AVAX ONE TECHNOLOGY LTD.: CFO separation and consulting agreement

What happened

• The filing says that on Oct 13, 2026 the company and Chris Polimeni entered into a separation and consulting agreement, effective as of Aug 18, 2026.
• The filing says the agreement provides for Mr. Polimeni’s separation from the company as chief financial officer and an associated separation payment, and that the company will engage Mr. Polimeni as an independently contracted consultant until Mar 31, 2027.
• The filing says Mr. Polimeni will receive a monthly fee of $10,000 for services rendered under the separation and consulting agreement.

Key details

• Separation and consulting agreement dated Oct 13, 2026, effective Aug 18, 2026.
• Consulting term runs through Mar 31, 2027.
• Monthly consulting fee of $10,000.
• The filing describes an associated separation payment (amount not specified in the filing).

Why it may matter

• This disclosure was reported under Item 5.02: departure of directors or certain officers, which covers officer separations and related agreements.
• A filing does not show why the insider traded or why the company acted.