Company: AVNI
Filing Date: 2025-07-15
Form Type: 10-Q/A
Source: 0001713282-25-000559
Chunk: 2

Company: ARVANA INC
Filing Date: 2025-07-15
Form: 10-Q/A
Chunk 2
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 22 |
| Item 
 3.   |     | Quantitative                                                                                      
 and Qualitative Disclosures About Market Risk                                                     |     |   27 |
| Item 
 4.   |     | Controls                                                                                          
 and Procedures                                                                                    |     |   27 |
| PART 
 II   |     | OTHER                                                                                             
 INFORMATION                                                                                       |     |   29 |
| Item 
 1.   |     | Legal                                                                                             
 Proceedings                                                                                       |     |   29 |
| Item 
 1A.  |     | Risk                                                                                              
 Factors                                                                                           |     |   29 |
| Item 
 2.   |     | Unregistered                                                                                      
 Sales of Equity Securities and Use of Proceeds                                                    |     |   29 |
| Item 
 3.   |     | Defaults                                                                                          
 Upon Senior Securities                                                                            |     |   29 |
| Item 
 4.   |     | Mine                                                                                              
 Safety Disclosures                                                                                |     |   29 |
| Item 
 5.   |     | Other                                                                                             
 Information                                                                                       |     |   29 |
| Item 
 6.   |     | Exhibits                                                                                          |     |   31 |
|      |     | Signatures                                                                                        |     |   31 |
|      |     | Index                                                                                             
 to Exhibits                                                                                       |     |   32 |

| 2 |

<div align='center'>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