Hivemind Validation Master Fund LP 3
3 · AVAX ONE TECHNOLOGY LTD. · Filed May 14, 2026
Insider Transaction Report
Form 3
Hivemind Capital Partners, LLC
10% Owner
Holdings
- 9,245,081(indirect: By Hivemind Validation Master Fund LP)
Common Stock
[F1][F2]
Footnotes (2)
- [F1]On November 5, 2025, the Issuer, Hivemind Validation Master Fund LP, a Cayman Islands exempted limited partnership ("Master Fund"), and certain other investors closed on a private placement, pursuant to which the Issuer issued 9,245,081 shares of common stock to Master Fund in exchange for cash and tokens, equating to a per share purchase price of $2.36. As the result of the Issuer's share repurchase program, Master Fund became a 10% owner on January 27, 2026.
- [F2]The shares are held directly by Master Fund. Hivemind Capital Partners, LLC, a Delaware limited liability company ("Capital Partners"), is the investment manager to Master Fund. Yechuan Zhang ("Mr. Zhang") is the managing partner of Capital Partners and exercises investment and dispositive power over the securities held by Master Fund. Hivemind Validation QOZ GP LLC, a Delaware limited liability company ("GP"), is the general partner of Master Fund. Each of Capital Partners, GP and Mr. Zhang disclaim beneficial ownership of such securities, except to the extent of their pecuniary interest therein. This report shall not be deemed an admission that Capital Partners, GP, Master Fund, Mr. Zhang or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Signature
/s/ Yechuan Zhang, Authorized Signatory|2026-05-14