AGRI shares surge 10.20% intraday after rebranding to AVAX One Technology, reflecting new Avalanche ecosystem strategy and ticker symbol change to AVX.

AgriFORCE Growing surged 10.20% intraday trading following its announcement to rebrand as AVAX One Technology and transition to the ticker symbol "AVX" on Nasdaq. The company emphasized its strategic pivot toward Avalanche (AVAX) digital asset treasury initiatives and blockchain innovation, positioning itself at the intersection of traditional markets and decentralized finance. The name change reflects its focus on building a digital-asset treasury, leveraging Avalanche's institutional-grade blockchain, and offering shareholders exposure to AVAX tokens through staking and capital appreciation. The rebranding aligns with growing institutional adoption of Avalanche by firms like KKR and J.P. Morgan, signaling a strategic realignment to capitalize on blockchain-driven fintech growth. The second news event, a routine SEC Form 3 filing by a director reporting no beneficial ownership, was deemed unrelated to the stock's movement.