Arvana Inc. has entered into a significant Stock Purchase Agreement with Generating Alpha Ltd., a company based in St. Kitts and Nevis. Under the terms of the agreement, Generating Alpha Ltd. will purchase up to $5 million worth of Arvana's fully registered, freely tradable common stock. The Investor has committed to buying the stock at 96% of its market price, determined as the average volume-weighted average price over the twenty trading days before each purchase request. The agreement permits Arvana to sell stock amounts ranging from a minimum of $20,000 up to a maximum of 300% of the average daily trading volume, with the possibility for this cap to be increased by mutual consent. Additionally, the agreement includes a provision for a commitment fee to be paid in shares, with stipulations to ensure the Investor's ownership doesn't exceed 4.99% of Arvana's outstanding shares. This strategic agreement is poised to provide Arvana with enhanced financial flexibility and investment potential.
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