{"url_path":"/sec/cik-0001566243/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-10","source_url":"https://www.sec.gov/Archives/edgar/data/1566243/0001753926-26-000995-index.html","accession_number":"0001753926-26-000995","cik":"0001566243","ticker":null,"issuer_name":"Arax Holdings Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1566243/0001753926-26-000995-index.html","primary_entity_key":"0001566243","primary_entity_name":"Arax Holdings Corp"},"word_count":263,"has_tables":true,"body_markdown":"**ITEM\n12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**\n\n \n\nThe\nfollowing table sets forth information regarding the beneficial ownership of the Company’s common stock as of May 10, 2026\n(the most recent practicable date), by (i) each person known by the Company to beneficially own more than 5% of the outstanding\nshares of common stock, (ii) each director and named executive officer, and (iii) all directors and executive officers as a group.\n\n \n\nBeneficial\nownership is determined in accordance with SEC rules. Shares issuable upon conversion of the Series A Preferred Stock are deemed\noutstanding for purposes of computing the percentage ownership of the holder but are not deemed outstanding for computing the\npercentage ownership of any other person.\n\n \n\nName of Beneficial Owner \nNumber of Shares Beneficially owned (1)  \nPercent of Class (2) \n\nMichael Pieter Loubser, Ockert Cornelius Loubser, and Rastislav Vasicka – MORR Investments (3) \n 189,344,805  \n 63.423%\n\nChristopher D. Strachan - Strachan @ Associates \n 1,786,896  \n 0.900%\n\nVictor Vega \n 14,050,433  \n 7.077%\n\nMaximilian Willmann \n 23,196,658  \n 11.684%\n\nAll directors and executive officers as a group (4 persons) \n 191,131,701  \n 64.022%\n\n \n\n(1)\nIncludes shares issuable upon conversion of securities exercisable or convertible within 60 days of June 9, 2026.\n\n \n\n(2) Based on 201,585,818 shares of common stock issued and outstanding as of June 9, 2026.\n\n(3) Includes all 10,000,000 shares of Series A Preferred Stock, convertible on a 10-for-1 basis into 100,000,000 shares of common\nstock, which together provide significant voting control of the Company.\n\n \n\nEquity\nCompensation Plans\n\n \n\nThe\nCompany does not maintain any equity compensation plans as of October 31, 2024.\n\n \n\n13"}