Form 8-K - Current report

  

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): May 05, 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		32301
(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
None

 

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 7.01 Regulation FD Disclosure  

 

Arax Holdings Corp. (“Registrant”) issued a press release today, a copy of which is attached to this current report as Exhibit 99.1

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.		Description
99.1		Copy of Press Release issued by Registrant on May 06, 2024.

 

 

 

 

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.

 

	Arax Holdings Corp.
Dated: May 06, 2024	By:	/s/ Christopher D. Strachan
		Christopher D. Strachan
		Chief Financial Officer

 

 

 

 Exhibit 99.1

 

Arax Holdings Corp. Congratulates:

Two Years of Core Blockchain Innovation

 

Dear Core Blockchain Core Team and Community,

 

Today, ARAX and the Core Team come together to celebrate the two-year anniversary of the release of Core Blockchain. It’s a time to reflect on the outstanding achievements the Core team accomplished and look forward to an exciting future. 

 

Since its inception, Core Blockchain has set a new standard for security, sustainability, and innovation in the blockchain industry. The groundbreaking technology they’ve developed has revolutionized decentralized financial and data management solutions, serving as a beacon of integrity in the digital platform economies.

 

The Core team’s vision, creativity, and leadership have been instrumental in developing this revolutionary platform. Their relentless pursuit of excellence and dedication to pushing the boundaries of what's possible has inspired us all. 

 

Their hard work and commitment have brought this vision to life, shaping a platform that not only meets the needs of today but also anticipates the challenges of tomorrow. Their efforts have connected technologies, cloud platforms, and devices in new and innovative ways, leading a new era of Decentralized Physical Infrastructure Networks (DePIN) and revolutionizing data strategies. 

 

As our esteemed blockchain solutions provider, Cores' trust and loyalty have been significant in our journey to launch some of the world's pioneering operational DePIN solutions platforms. Their collaboration and support have played a key role in deploying practical solutions and demonstrating the transformative potential of Core Blockchain technology. This is not merely an imagination of the future—it's already a reality. 

 

ARAX, with its BaaP solution, is unlocking new features in tokenized real-world processes (RWP) for logistics, digital twins, and asset management by starting to roll out a number of pilot projects based on Core Blockchain Enterprise technology and custom DePIN platforms. These include tokenizing real-world assets (RWA) like financial instruments, creating innovative smart city gateways and solutions, transforming access control, setting up first response mesh connectivity, and bridging Web2 into Web3 and Industry 4.0. This is just the beginning.

 

ARAX takes pride in contributing to Core Blockchain's robust, open-source network. This powerful network enables individuals and organizations to manage their own data while playing a pivotal role in shaping the future of business intelligence platforms. With vast potential still to be unlocked, ARAX is excited about the prospects that lie ahead.

 

Michael Loubser, CEO of ARAX, confirms, "It is already clear that a metamorphic transformation is coming that will be seamless if we are wise enough, exhilarating inclusivity if we care enough, and successful if we are fortunate enough—but a transformation to decentralized data ownership, data exchange networks, and connectivity is coming whether we like it or not."

 

As we celebrate this anniversary, we look forward to continuing our journey of innovation and transformation. Here's to many more years of success, groundbreaking advancements, and revolutionizing the world of blockchain!

 

On behalf of the ARAX Board of Directors, our business development colleagues, Rae Glasgow and Matt Kimmel, and every ARAX stakeholder, I want to offer heartfelt congratulations and excitement for an amazing future to come. 

 

Michael Loubser  

CEO, ARAX Holdings Corp  

On behalf of the ARAX Holdings Corp Board of Directors

 

  

We invite our shareholders and the wider community to explore our technologies to gain a comprehensive understanding of ARAX's mission, technological ecosystem, and our vision for the future of decentralized enterprise solutions and DePIN.

For media inquiries, please contact:
Email Address: [e-mail]

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.

 

[e-mail]
Arax Holdings Corp
[phone]
email us here
Visit us on social media:
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Cover	May 05, 2024
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	May 05, 2024
Entity File Number	333-185928
Entity Registrant Name	ARAX HOLDINGS CORP.
Entity Central Index Key	0001566243
Entity Tax Identification Number	99-0376721
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	820 E Park Ave
Entity Address, Address Line Two	Bld. D200
Entity Address, City or Town	Tallahassee
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	32301
City Area Code	850
Local Phone Number	254 1161
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false

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