Awaysis Capital, Inc. 8-K

What Happened
Awaysis Capital, Inc. filed an 8-K on January 6, 2026 reporting that its Board and holders of a majority of outstanding voting securities approved an extension to effect a previously authorized reverse stock split. In September 2024 the Board and majority holders approved a reverse split of up to 1-for-20 and authorized the company’s Co-CEOs to set the final ratio and implement the split. The Company has set the ratio at 1-for-20 but has not yet set an effective date. On December 31, 2025 the Board and majority holders approved an additional extension to effect the 1-for-20 reverse split prior to March 31, 2026.

Key Details

• Reverse split ratio set at 1-for-20 (determined by the company).
• Initial approval: September 2024; Co-CEOs authorized to set final ratio and timing.
• Extension approved: December 31, 2025 to effect the reverse split on or before March 31, 2026.
• Filing date of this 8-K: January 6, 2026; no effective split date announced yet.

Why It Matters
A reverse stock split reduces the number of outstanding shares and proportionally increases the per‑share price; holders’ overall ownership percentage and total economic value do not change solely because of the split. Investors should note there is no effective date yet—watch for a future filing that will announce the effective date, the mechanics for fractional shares, and any changes to trading or listing status.