE offering, expectations regarding future capital raising activity, the assets to be held by the Company, expectations regarding adoption of the Avalanche network, the expected future market, price and liquidity of the digital assets the Company acquires, the macro and political conditions surrounding digital assets, the Company’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, competitive position and the interest of other entities in similar business strategies, technological and market trends, future financial condition and performance, the expected financial impacts of the proposed transactions described herein, and the timing of the closing of the PIPE offering. 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, the proposed transactions described herein may not be completed in a timely manner or at all; failure to realize the anticipated benefits of the transactions and the proposed AVAX strategy; changes in business, market, financial, political and regulatory conditions; risks relating to the Company’s operations and business, including the highly volatile nature of the price of AVAX and other cryptocurrencies; the risk that the price of the Company’s securities may be highly correlated to the price of the digital assets that it holds; risks related to increased competition in the industries and markets in which the Company does and will operate (including the applicable digital assets market); risks relating to significant legal, commercial, regulatory and technical uncertainty regarding digital assets generally; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes, as well as those risks and uncertainties identified in the Company’s filings with the SEC. 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. The statements made in this press release are not intended to be projections of the Company’s future results nor an offer of a future securities transaction by the Company. Any offering in the future will be made through compliance with all applicable regulations and the filing of appropriate documents with the SEC, as required under those regulations.
Investor Relations Contact
Investor Relations
AVAX One Technology Ltd.
investorrelations@avax-one.com
www.avax-one.com
Media Contact
Ebony Lewkovitz
ebony@edencommunications.com
Exhibit 99.2
SOCIAL COPY (Both Linkedin + X)
It’s official: the AVX ticker is live!
We have now fully transitioned to AVAX One (NASDAQ: AVX), the first publicly traded vehicle designed to give investors institutional-grade access to the onchain financial economy, powered by the Avalanche network.
With this update, allow us to reintroduce ourselves ⬇️
→Our Mission
To give investors regulated exposure to the onchain financial economy by compounding $AVAX ownership and supporting real network adoption, helping build a more transparent, efficient, and profitable financial ecosystem.
→Our Differentiator
Unlike ETFs, AVAX One follows a Berkshire Hathaway–style model: a structure built to accumulate and compound AVAX in the near term, and over time acquire and onboard cash-flowing fintech businesses to the Avalanche network. This creates a self-reinforcing flywheel where asset growth, on-chain yield, and strategic acquisitions compound long-term value across the ecosystem.
→Our Partners
AVAX One is advised by Anthony Scaramucci (SkyBridge Capital) and Brett Tejpaul (Coinbase Institutional), and supported by Hivemind Capital as its asset management partner, applying institutional rigor and an actively managed approach to the treasury strategy.
→Why Avalanche
Avalanche is rapidly becoming the settlement layer for global financial markets. Today, it already powers tokenization, capital markets, and financial infrastructure for institutions such as KKR, Apollo, and J.P. Morgan, establishing the core rails that will bring institutional finance onchain.
🔺 AVAX One (NASDAQ:AVX)
The premier institutional gateway to the onchain financial economy, powered by Avalanche.
Exhibit 99.3
