Lisa-Marie Iannitelli - Jul 30, 2024 Form 4 Insider Report for Awaysis Capital, Inc. (AWCA)

Signature
/s/ Lisa-Marie Iannitelli
Stock symbol
AWCA
Transactions as of
Jul 30, 2024
Transactions value $
$1,100,000
Form type
4
Date filed
1/27/2025, 04:00 PM
Previous filing
Feb 18, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AWCA Convertible Promissory Note Other $1.1M +1 $1,100,000.00 1 Jul 30, 2024 Common Stock, par value $0.01 per share 3.67M $0.30 By Harthorne Capital Inc. F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 24, 2024, the Issuer borrowed an aggregate of $1.1 million (the "Loan") from Harthorne Capital, Inc. ("Harthorne"), which was evidenced by a convertible promissory note (the "Note"), executed by the Issuer and Harthorne on August 2, 2024 with an issue date as of July 30, 2024. Interest on the Loan is 12% per annum, payable, with the principal and any and all fees, costs and expenses then due under the Note, on July 30, 2025 (the "Maturity Date"). The Note is convertible into the common stock of the Issuer, in whole or in part, at the option of Harthorne at any time prior to the Maturity Date, at an exercise price per share of $0.30.
F2 The Reporting Person is an executive director of Harthorne. As such, the reporting person has voting and dispositive control over securities owned by Harthorne. The reporting person disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.