Andrew Trumbach - 30 Jul 2024 Form 4 Insider Report for Awaysis Capital, Inc. (AWCA)

Role: Co-CEO and CFO, Director, 10%+ Owner
Signature: /s/ Andrew Trumbach
Issuer symbol: AWCA
Transactions as of: 30 Jul 2024
Transactions value $: $1,100,000
Form type: 4
Date filed: 27 Jan 2025, 16:00
Previous filing: 03 Apr 2024
Next filing: 19 Sep 2024
SEC: View on sec.gov

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	30 Jul 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 the President, CFO and 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 his 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.

Content

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.

The Reporting Person is the President, CFO and 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 his 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.