Company: AVNI
Filing Date: 2025-07-17
Form Type: 10-K
Source: 0001713282-25-000574
Chunk: 1

Company: ARVANA INC
Filing Date: 2025-07-17
Form: 10-K
Item: Item 1
Chunk 1
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 note (“ Note”) in the amount of seven hundred thousand dollars
($700,000) payable twenty-four (24) months after the closing date that bears interest of seven and one quarter percent (7¼%) per
annum. Interest on the promissory note is payable on an annual basis. The parties have agreed to extend the maturity date of the Note
to August 15, 2025.

Stockholders
approved a forward stock split of Arvana’s common shares on a 3-for-1 basis effected on April 19, 2023, to stockholders of record
on March 31, 2023. All changes in Arvana’s capital structure have been given retroactive effect in this annual report.

While
Arvana operates its fishing charter business it has continued to seek business opportunities in real estate development. On December 12,
2023, Arvana announced a non-binding memorandum of understanding to acquire the business of FirstShot Centers, LLC (“ FirstShot”),
a Nevada based company intent on expanding its specialty use concept to acquire and repurpose vacant shopping malls, outlet locations
and big box stores throughout the United States to attract new tenants from targeted industries that offer goods or services that are
not available online. The parties are yet to enter into a definitive agreement pending delivery of the FirstShot business and financing
plan.

Arvana

Our
office is located at 299 Main Street, 13th Floor, Salt Lake City, Utah 84111, and our telephone number is (702) 899-1072. AA Registered
Agents, 4869 Nightwood Court, Las Vegas, Nevada 89149, is our registered agent in the State of Nevada.

Arvana
is registered with the Securities and Exchange Commission and traded on the OTC Pink Sheets Current Information Alternative Reporting
electronic platform under the symbol “ AVNI.”

History

Down2Fish
operates a Florida based fishing charter business that offers a range of curated maritime adventures that include inshore, offshore,
and custom charters for fishing enthusiasts, nature lovers and tourists. The business is operated from a private dock in Palmetto, Florida
that services the Tampa Bay area in addition to St Petersburg, Sarasota, Venice, Port Charlotte, and Clearwater. Down2Fish generates
revenue from the sale and provision of fishing charter services.

Services

Down2Fish
offers the following service options for seaborne adventures:

  inshore/coastal                 

  offshore                        

  sight-seeing