Company: AVNI
Filing Date: 2025-07-15
Form Type: 10-Q/A
Source: 0001713282-25-000561
Chunk: 1

Company: ARVANA INC
Filing Date: 2025-07-15
Form: 10-Q/A
Chunk 1
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 |   29 |
| Item 4.  |     | Controls and Procedures                                |   29 |
| PART     
 II       |     | OTHER                                                  
 INFORMATION                                            |   31 |
| Item 1.  |     | Legal Proceedings                                      |   31 |
| Item 1A. |     | Risk Factors                                           |   31 |
| Item 2.  |     | Unregistered Sales of Equity Securities and Use of     
 Proceeds                                               |   31 |
| Item 3.  |     | Defaults Upon Senior Securities                        |   31 |
| Item 4.  |     | Mine Safety Disclosures                                |   31 |
| Item 5.  |     | Other Information                                      |   31 |
| Item 6.  |     | Exhibits                                               |   32 |
|          |     | Signatures                                             |   33 |
|          |     | Index to Exhibits                                      |   34 |

<div align='center'>2

PART I</div>

| ITEM 1. | CONDENSED                                     
 CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) |

As used herein, the terms “Arvana,” “we,” “our,” and “us” refer to Arvana Inc., its subsidiary, and its predecessor, unless context indicates otherwise. Any distinct references to Down2Fish or D2F refer to Down 2 Fish Charters, LLC, a wholly owned subsidiary of Arvana. In the opinion of management, the accompanying unaudited condensed financial statements included in this Form 10-Q reflect all adjustments (consisting only of normal recurring accruals) necessary for a fair presentation of the results of operations for the periods presented. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year.

Non-Reliance on Previously Issued Financial Statements

The Company previously filed a Form 10-Q containing financial statements that were not audited by the Company’s independent auditor. The Company concluded these financial statements, as restated, materially impact the previously issued financial statements relating to the three and nine months ended September 30, 2024.

The following unaudited condensed consolidated financial statements have been restated to correct errors identified in the Company’s previously filed Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2024:

<div align='center'>3</div>

| ARVANA                                   
 INC.