# EDGAR Filing Document

**Accession Number:** 0002094175
**File Stem:** 0001493152-25-022024
**Filing Date:** 2025-11
**Character Count:** 20916
**Document Hash:** 29c0283b49ce4ad890edba24668d4186
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-022024.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001493152-25-022024

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AVAX ONE TECHNOLOGY LTD.
- **CENTRAL INDEX KEY:** 0001826397
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93716
- **FILM NUMBER:** 251474398

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 800-525 WEST 8TH AVENUE
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1
- **BUSINESS PHONE:** 1-866-226-3514

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 800-525 WEST 8TH AVENUE
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AGRIFORCE GROWING SYSTEMS LTD.
- **DATE OF NAME CHANGE:** 20200928
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Zhang Yechuan
- **CENTRAL INDEX KEY:** 0002094175

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 800-525 WEST 8TH AVENUE
- **CITY:** VANCOUVER
- **NON US STATE TERRITORY:** BRITISH COLUMBIA
- **PROVINCE COUNTRY:** A1
- **ZIP:** V5Z 1C6

## Ex-1

**Exhibit 1**

**JOINT FILING AGREEMENT**

**PURSUANT TO RULE 13d-1(k)**

The undersigned acknowledge and agree that the foregoing statement on Schedule 13D, is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13D, shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate.

Dated: November 12, 2025

---

| | |
|:---|:---|
| By: | */s/ Yechuan Zhang* |
| Name: | Yechuan Zhang |
| **Hivemind Capital Partners, LLC** | **Hivemind Capital Partners, LLC** |
| By: | */s/ Yechuan Zhang* |
| Name: | Yechuan Zhang |
| Title: | Authorized Signatory |

---

---

| | |
|:---|:---|
| **Hivemind Validation QOZ GP LLC** | **Hivemind Validation QOZ GP LLC** |
| By: | */s/ Yechuan Zhang* |
| Name: | Yechuan Zhang |
| Title: | Authorized Signatory |

---

---

| | |
|:---|:---|
| **Hivemind Validation Master Fund LP** | **Hivemind Validation Master Fund LP** |
| By: | Hivemind Validation QOZ GP LLC, its general partner |
| By: | Hivemind Capital Partners, LLC, its manager |
| By: | */s/ Yechuan Zhang* |
| Name: | Yechuan Zhang |
| Title: | Managing Partner |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**AGRIFORCE GROWING SYSTEMS LTD.**

*(Name of Issuer)*

**Common Shares, no par value**

*(Title of Class of Securities)*

**C00948304**

*(CUSIP Number)*

**Yechuan Zhang**<br>315 Park Avenue South, 4th Floor<br>New York NY 10010<br>646-588-8629

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**11/05/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **C00948304** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Zhang Yechuan** | Name of reporting person<br>**Zhang Yechuan** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X0** | Citizenship or place of organization<br>**X0** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.9%** | Percent of class represented by amount in Row (11)<br>**9.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** See Item 5 for additional information.

| **CUSIP No.** | **C00948304** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hivemind Capital Partners, LLC** | Name of reporting person<br>**Hivemind Capital Partners, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.9%** | Percent of class represented by amount in Row (11)<br>**9.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** See Item 5 for additional information.

| **CUSIP No.** | **C00948304** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hivemind Validation QOZ GP LLC** | Name of reporting person<br>**Hivemind Validation QOZ GP LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.9%** | Percent of class represented by amount in Row (11)<br>**9.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** See Item 5 for additional information.

| **CUSIP No.** | **C00948304** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hivemind Validation Master Fund LP** | Name of reporting person<br>**Hivemind Validation Master Fund LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**CAYMAN ISLANDS** | Citizenship or place of organization<br>**CAYMAN ISLANDS** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**9245081.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | Aggregate amount beneficially owned by each reporting person<br>**9245081.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**9.9%** | Percent of class represented by amount in Row (11)<br>**9.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** See Item 5 for additional information.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Shares, no par value

**(b) Name of Issuer:**
AGRIFORCE GROWING SYSTEMS LTD.

**(c) Address of Issuer's Principal Executive Offices:**
800-525 West 8th Avenue, Vancouver, BC, A1, V5Z1C6

The securities to which this Schedule 13D (the "Schedule 13D") relates are common shares, no par value (the "Common Shares"), of AgriForce Growing Systems, Ltd. (the "Issuer"). Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.

**Item 4. Purpose of Transaction**

The disclosure set forth above in Item 3 of the Schedule 13D is hereby incorporated by reference in its entirety into this Item 4.

On November 5, 2025, the Board appointed Mr. Zhang to the Board to fill the vacancies created by the resignation of certain directors until the Issuer's 2026 annual general meeting of shareholders or until a successor has been elected and qualified. Mr. Zhang was also appointed as the Chairman of the Board.

Mr. Zhang has an ownership interest in Capital Partners, which serves as the Issuer's asset manager pursuant to an asset management agreement (the "Asset Management Agreement"), dated September 18, 2025, by and between the Issuer and Capital Partners. Pursuant to the Asset Management Agreement, Capital Partners provides discretionary asset management services with respect to the Issuer's assets, in connection with any of the Issuer's digital asset strategies, in exchange for an annual management fee equal to one and one-quarter percent (1.25%) of the Account Size (as defined therein).

As the Chairman of the Issuer, Mr. Zhang may be able to significantly influence the Issuer's business and influence the corporate activities of the Issuer and expects in the future to discuss and make decisions in the ordinary course of his duties regarding plans or proposals with respect to the transactions described in clauses (a) through (j) of this Item 4. Additionally, as significant holders of Common Shares, Mr. Zhang, Capital Partners, GP and Master Fund may be able to significantly influence the Issuer's business and influence the corporate activities of the Issuer, including the transactions described in clauses (a) through (j) of this Item 4.

Except for the disclosure set forth above in Item 3 and this Item 4, the Reporting Persons do not at the present time have any plans or proposals which relate to or would result in:

(a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
(b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
(c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
(d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board of directors;
(e) Any material change in the present capitalization or dividend policy of the Issuer;
(f) Any other material change in the Issuer's business or corporate structure;
(g) Changes in the Issuer's certificate of incorporation, by-laws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
(h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
(i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934; or
(j) Any action similar to any of those enumerated above.

Depending on the factors discussed herein, the Reporting Persons may, from time to time, acquire additional Common Shares and/or retain and/or sell all or a portion of the Common Shares held by the Reporting Persons in the open market or in privately negotiated transactions, and/or may distribute Common Shares to be acquired or held by the Reporting Persons to other entities. Any actions the Reporting Persons might undertake will be dependent upon the review of numerous factors, including, among other things, the price levels of the Common Shares, general market and economic conditions, ongoing evaluation of the Issuer's business, financial condition, operations and prospects, the relative attractiveness of alternative business and investment opportunities, the Reporting Persons' need for liquidity, and other future developments.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The information contained in rows 7, 8, 9, 10, 11 and 13 of the cover pages of this Schedule 13D and the information set forth in or incorporated by reference in Item 2 and Item 3 of the Schedule 13D are hereby incorporated by reference in its entirety into this Item 5.

As of the date hereof, Mr. Zhang, Capital Partners, GP and Master Fund may be deemed to be the beneficial owners of an aggregate of 9,245,081 Common Shares, all of which Mr. Zhang, Capital Partners, GP and Master Fund have sole voting and dispositive power. The holdings of Mr. Zhang, Capital Partners, GP and Master Fund represent an aggregate of approximately 9.9% of the Issuer's outstanding Common Shares (based on 93,112,148 Common Shares reported as issued and outstanding directly by the Issuer to the Reporting Persons).

As of November 5, 2025, Mr. Zhang, Capital Partners, GP and Master Fund may be deemed to be the beneficial owners of an aggregate of 9,245,081 Common Shares, all of which Mr. Zhang, Capital Partners, GP and Master Fund have sole voting and dispositive power. The holdings of Mr. Zhang, Capital Partners, GP and Master Fund represent an aggregate of approximately 9.9% of the Issuer's outstanding Common Shares (based on 93,112,148 Common Shares reported as issued and outstanding directly by the Issuer to the Reporting Persons).

Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein. This Schedule 13D shall not be deemed an admission that any Reporting Person is a member of a group for purposes of Section 13(d) of the Exchange Act or the rules thereunder.

**(b)**
As of the date hereof, Mr. Zhang, Capital Partners, GP and Master Fund may be deemed to be the beneficial owners of an aggregate of 9,245,081 Common Shares, all of which Mr. Zhang, Capital Partners, GP and Master Fund have the sole voting and dispositive power.

As of November 5, 2025, Mr. Zhang, Capital Partners, GP and Master Fund may be deemed to be the beneficial owners of an aggregate of 9,245,081 Common Shares, all of which Mr. Zhang, Capital Partners, GP and Master Fund have the sole voting and dispositive power.

**(c)**
Except for the PIPE Transaction, there were no other transactions by the Reporting Persons in Common Shares as of the date hereof or during the period commencing sixty (60) days prior to the date hereof.

Except for the PIPE Transaction, there were no other transactions by the Reporting Persons in Common Shares as of November 5, 2025 or during the period commencing sixty (60) days prior to November 5, 2025.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The disclosure set forth above in Item 3 and Item 4 of the Schedule 13D is hereby incorporated by reference in its entirety into this Item 6.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Zhang Yechuan

**Signature:** /s/ Yechuan Zhang

**Name/Title:** Yechuan Zhang

**Date:** 11/12/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hivemind Capital Partners, LLC

**Signature:** /s/ Yechuan Zhang

**Name/Title:** Yechuan Zhang/Authorized Signatory

**Date:** 11/12/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hivemind Validation QOZ GP LLC

**Signature:** /s/ Yechuan Zhang

**Name/Title:** Yechuan Zhang/Authorized Signatory

**Date:** 11/12/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hivemind Validation Master Fund LP

**Signature:** By: Hivemind Validation QOZ GP LLC, its general partner, By: Hivemind Capital Partners, LLC, its manager, /s/ Yechuan Zhang

**Name/Title:** Yechuan Zhang/Authorized Signatory

**Date:** 11/12/2025