Articles from Aureus Green Holdings Inc.

ORLANDO, Fla. and WEST PALM BEACH, Fla., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (Nasdaq: PUSA) and Autonomous Power Corporation, doing business as Powerus (“Powerus”), today jointly announced that the registration statement on Form S-4 filed by AGH in connection with the proposed business combination between the two companies was declared effective by the U.S. Securities and Exchange Commission on August 12, 2026. Declaration of effectiveness does not constitute SEC approval of the registration statement or of the proposed combination. Subject to the satisfaction of the remaining closing conditions, the parties expect to complete the proposed combination in early October 2026. There can be no assurance that the proposed combination will be completed, or as to the timing of any completion.

ORLANDO, Fla. and WEST PALM BEACH, Fla., Aug. 12, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (“AGH”) (NASDAQ: PUSA) and Autonomous Power Corporation, doing business as Powerus (“Powerus”), today jointly announced that Powerus has received a purchase order valued at $2,510,000 from a defense prime contractor for U.S.-manufactured first-person view (FPV) aircraft and related equipment. The order was placed with Tandem Defense, a wholly owned Powerus subsidiary.

Competitively awarded indefinite-delivery/indefinite-quantity contract has a ceiling of up to $90 million and runs through mid-2028

WEST PALM BEACH, Fla. and ORLANDO, Fla., July 30, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (“AGH”) (Nasdaq: PUSA) and Autonomous Power Corporation, doing business as Powerus (“Powerus”), today jointly announced that AGH has filed a Form S-4 registration statement with the U.S. Securities and Exchange Commission in connection with the proposed business combination between AGH and Powerus. The filing of the registration statement represents a step in the process toward completing the proposed transaction. The registration statement has not yet become effective, and the securities described in it may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.

Ticker change effective May 15, 2026, reflects the company's pending combination with Autonomous Power Corporation, an autonomous drone and defense technology company

Investment supports Powerus’s U.S. and South Korean manufacturing scale which is expected to meet growing demand for domestically produced autonomous defense systems; combined company expected to trade on Nasdaq under ticker symbol “PUSA” upon closing

Proceeds Intended to Support Manufacturing Readiness and Inventory Levels for Key Programs

-  Notable Investors of Combined Company Include American Venture Partners Eric Trump and Donald Trump Jr.; Additional Support from Leading U.S. Drone Manufacturer Unusual Machines (“UMAC”) and a Strategic $50 Million Investment