The CFO departure and transition to a consulting role are now fully documented. Monitor for the appointment of a permanent CFO and any impact on financial reporting cadence.
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Executive Summary
AVAX One Technology Ltd. filed an amended 8-K detailing the formal separation agreement with former CFO Christopher Polimeni, who resigned on August 17, 2026. The agreement includes a separation payment (continuation of monthly fees through August 31, 2026) and a consulting engagement from August 18, 2026, to March 31, 2027, at a monthly fee of $10,000. This is a routine administrative filing that formalizes the CFO's departure and transition to a consulting role, with no material financial impact disclosed.
Key Facts
- CFO Christopher Polimeni resigned effective August 17, 2026.
- Separation agreement entered into on October 13, 2026, effective as of August 18, 2026.
- Polimeni will serve as an independent contractor consultant through March 31, 2027.
- Consulting fee is $10,000 per month.
- Interim CEO Peter Wylie Jr. signed the agreement on behalf of the company.
Financial Impact
Separation payment of undisclosed amount (continuation of monthly fees through Aug 31, 2026) plus $10,000/month consulting fee through March 31, 2027.
Risk Factors
- No permanent CFO named; reliance on interim CEO and former CFO as consultant may create key-person risk.
- Consulting arrangement extends only to March 31, 2027, leaving a gap if a permanent replacement is not found.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K/A Filing (Primary) | 0001493152-26-047463 |
| Document: form8-ka.htm | 0001493152-26-047463 |
| Document: 0001493152-26-047463-index-headers.html | 0001493152-26-047463 |
| Document: 0001493152-26-047463-index.html | 0001493152-26-047463 |
| Document: 0001493152-26-047463.txt | 0001493152-26-047463 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 8-K/A | $4.09 | awaiting T+60 | — | $4.49 (+9.78%) |
Oct 7, 2026 19d ago | 8-K | $6.15 | awaiting T+60 | — | $4.49 (−26.93%) |
Oct 1, 2026 25d ago | 8-K | $6.83 | awaiting T+60 | — | $4.49 (−34.26%) |
Jul 9, 2026 15w ago | 8-K | $5.43 $6.20 | ▲ +14.18% | ▲ +12.55% | $4.49 (−17.31%) |
Jul 6, 2026 16w ago | 8-K | $5.63 $6.79 | ▲ +20.60% | ▲ +18.88% | $4.49 (−20.25%) |
Jun 9, 2026 19w ago | 8-K | $0.4125 $0.3042 | ▼ −26.26% | ▼ −32.43% | $4.49 (+988.48%) |
Jun 2, 2026 20w ago | Press Release | $6.00 $3.54 | ▼ −41.00% | ▼ −42.12% | $4.49 (−25.17%) |
Apr 7, 2026 28w ago | Press Release | $5.92 $5.46 | ▼ −7.71% | ▼ −20.98% | $4.49 (−24.10%) |
Mar 24, 2026 30w ago | Press Release | $7.79 $5.57 | ▼ −28.48% | ▼ −43.10% | $4.49 (−42.35%) |
Mar 5, 2026 33w ago | Press Release | $0.7730 $0.5262 | ▼ −31.93% | ▼ −43.23% | $4.49 (+480.85%) |
US Market Status
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