Beneficial Ownership Report · SCHEDULE 13G
Avax One Technology Ltd.
AVXNASDAQEQUITYCurrent
Beneficial Ownership Report
Structured filing — SCHEDULE 13G
primary_doc.xml
Subject company
- Company
- AVAX One Technology Ltd.
- Company CIK
- 0001826397
- Street
- 215 S. Olive Avenue
- Street (continued)
- Suite 201
- City
- West Palm Beach
- State / country code
- FL
- Postal code
- 33401
Statement details
- Security class
- Common Shares, no par value
- Event date
- 09/22/2026
- Rule designation
- Rule 13d-1(c)
Reporting person 1
- Name
- NORTH ROCK DIGITAL, LP
- Citizenship / organization
- DE
- Reporting person type
- PN
- Aggregate amount owned
- 720,000.00
- Percent of class
- 9.73
- Sole voting power
- 0.00
- Shared voting power
- 720,000.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 720,000.00
- Aggregate excludes certain shares
- N
- Comments
- The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
Reporting person 2
- Name
- NORTH ROCK DIGITAL GP, LLC
- Citizenship / organization
- DE
- Reporting person type
- OO
- Aggregate amount owned
- 720,000.00
- Percent of class
- 9.73
- Sole voting power
- 0.00
- Shared voting power
- 720,000.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 720,000.00
- Aggregate excludes certain shares
- N
- Comments
- The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
Reporting person 3
- Name
- POSITIVO LLC
- Citizenship / organization
- PR
- Reporting person type
- OO
- Aggregate amount owned
- 710,000.00
- Percent of class
- 9.60
- Sole voting power
- 0.00
- Shared voting power
- 710,000.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 710,000.00
- Aggregate excludes certain shares
- N
- Comments
- The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
Reporting person 4
- Name
- POSITIVO MANAGEMENT LLC
- Citizenship / organization
- PR
- Reporting person type
- OO
- Aggregate amount owned
- 710,000.00
- Percent of class
- 9.60
- Sole voting power
- 0.00
- Shared voting power
- 710,000.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 710,000.00
- Aggregate excludes certain shares
- N
- Comments
- The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
Reporting person 5
- Name
- PHILIP H. PRESS
- Citizenship / organization
- X1
- Reporting person type
- IN
- Aggregate amount owned
- 1,430,000.00
- Percent of class
- 19.33
- Sole voting power
- 0.00
- Shared voting power
- 1,430,000.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 1,430,000.00
- Aggregate excludes certain shares
- N
- Comments
- The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
Reporting person 6
- Name
- ALEXANDER M. WLEZIEN
- Citizenship / organization
- X1
- Reporting person type
- IN
- Aggregate amount owned
- 1,430,000.00
- Percent of class
- 19.33
- Sole voting power
- 0.00
- Shared voting power
- 1,430,000.00
- Sole dispositive power
- 0.00
- Shared dispositive power
- 1,430,000.00
- Aggregate excludes certain shares
- N
- Comments
- The percentages used herein are calculated based upon 7,397,383 shares outstanding as of 8/12/26, as disclosed in the company's 10-Q filed 8/13/26.
Item 1
Issuer
AVAX One Technology Ltd.
Principal executive office address
215 S. Olive Avenue, Suite 201, West Palm Beach, Florida 33401.
Item 2
Citizenship
North Rock is a Delaware limited partnership. North Rock GP is a Delaware limited liability company. Positivo is a Puerto Rico limited liability company. Positivo Management is a Puerto Rico limited liability company. Mr. Press is a citizen of the United States. Mr. Wlezien is a citizen of the United States.
Filing person
This Schedule 13G is being filed jointly pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by: North Rock Digital, LP, a Delaware limited partnership ("North Rock"); North Rock Digital GP, LLC, a Delaware limited liability company and the general partner of North Rock ("North Rock GP"); Positivo LLC, a Puerto Rico limited liability company ("Positivo"); Positivo Management LLC, a Puerto Rico limited liability company and the investment manager of Positivo ("Positivo Management"); Philip H. Press ("Mr. Press"); and Alexander M. Wlezien ("Mr. Wlezien"). Each of the foregoing is sometimes referred to herein individually as a "Reporting Person" and collectively as the "Reporting Persons." North Rock directly owns 720,000 common shares (the "North Rock Shares"), no par value (the "Common Shares"), of AVAX One Technology Ltd. (the "Issuer"), representing approximately 9.73% of the outstanding Common Shares. North Rock GP, as the general partner of North Rock, may be deemed to share voting and dispositive power with respect to the North Rock Shares. Mr. Press and Mr. Wlezien, as the holders of the managing membership interests of North Rock GP and the persons having ultimate authority with respect to investment and trading decisions of North Rock GP, may be deemed to share voting and dispositive power with respect to the North Rock Shares. Positivo directly owns 720,000 Common Shares of the Issuer (the "Positivo Shares"), representing approximately 9.60% of the outstanding Common Shares. Positivo Management has been appointed to direct the investment decisions of Positivo and, in such capacity, may be deemed to share voting and dispositive power with respect to the Positivo Shares. Mr. Press and Mr. Wlezien, as members and Co-Chief Investment Officers of Positivo Management with authority to make and implement investment and trading decisions, may be deemed to share voting and dispositive power with respect to the Positivo Shares. Accordingly, Mr. Press and Mr. Wlezien may be deemed to beneficially own an aggregate of 1,430,000 Common Shares, consisting of the North Rock Shares and the Positivo Shares, in the aggregate, and representing approximately 19.33% of the outstanding Common Shares. The filing of this Schedule 13G shall not be construed as an admission that any Reporting Person is, for purposes of Section 13(d) or 13(g) of the Exchange Act or otherwise, the beneficial owner of any securities reported herein as beneficially owned by such Reporting Person, except to the extent of such Reporting Person's pecuniary interest therein. The Reporting Persons are filing this Schedule 13G jointly pursuant to Rule 13d-1(k)(1). The filing of this Schedule 13G jointly, and the Joint Filing Agreement attached hereto as Exhibit 1, shall not be construed as an admission that any of the Reporting Persons constitute or have formed a "group" within the meaning of Section 13(d)(3) or Section 13(g)(3) of the Exchange Act or Rule 13d-5 thereunder.
Principal business or residence address
1095 Calle Wilson PH-2 Puerta del Condado Condominium San Juan, Puerto Rico 00907
Item 3
Not applicable indication
Y
Item 4
Percent of class
North Rock Digital, LP: 9.73% North Rock Digital GP, LLC: 9.73% Positivo LLC: 9.60% Positivo Management LLC: 9.60% Philip H. Press: 19.33% Alexander M. Wlezien: 19.33%
Amount beneficially owned
North Rock Digital, LP: 720,000 North Rock Digital GP, LLC: 720,000 Positivo LLC: 710,000 Positivo Management LLC: 710,000 Philip H. Press: 1,430,000 Alexander M. Wlezien: 1,430,000 North Rock is the direct owner of the North Rock Shares. North Rock GP, as the general partner of North Rock, may be deemed to beneficially own the North Rock Shares. Mr. Press and Mr. Wlezien, as the holders of the managing membership interests of North Rock GP with ultimate authority over investment and trading decisions, may also be deemed to beneficially own the North Rock Shares. Positivo is the direct owner of the Positivo Shares. Positivo Management, as the investment manager responsible for directing investment decisions of Positivo, may be deemed to beneficially own the Positivo Shares. Mr. Press and Mr. Wlezien, as members and Co-Chief Investment Officers of Positivo Management with authority to make and implement trading decisions, may also be deemed to beneficially own the Positivo Shares. Accordingly, Mr. Press and Mr. Wlezien may be deemed to beneficially own the North Rock Shares and the Positivo Shares, in the aggregate. The Reporting Persons expressly disclaim beneficial ownership of securities reported herein except to the extent of their respective pecuniary interests therein.
Sole voting power
North Rock Digital, LP: 0 North Rock Digital GP, LLC: 0 Positivo LLC: 0 Positivo Management LLC: 0 Philip H. Press: 0 Alexander M. Wlezien: 0
Shared voting power
North Rock Digital, LP: 720,000 North Rock Digital GP, LLC: 720,000 Positivo LLC: 710,000 Positivo Management LLC: 710,000 Philip H. Press: 1,430,000 Alexander M. Wlezien: 1,430,000
Sole dispositive power
North Rock Digital, LP: 0 North Rock Digital GP, LLC: 0 Positivo LLC: 0 Positivo Management LLC: 0 Philip H. Press: 0 Alexander M. Wlezien: 0
Shared dispositive power
North Rock Digital, LP: 720,000 North Rock Digital GP, LLC: 720,000 Positivo LLC: 710,000 Positivo Management LLC: 710,000 Philip H. Press: 1,430,000 Alexander M. Wlezien: 1,430,000 The percentages reported above are based upon 7,397,383 common shares, no par value, outstanding as of August 12, 2026, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on August 13, 2026.
Item 5
Not applicable indication
Y
Item 6
Not applicable indication
N
Ownership on behalf of another person
The partners, members and other investors in North Rock and Positivo have economic interests in the assets of their respective investment vehicles and may have the right to participate in distributions made by such investment vehicles. No person other than a Reporting Person is known to have the right to receive, or the power to direct the receipt of, dividends from, or proceeds from the sale of, securities reported herein representing more than five percent of the outstanding Common Shares of the Issuer.
Item 7
Not applicable indication
Y
Item 8
Not applicable indication
Y
Item 9
Not applicable indication
Y
Item 10
Not applicable indication
N
Certifications
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
Exhibits
Exihibit 1 - Joint Filing Agreement
Signature 1
- Reporting person
- NORTH ROCK DIGITAL, LP
- Signed
- /s/ Philip H. Press
- Title
- Philip H. Press, Manager
- Date
- 09/29/2026
Signature 2
- Reporting person
- NORTH ROCK DIGITAL GP, LLC
- Signed
- /s/ Philip H. Press
- Title
- Philip H. Press, Manager
- Date
- 09/29/2026
Signature 3
- Reporting person
- POSITIVO LLC
- Signed
- /s/ Philip H. Press
- Title
- Philip H. Press, Manager
- Date
- 09/29/2026
Signature 4
- Reporting person
- POSITIVO MANAGEMENT LLC
- Signed
- /s/ Philip H. Press
- Title
- Philip H. Press, Co-Chief Investment Officer
- Date
- 09/29/2026
Signature 5
- Reporting person
- PHILIP H. PRESS
- Signed
- /s/ Philip H. Press
- Title
- Philip H. Press
- Date
- 09/29/2026
Signature 6
- Reporting person
- ALEXANDER M. WLEZIEN
- Signed
- /s/ Alexander M. Wlezien
- Title
- Alexander M. Wlezien
- Date
- 09/29/2026
Filed exhibits
- EX-1 ↗avaxonetech_ex-1.htm
Company context
Current securities
Recent company filings
- Regulation FD DisclosureOct 1, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsSep 29, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD DisclosureAug 19, 2026
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet ArrangementAug 17, 2026
- 10-Q filingAug 13, 2026