- CEO
- James Kim
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 299 South Main Street Salt Lake City UT United States of America 84111
- IPO Date
- May 24, 2005
- Business
- Arvana Inc. (AVNI) operates as a development-stage company primarily focused on identifying and pursuing business opportunities across diverse sectors, including maritime services and real estate redevelopment; through its wholly owned subsidiary Down 2 Fish Charters, LLC, it provides fishing charter services from a private dock in Palmetto, Florida, offering curated inshore, offshore, and custom maritime adventures for fishing enthusiasts, nature lovers, and tourists. The company also engages in the acquisition and repurposing of underutilized retail properties such as vacant shopping malls, outlet centers, and big-box stores to attract new tenants from industries offering non-online goods and services. Founded in 1977 and headquartered in Salt Lake City, Utah, Arvana conducts operations in the United States with a focus on entertainment-themed retail transformations and leisure activities.
Arvana offers core services encompassing recreational fishing charters via Down 2 Fish Charters, including half-day and full-day inshore trips targeting species like redfish, trout, and snook, as well as offshore expeditions for snapper, grouper, and pelagic fish; it further provides bespoke custom charters tailored to client preferences. In its real estate segment, the company specializes in redeveloping distressed retail assets into community revitalization hubs featuring themed entertainment destinations supported by revenue-generating strategies. These activities target leisure consumers, tourists, and investors seeking value-add opportunities in marine transportation and commercial property sectors.
In recent developments, Arvana acquired PintoCity Inc. on December 10, 2024, establishing it as a key subsidiary to advance retail property transformations nationwide. The company announced a $100 million financing initiative in June 2025, comprising debt commitments evidenced by $7 million in letters of intent and a 5 million share private placement, to fund PintoCity's acquisitions and developments. Additional strategic moves include announcing AI applications for shopping centers in December 2024, updating its OTCQB Venture Market application in February 2025, terminating a prior MOU with Firstshot Centers, LLC in August 2024, and completing the acquisition of Down 2 Fish Charters in February 2023.