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Form 3 AVAX ONE TECHNOLOGY LTD. For: Jan 27 Filed by: Hivemind Validation QOZ GP LLC

May 14, 2026 5:00 PM
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Hivemind Capital Partners, LLC
(Last) (First) (Middle)
875 AVENUE OF THE AMERICAS, FLOOR 22
(Street)
NEW YORK NY 10001
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/27/2026 		3. Issuer Name and Ticker or Trading Symbol
AVAX ONE TECHNOLOGY LTD. [ AVX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 9,245,081 (1)
I
By Hivemind Validation Master Fund LP (2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On November 5, 2025, the Issuer, Hivemind Validation Master Fund LP, a Cayman Islands exempted limited partnership ("Master Fund"), and certain other investors closed on a private placement, pursuant to which the Issuer issued 9,245,081 shares of common stock to Master Fund in exchange for cash and tokens, equating to a per share purchase price of $2.36. As the result of the Issuer's share repurchase program, Master Fund became a 10% owner on January 27, 2026.
2. The shares are held directly by Master Fund. Hivemind Capital Partners, LLC, a Delaware limited liability company ("Capital Partners"), is the investment manager to Master Fund. Yechuan Zhang ("Mr. Zhang") is the managing partner of Capital Partners and exercises investment and dispositive power over the securities held by Master Fund. Hivemind Validation QOZ GP LLC, a Delaware limited liability company ("GP"), is the general partner of Master Fund. Each of Capital Partners, GP and Mr. Zhang disclaim beneficial ownership of such securities, except to the extent of their pecuniary interest therein. This report shall not be deemed an admission that Capital Partners, GP, Master Fund, Mr. Zhang or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
/s/ Yechuan Zhang, Authorized Signatory 05/14/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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