Advanced Oxygen Technologies (AOXY) is a holding company with two operating subsidiaries. The first, Anton Nielsen Vojens (ANV), owns a single commercial real estate property in Vojens, Denmark, which it leases to Circle K Denmark under a lease expiring in 2026. This lease is AOXY's sole source of revenue. The second subsidiary, Sharx, holds a nonexclusive distribution agreement with Cleaver, a Danish manufacturer of cargo security straps and tie-downs for the logistics industry. Sharx has generated no revenue since its formation in 2020, as Cleaver has been unable to produce and deliver product, leaving Sharx essentially dormant. AOXY has two employees and is actively seeking acquisitions or mergers to expand beyond its single-tenant real estate revenue stream.
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