Reported Earnings • May 14
First quarter 2026 earnings released: US$0.028 loss per share (vs US$0.021 profit in 1Q 2025) First quarter 2026 results: US$0.028 loss per share (down from US$0.021 profit in 1Q 2025). Net loss: US$1.26m (down US$1.53m from profit in 1Q 2025). New Risk • Apr 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 90% per year over the past 5 years. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risks Revenue is less than US$5m (US$3.0m revenue). Market cap is less than US$100m (US$77.0m market cap). Reported Earnings • Apr 04
Full year 2025 earnings released: US$0.27 loss per share (vs US$0.017 loss in FY 2024) Full year 2025 results: US$0.27 loss per share (further deteriorated from US$0.017 loss in FY 2024). Revenue: US$2.96m (down 10% from FY 2024). Net loss: US$3.68m (loss widened US$3.49m from FY 2024). New Risk • Mar 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 89% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (US$2.9m revenue). Market cap is less than US$100m (US$85.8m market cap). 공시 • Mar 12
Aureus Greenway Holdings Inc. announced that it has received $9.029001 million in funding from Unusual Machines, Inc., Rhone Group L.L.C. and other investors. On March 10, 2026, Aureus Greenway Holdings Inc. closed the transaction. The company issued 3,009,667 common shares and or pre funded warrants at an issue price of $3.00 per share or $3.00 per Pre-Funded Warrant, for gross proceeds of approximately $9,029,001 before deducting placement agent fees and other offering expenses. The transaction included participation from certain institutional and accredited investors, including Unusual Machines, Inc.and the Agostinelli Group. The Pre-Funded Warrants are immediately exercisable at a nominal exercise price of $0.001 per share, subject to adjustment, and will expire only when exercised in full, and are subject to customary beneficial ownership limitations and other terms and conditions set forth therein. In connection with the Private Placement, the Company also issued warrants to purchase a number of shares of Common Stock equal to 8.0% of the aggregate number of shares of Common Stock sold in the Private Placement (inclusive of shares underlying the Pre-Funded Warrants), at an exercise price of $3.00 per share, exercisable immediately upon issuance and expiring five years from the date of issuance, together with certain cash fees and expense reimbursements. The securities issued in the Private Placement were offered and sold in reliance upon the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “ Securities Act ”), and Rule 506(b) of Regulation D promulgated thereunder, and have not been registered under the Securities Act or applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States absent registration under the Securities Act or an applicable exemption from such registration requirements. The company paid a cash placement commission of 8.0% ($722,320.08) of the aggregate gross proceeds received in the Private Placement reasonable legal fees and disbursements of Placement Agent’s counsel of up to $125,000, as well as certain other customary offering expenses. 공시 • Mar 10
Powerus, Inc. entered into a definitive merger agreement to acquire Aureus Greenway Holdings Inc. (NasdaqCM:AGH) from American Ventures Llc, Series Xvi Agh and American Ventures IM LLC for approximately $540 million. Powerus, Inc. entered into a definitive merger agreement to acquire Aureus Greenway Holdings Inc. (NasdaqCM:AGH) from American Ventures Llc, Series Xvi Agh and American Ventures IM LLC for approximately $540 million in a reverse merger transaction on March 8, 2026. Under the terms of the agreement, each share of Powerus, Inc. shall be converted into the right to receive 599.18229 validly issued, fully paid and nonassessable shares of Aureus Greenway Holdings Inc. Additionally, 42.5 million shares of Aureus Greenway Holdings will be issued upon the achievement of certain milestones. Upon completion of the merger, the combined company will operate under the name “Powerus Corporation.” The combined company expects to be listed on Nasdaq under the ticker “PUSA.”
As of the Effective Time, the board of directors of Aureus Greenway Holdings (the “ NewCo Board ”) will be reconstituted and will consist of five directors selected by Powerus. The NewCo Board will include Andrew Fox among such directors. Officers of the combined company are expected to include Andrew Fox as Chief Executive Officer and Chair of the Newco Board; Brett Velicovich as President and Chief Operating Officer; Ed Jordan as Chief Financial Officer; Ziv Marom as Chief Technology Officer; and Jim Biehl as Chief Legal Officer.
The merger transaction was unanimously approved by the boards of directors of both companies and a majority of each company’s stockholders. The transaction is subject to the satisfaction or waiver of certain customary conditions, including, among others: (i) the effectiveness of a registration statement on Form S-4 to be filed by Parent with the U.S. Securities and Exchange Commission; (ii) the receipt of the required approval of Powerus, Inc. stockholders; (iii) the receipt of the required approval of Aureus Greenway Holdings Inc. stockholders; (iv) the approval for listing on the Nasdaq Stock Market LLC of the shares to be issued in connection with the merger; (v) the consummation of the Aureus Greenway Holdings private placement; (vi) receipt of any required regulatory approvals; and (vii) completion of Aureus Greenway Holdings Preferred Stock Purchase Agreement. Simultaneously with the execution and delivery of the merger agreement, certain significant stockholders of Powerus entered into lock-up agreements with Aureus Greenway Holdings. The merger is expected to close in summer 2026.
William Rosenstadt of Ortoli Rosenstadt LLP acted as legal advisor for Aureus Greenway Holdings Inc. Chad Lange, Michael Baxter, and Joshua Colburn of Faegre Drinker Biddle & Reath LLP acted as legal advisor for Powerus, Inc. Dominari Securities LLC and Revere Securities LLC acted as financial advisors for Aureus Greenway Holdings Inc. Sichenzia Ross Ference Carmel LLP is serving as legal advisor to Dominari Securities LLC and Revere Securities LLC. ValueScope, LLC acted as financial advisor and fairness opinion provider for Aureus Greenway Holdings.