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Current Report · Items 1.01, 8.01, 9.01 · 8-K

AiRWA Inc.

YYAINASDAQEQUITYCurrent

Entry into a Material Definitive Agreement · Other Events

Item 1.01. Entry into a Material Definitive Agreement. On December 18, 2025, AiRWA Inc. (the “ Company ”) entered into a share purchase agreement (the “ Purchase Agreement ”) with certain investors, pursuant to which the Company agreed to sell to such investors 15,382,378 shares (the “ Shares ”) of common stock of the Company, par value $0.001 per share (the “ Common Stock ”), at a purchase price…

Filed Dec 22, 2025Accepted Dec 22, 2025, 4:55 PM ESTCIK 1674440Accession 0001493152-25-028804
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Company context

Current securities

Historical securities (1)

Recent company filings

  1. 10-Q filingSep 22, 2026
  2. 10-K filingSep 21, 2026
  3. NT 10-Q filingSep 14, 2026
  4. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD DisclosureAug 28, 2026
  5. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD DisclosureAug 19, 2026

Disclosure sections

Items 1.01, 8.01, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive Agreement. On December 18, 2025, AiRWA Inc. (the “ Company ”) entered into a share purchase agreement (the “ Purchase Agreement ”) with certain investors, pursuant to which the Company agreed to sell to such investors 15,382,378 shares (the “ Shares ”) of common stock of the Company, par value $0.001 per share (the “ Common Stock ”), at a purchase price of $1.02 per share of Common Stock (the “ Offering ”). The Shares were offered by the Company pursuant to its shelf registration statement on Form S-3 (File No. 333-284188), which was declared effective by the Securities and Exchange Commission on June 11, 2025, a base prospectus dated June 11, 2025, and a prospectus supplement dated December 18, 2025. The Offering is expected to close on December 22, 2025, and the gross proceeds are expected to be approximately $15,690,030, prior to deducting placement agent’s fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the Offering for the furtherance of a previously announced joint venture, corporate acquisitions, working capital and other general corporate purposes. The representations, warranties and covenants contained in the Purchase Agreements were made solely for the benefit of the parties to the Purchase Agreements. In addition, such representations, warranties and covenants (i) are intended as a way of allocating the risk between the parties to the Purchase Agreements and not as statements of fact, and (ii) may apply standards of materiality in a way that is different from what may be viewed as material by stockholders of, or other investors in, the Company. Accordingly, the form of the Purchase Agreement is included with this filing only to provide investors with information regarding the terms of the transaction, and not to provide investors with any other factual information regarding the Company. Moreover, information concerning the subject matter of the representations and warranties may change after the date of the Purchase Agreements, which subsequent information may or may not be fully reflected in public disclosures. The foregoing description of the Purchase Agreements is not complete and are qualified in its entirety by reference to the full text of the form of Purchase Agreement, a copy of which is filed as Exhibits 10.1 to this Current Report on Form 8-K and is incorporated by reference herein. Placement Agency Agreement In connection with the Offering, the Company entered into a placement agency agreement (the “Placement Agency Agreement”), dated December 18, 2025, with A.G.P./Alliance Global Partners (the “Placement Agent”) pursuant to which the Company agreed to pay the Placement Agent a total cash fee equal to 5.0% of the aggregate gross proceeds of the Offering and to reimburse the Placement Agent for (i) up to $15,000 for non-accountable expenses and (ii) up to $55,000 for the out-of-pocket accountable legal expenses incurred by the Placement Agent in connection with the Offering. The foregoing descriptions of the Placement Agency Agreement is not complete and is qualified in its entirety by reference to the full texts of the form of the Placement Agency Agreement, a copy of which is filed as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated by reference herein. The legal opinion and consent of Lucosky Brookman LLP relating to the validity of the securities issued in the Offering is filed herewith as Exhibit 5.1.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events The Company issued press releases announcing the pricing of the Offering on December 19, 2025. A copy of the press release is attached hereto as Exhibits 99.1 and is incorporated herein by reference.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htm

EX-99.1 5 ex99-1.htm EX-99.1 Exhibit 99.1 AiRWA Inc. Announces $15.69 Million Common Stock Registered Direct Priced At Market Close Smyrna, Delaware, Dec. 19, 2025 (GLOBE NEWSWIRE) -- AiRWA Inc. (Nasdaq: YYAI) (the “Company”), a technology licensing company developing a next-generation RWA-focused exchange for the trading of tokenized U.S. equities, today announced that it has entered into securities purchase agreements with investors for the purchase and sale of 15,382,378 shares of common stock at a purchase price of $1.02 per share, pursuant to a registered direct offering, resulting in gross proceeds of approximately $15.69 million, before deducting placement agent commissions and other offering expenses. The closing of the offering is expected to occur on or about December 22, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds for the furtherance of a previously announced joint venture, for corporate acquisitions (although we do not currently have any definitive plans to acquire any specific entities or assets) and for working capital and other general corporate purposes. A.G.P./Alliance Global Partners is act…

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