Private company
ARVANA INC
ARVANA INC is an American blank check company based in Salt Lake City.2
Last updated Oct 21, 2026.
Overview
- IndustryBlank Checks2
- HeadquartersSalt Lake City, United States2
- Incorporated inNV3
- Business address299 S. Main Street, 13Th Floor, Salt Lake City, Ut 841113
- Filer categoryNon-accelerated filer, Smaller reporting company3
- Legal formProfit Corporation2
- LEI549300YEJVDZGDEWJF792
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O AA Registered Agents, 89149 Las Vegas, United States2
- Registered withBusiness Center (Secretary of State), C2632-19772
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Given these uncertainties, readers are cautioned not to place undue reliance on forward-looking statements.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue50¢$34.3K
- Other costs50¢$33.6K
Out of $68.0K in revenue.5 The company lost money this year.
Financial statements
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | $68.3K5 | $68.0K5 | ||
| Cost of revenue | $26.7K5 | $34.3K5 | ||
| Gross profit | $41.6K5 | $33.6K5 | ||
| Operating expenses | $102.7K6 | $165.8K7 | $528.5K5 | $406.2K5 |
| Operating income | -$102.7K6 | -$165.8K7 | -$486.9K5 | -$372.6K5 |
| Interest | $19.2K6 | $5877 | $58.6K7 | |
| Income before tax | $12.1M6 | -$151.4K6 | ||
| Income tax | $06 | $06 | ||
| Net income | -$12.1M6 | -$151.4K7 | -$1.3M5 | -$447.5K5 |
| Earnings per share | -$0.686 | $0.007 | -$0.015 | $0.005 |
| Earnings per share (diluted) | -$0.686 | $0.007 | -$0.015 | $0.005 |
| Shares (weighted, basic) | 17.2M shares6 | 107.8M shares7 | 107.8M shares5 | 107.8M shares5 |
| Shares (weighted, diluted) | 17.2M shares6 | 107.8M shares7 | 107.8M shares5 | 107.8M shares5 |
| Fiscal year | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Cash | $3.3K7 | $142.4K5 | $22.1K5 | $18.3K5 |
| Current assets | $142.4K7 | $27.2K5 | $18.4K5 | |
| Property, plant and equipment | $07 | $163.4K5 | $136.5K5 | |
| Intangible assets | $07 | $26.0K5 | $47.2K5 | |
| Total assets | $3.3K6 | $142.4K7 | $216.5K5 | $202.2K5 |
| Accounts payable | $100.8K5 | $62.2K5 | ||
| Short-term debt | $07 | $79.4K5 | $12.5K5 | |
| Current liabilities | $104.9K6 | $37.9K7 | $338.5K5 | $988.4K5 |
| Long-term debt | $919.6K7 | $1.2M5 | ||
| Long-term liabilities | $07 | $840.2K5 | $464.8K5 | |
| Total liabilities | $104.9K6 | $37.9K7 | $1.2M5 | $1.5M5 |
| Retained earnings | -$36.1M6 | -$36.2M7 | -$37.6M5 | -$38.0M5 |
| Shareholders’ equity | -$101.6K7 | $104.5K5 | -$962.1K5 | -$1.3M5 |
| Shares outstanding | 34.1M shares6 | 107.8M shares7 | 107.8M shares5 | 107.8M shares5 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Corporate structure
ARVANA INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of ARVANA INC
- Brian Lovig Filed SC 13D/A on ARVANA INC, latest May 14, 2024 (5 filings since Jun 24, 2022)
- Landon Warren Lovig Filed SC 13G on ARVANA INC, latest Feb 26, 2024
- Reagan Michael Lovig Filed SC 13G on ARVANA INC, latest Feb 21, 2024
- Christy Lynn Lovig Filed SC 13G on ARVANA INC, latest Feb 15, 2024
- Kerri Ann Hulet Filed SC 13G/A on ARVANA INC, latest Feb 15, 2024 (2 filings since Feb 14, 2024)
- Lane Lovig Filed SC 13G on ARVANA INC, latest Feb 14, 2024
- Bondock LLC Filed SC 13D/A on ARVANA INC, latest Jan 5, 2023 (2 filings since Oct 28, 2022)
- Altaf Nazerali Filed SC 13D/A on ARVANA INC, latest May 20, 2022 (2 filings since Nov 10, 2021)
- ARVANA INC Salt Lake City, Utah, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What ARVANA INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $187.3K5 Dec 31, 2024 | $187.3K5 Dec 31, 2023 | 0% |
| Accumulated depreciation | $24.0K7 Dec 31, 2023 | $07 Dec 31, 2022 | |
| Property and equipment, net | $136.5K5 Dec 31, 2024 | $163.4K5 Dec 31, 2023 | −16.4% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $18.3K5 Dec 31, 2024 | $22.1K5 Dec 31, 2023 | −17.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, net | $47.2K5 Dec 31, 2024 | $26.0K5 Dec 31, 2023 | +81.7% |
Properties, in its own words
Arvana leases executive office is located at 299 Main Street, 13th Floor, Salt Lake City, Utah 84111. We pay an annual rent of $828 payable on a month-to-month basis.
Our business office is located at 901 25th Avenue W, Palmetto, Florida 34221. We paid a nominal fee for the use of a boat dock and two boat slips to cover the term of the lease that expires on December 31, 2025.
The rest of Item 2
We believe that these arrangements are appropriate at this time given our focus on operating efficiencies and do not believe that we will need to maintain a larger space in the foreseeable future.
Item 2 of the 10-K filed Jul 17, 2025.4
Leadership
Who has led ARVANA INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerRuairidh Campbell Jun 26, 2013 to Oct 19, 202210
- Chief executive officerMichael John Stewart Jervis Jun 7, 2006 to Sep 8, 200611
- PresidentTeyfik Oezcan Mar 30, 2007 to Mar 30, 200712
- PresidentMichael John Stewart Jervis Jun 7, 2006 to Sep 8, 200611
- Chief financial officerRuairidh Campbell Oct 19, 2022 to Oct 19, 202213
- Chief financial officerWayne Nathan Smith May 17, 2007 to May 17, 200714
- Chief financial officerLeonard G. Gordon Jun 7, 2006 to Jun 7, 200615
Board members and other officers (10)
- CORPORATE SECRETARYKaren Engleson Jun 7, 2006 to Sep 8, 200616
- Board memberCarl Dawson Jul 29, 2021 to Jul 29, 202117
- Board memberMatthew Bentley Hoover Jul 29, 2021 to Jul 29, 202118
- Board memberRuairidh Campbell Jun 26, 2013 to Oct 19, 202210
- Board memberShawn Michael Teigen Jun 26, 2013 to Jan 23, 202319
- Board memberRobert Murray Russell May 5, 2006 to Jun 7, 200620
- Board memberJohn Baring Jun 7, 2006 to Oct 18, 202221
- Board memberLeonard G. Gordon Jun 7, 2006 to Dec 29, 200615
- Board memberMichael John Stewart Jervis Jun 7, 2006 to Sep 8, 200611
- Board memberRoss Wilmot Jun 7, 2006 to Jan 3, 200722
Former names
- TURINCO INCMay 24, 2000 to Jun 23, 20063
Timeline
- Apr 23, 20268-K Entered a material agreement23
- Dec 23, 20258-K Executive or director change24
- Aug 25, 20258-K Entered a material agreement25
- Aug 22, 20258-K Entered a material agreement26
- Jul 30, 20258-K Change of auditor27
- May 20, 20258-K Executive or director change28
- Dec 11, 20248-K Entered a material agreement29
- Nov 4, 20248-K Change of auditor30
- Aug 29, 20248-K Ended a material agreement31
- Jul 22, 20248-K Executive or director change32
- May 15, 20248-K Unregistered sale of shares33
- May 7, 20248-K Entered a material agreement34
- Jun 26, 2013New chief executive Ruairidh Campbell becomes CEO10
- Jun 7, 2006New chief executive Michael John Stewart Jervis becomes CEO11
- Jun 16, 1977Founded ARVANA INC is founded2
Filings
100 filings to the SEC since October 2021: 4 annual reports, 16 quarterly reports, 25 major events, 19 insider forms, 15 large holders, 21 other. The latest 20:
- Apr 23, 20268-K EDGAR
- Mar 30, 2026NT 10-K EDGAR
- Mar 5, 2026S-1 EDGAR
- Dec 23, 20258-K EDGAR
- Dec 1, 202510-Q EDGAR
- Nov 14, 2025NT 10-Q/A EDGAR
- Nov 14, 2025NT 10-Q EDGAR
- Nov 14, 2025NT 10-Q EDGAR
- Aug 25, 20258-K/A EDGAR
- Aug 22, 20258-K EDGAR
- Aug 15, 202510-Q EDGAR
- Jul 30, 20258-K EDGAR
- Jul 17, 202510-Q EDGAR
- Jul 17, 202510-K EDGAR
- Jul 15, 202510-Q/A EDGAR
- Jul 15, 202510-Q/A EDGAR
- Jul 15, 202510-Q/A EDGAR
- May 20, 20258-K EDGAR
- May 16, 2025NT 10-Q EDGAR
- Mar 26, 2025NT 10-K EDGAR
The 100 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 8, 2022 | Bondock LLC10% owner | Buy | 148,900 | $0.10 | $14.9K | Form 4 |
| Dec 8, 2022 | LOVIG BRIAN10% owner | Buy | 148,900 | $0.10 | $14.9K | Form 4 |
| Sep 30, 2022 | Bondock LLC10% owner | Buy | 1,434,039 | $0.10 | $143.4K | Form 4 |
| Sep 30, 2022 | LOVIG BRIAN10% owner | Buy | 1,434,039 | $0.10 | $143.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Brian LovigSC 13D/A, 5 filings Jun 24, 2022 to May 14, 202435
- Landon Warren LovigSC 13G, 1 filing Feb 26, 202436
- Reagan Michael LovigSC 13G, 1 filing Feb 21, 202437
- Christy Lynn LovigSC 13G, 1 filing Feb 15, 202438
- Kerri Ann HuletSC 13G/A, 2 filings Feb 14, 2024 to Feb 15, 202439
- Lane LovigSC 13G, 1 filing Feb 14, 202440
- Bondock LLCSC 13D/A, 2 filings Oct 28, 2022 to Jan 5, 202341
- Altaf NazeraliSC 13D/A, 2 filings Nov 10, 2021 to May 20, 202242
SEC filer profile
How ARVANA INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARARVANA INC1
- CIK0001113313
- Employer ID (EIN)87-06185094
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company4
- Incorporated inNevada4
- Fiscal year endsDecember 311
- Industry code (SIC)6770 Blank Checks1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address299 S. Main Street, 13Th Floor, Salt Lake City, UT 841111
- Phone(801) 232-73951
- Shares outstanding127,274,125 as of Dec 1, 20258
- Public float$12.6M as of Jun 30, 20244
- AuditorMICHAEL GILLESPIE & ASSOCIATES, PLLC, Vancouver, Washington PCAOB ID 6108; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMay 24, 20001
- Filings296 in all: 10-Q (54), 8-K (52), 4 (26), NT 10-Q (24), 10QSB (23), 3 (22), 10-K (17), NT 10-K (17)1
All 29 form types
10KSB (8), SC 13D/A (7), 4/A (6), SC 13D (6), SC 13G (6), 8-K/A (4), 10-Q/A (3), 3/A (3), DEF 14C (3), PRE 14C (3), 5 (2), 10-K/A (1), 10KSB/A (1), 10QSB/A (1), 10SB12G (1), DEF 14A (1), NT 10-Q/A (1), PRE 14A (1), S-1 (1), SC 13G/A (1), SC 14F1 (1)
- Latest filingsAnnual report (10-K) Jul 17, 2025
Quarterly report (10-Q) Dec 1, 2025
Proxy statement (DEF 14A) Jun 23, 2006
Latest 8-K (8-K) Apr 23, 2026
Risk factors and legal proceedings
Legal proceedings
Arvana is not a party to any material litigation, arbitration, governmental proceeding, or other legal proceeding currently pending or known to be contemplated against it, or any of its officers or directors in their respective capacities as members of Arvana’s management team.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARARVANA INC filings on SEC EDGAR
- 2
- 3SEC EDGARARVANA INC filings on SEC EDGAR
- 4
- 5SEC EDGARARVANA INC 10-K for fiscal 2024
- 6SEC EDGARARVANA INC 10-K for fiscal 2021
- 7SEC EDGARARVANA INC 10-K for fiscal 2022
- 8SEC EDGARARVANA INC 10-Q for fiscal 2025
- 9SEC EDGARARVANA INC 10-K for fiscal 2024
- 10
- 11
- 12SEC EDGARTeyfik Oezcan, President
- 13
- 14
- 15
- 16SEC EDGARKaren Engleson, CORPORATE SECRETARY
- 17SEC EDGARCarl Dawson, Board member
- 18SEC EDGARMatthew Bentley Hoover, Board member
- 19SEC EDGARShawn Michael Teigen, Board member
- 20SEC EDGARRobert Murray Russell, Board member
- 21SEC EDGARJohn Baring, Board member
- 22SEC EDGARRoss Wilmot, Board member
- 23SEC EDGAREntered a material agreement
- 24SEC EDGARExecutive or director change
- 25SEC EDGAREntered a material agreement
- 26SEC EDGAREntered a material agreement
- 27SEC EDGARChange of auditor
- 28SEC EDGARExecutive or director change
- 29SEC EDGAREntered a material agreement
- 30SEC EDGARChange of auditor
- 31SEC EDGAREnded a material agreement
- 32SEC EDGARExecutive or director change
- 33SEC EDGARUnregistered sale of shares
- 34SEC EDGAREntered a material agreement
- 35SEC EDGARBrian Lovig SC 13D/A on ARVANA INC
- 36
- 37
- 38
- 39
- 40SEC EDGARLane Lovig SC 13G on ARVANA INC
- 41SEC EDGARBondock LLC SC 13D/A on ARVANA INC
- 42