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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event
reported): September 19, 2024
ARAX HOLDINGS CORP.
(Exact name of Registrant as specified in
its charter)
| Nevada |
|
333-185928 |
|
99-0376721 |
| (State or other jurisdiction of incorporation or organization) |
|
(Commission File Number) |
|
(IRS employer identification no.) |
| |
|
|
|
|
820 E Park Ave Bld D200
Tallahassee, Florida |
|
|
|
82801 |
| (Address of principal executive offices) |
|
|
|
(Zip Code) |
Registrant’s
telephone number, including area code: 850
254
1161
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| N/A |
|
N/A |
|
N/A |
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
| |
Emerging growth company ☐ |
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 1.01 |
Entry into a Material Definitive Agreement. |
On September 17,
2024, Arax Holdings Corp. (“Arax”) entered into an 18-month strategic partnership agreement with LvlUp Ventures, a
multi-stage venture capital firm with a global presence. The agreement includes Arax’s participation in the NextUp Incubator
Program, a platform designed to accelerate high-potential startups through commercialization, scalability, and revenue generation.
Under this partnership, Arax aims to leverage LvlUp’s
extensive network and strategic guidance to enhance its fundraising efforts and optimize go-to-market strategies for its expanding
portfolio of blockchain and enterprise data management solutions. The NextUp Incubator will provide Arax with bespoke mentoring
from industry leaders at institutions such as KPMG and Citigroup.
Item 7.01 Regulation FD Disclosure
Arax Holdings Corp. issued a press release on September 19,
2024, announcing the partnership with LvlUp Ventures. This collaboration is a significant milestone for Arax as it aligns with
the company’s strategy of accelerating its growth and scaling its blockchain solutions globally. A copy of the press release
is furnished as Exhibit A to this Form 8-K.
Item 9.01 Financial Statements and Exhibits
Exhibit A – Press Release dated September 19, 2024,
titled “ARAX Holdings Announces 18-Month Strategic Partnership with LvlUp Ventures and Participation in the NextUp Incubator
Program”.
Link to Press Release:
https://medium.com/@AraxCorp/arax-holdings-announces-18-month-strategic-partnership-with-lvlup-ventures-and-participation-in-411896f514ae
Contact Information
For more information about ARAX Holdings
Corp. and our innovative solutions, please visit our website at www.arax.com.
Contact:
ARAX Holdings Corp.
820 E Park Ave Bldg. D200
Tallahassee, FL 32301
investor@arax.com
Safe Harbor Statement Under the Private Securities Litigation
Reform Act of 1995
Certain statements contained in this report may be construed
as “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 (the “Act”).
All statements that are not historical facts are “forward-looking statements.” The words “estimate,” “project,”
“intends,” “expects,” “anticipates,” “believes” and similar expressions are intended
to identify forward-looking statements. Such forward-looking statements are made based on management’s beliefs, as well as
assumptions made by, and information currently available to, management pursuant to the “safe harbor” provisions of
the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from
those projected on the basis of these statements. Investors should consider this cautionary statement and furthermore, no assurance
can be made that the transaction described in this Report will be consummated. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose
any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence
of unanticipated events.
| Item 9.01 |
Financial Statements and Exhibits. |
Exhibit A – Press release
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| |
By: |
/s/ Christopher D. Strachan |
| |
Christopher D. Strachan |
| |
Chief Financial Officer |
Dated: September 19, 2024
EXHIBIT A
ARAX Holdings Announces 18-Month Strategic Partnership with
LvlUp Ventures and Participation in the NextUp Incubator Program
City, Date – ARAX Holdings Corp, a global leader
in blockchain solutions and enterprise data management, is proud to announce an 18-month strategic partnership with LvlUp Ventures.
As part of this collaboration, ARAX will participate in the NextUp incubator program, positioning itself to accelerate its fundraising
efforts, refine go-to-market strategies, and enhance marketing initiatives for its expanding portfolio of use cases.
"The partnership with LvlUp Ventures is a significant milestone for ARAX. The NextUp incubator offers a powerful platform
to refine our market strategies and align them with our broader goal of revolutionizing enterprise data management through blockchain,"
said Michael Loubser, CEO of ARAX Holdings Corp. "We are excited about the opportunities ahead and the potential this partnership
will unlock as we scale and expand our solutions globally."
Positioning and Partnership Emphasis: The partnership
with LvlUp Ventures and participation in the NextUp program align with ARAX’s principles of innovation and market disruption,
providing a platform that nurtures transformative technologies. LvlUp Ventures serves as an accelerator for companies challenging
traditional models, fostering innovation and growth through targeted resources and strategic guidance. This collaboration underscores
ARAX’s commitment to redefining enterprise data management and blockchain solutions, solidifying its position as a leader
in this evolving landscape.
Strategic Focus: The NextUp program is designed to fast-track
startups through a series of targeted sessions focused on commercialization, scalability, and revenue generation. ARAX will benefit
from bespoke mentoring provided by industry leaders from top-tier institutions such as KPMG and Citigroup. This partnership will
strategically position ARAX to refine its market strategies, aligning them with broader industry shifts and reinforcing its foundational
approach to innovation. The program aims to prepare ARAX for its next round of funding, with a focus on market readiness and product
traction.
"ARAX Holdings exemplifies the type of innovative and forward-thinking
company that LvlUp Ventures and the NextUp incubator program are designed to support. By combining our extensive network of industry
experts, strategic resources, and market insights, we are committed to accelerating ARAX's journey in revolutionizing enterprise
data management and blockchain solutions. Our partnership with ARAX aligns perfectly with our mission to nurture groundbreaking
technologies that challenge traditional models, and we are excited to help scale ARAX's impact across global markets." —
Aaron Golbin, Managing Partner at LvlUp Ventures.
About ARAX Holdings Corp
ARAX Holdings Corp operates Blockchain as a Platform (BaaP),
transforming enterprise data into strategic assets with unmatched efficiency and integrity. Leveraging Core Blockchain technology,
the company integrates Decentralized Physical Infrastructure Networks (DePIN) to boost operational efficiency and ensure transparency
across sectors such as logistics, carbon accounting, smart building, and smart city solutions, manufacturing, logistics, and industry-specific
secure connectivity and communication solutions.
About LvlUp Ventures and NextUp
LvlUp Ventures is a multi-stage VC firm and one of the largest
venture ecosystems globally with over 1,000 core and extended team members across every major startup hub, roughly 5,000 top-tier
startup applications annually, and dozens of F500 & corporate startup programs and accelerators. The firm backs Pre-Seed to
Series A founders with strong initial market validation who are innovating at the intersection of AI and virtually any industry.
Its NextUp incubator program is designed to guide high-growth potential companies through key commercialization stages, offering
hands-on support from industry experts and experienced investors.
For media inquiries, please contact: info@arax.cc
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Arax (PK) (USOTC:ARAT)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Arax (PK) (USOTC:ARAT)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
