Awaysis Capital, Inc. 8-K

What Happened

• Awaysis Capital, Inc. filed an 8‑K (April 9, 2026) announcing it entered into short‑term promissory notes totaling $70,000. On March 31, 2026 the company issued a $50,000 note to Chairman Narendra Kini. Separately, on January 2, 2026 it issued a $20,000 note to KiniConsult Inc., an affiliate of Dr. Kini.

Key Details

• Total amount: $70,000 in promissory notes ( $50,000 to Narendra Kini; $20,000 to KiniConsult Inc.).
• Interest rate: 8% per annum on both notes.
• Maturity / repayment: Both notes mature and are due in full on or before May 15, 2026; prepayment is permitted without penalty.
• Security / conversion: Obligations are unsecured and not convertible into equity.

Why It Matters

• These entries create a direct short‑term financial obligation for Awaysis and were made with a related party (the Company’s Chairman and his affiliate), which investors typically watch for governance and conflict‑of‑interest considerations. The amounts are limited ($70K) and due shortly (mid‑May 2026), so they represent near‑term bridge financing rather than long‑term capital raising.