Advasa Holdings: largest stockholder to surrender 97,413,140 shares

What happened On Oct 22, 2026, Advasa Holdings, Inc. issued a press release announcing that Mr. Asamitsu Kosugi, the Company’s largest stockholder, has expressed his intention to surrender to the Company, for no consideration, 97,413,140 shares of the Company’s common stock, representing approximately 20% of the Company’s total outstanding common stock as of the date of this report.

Key details

• Date of press release: Oct 22, 2026.
• Insider: Mr. Asamitsu Kosugi, described as the Company’s largest stockholder.
• Shares to be surrendered: 97,413,140 shares.
• Approximate portion of outstanding common stock: 20%.

Why it may matter

• Item reported: Item 7.01 — Regulation FD Disclosure, which covers public disclosure of material information; the Company issued a press release announcing the surrender.
  A filing does not show why the insider traded or why the company acted.