KISSIMMEE, Fla., April 09, 2026 (GLOBE NEWSWIRE) — Aureus Greenway Holdings Inc. (Nasdaq: AGH) (the “Company”) as of late introduced that Self sustaining Energy Company, doing industry as “Powerus”, its proposed merger goal, closed a $50 million strategic funding from KCGI Leading edge Expansion ESG Non-public Fairness Fund 1 and KCGI Leading edge Expansion ESG Non-public Fairness Fund 1-1 (in combination, “KCGI”), the Korea Local weather & Governance Funding Fund, a Seoul-based funding workforce. The capital is predicted to be deployed to scale production capability for Powerus’s self reliant protection methods throughout amenities in the US and South Korea and for basic running capital functions.
The Corporate believes the funding through KCGI helps Powerus’s solution to construct a resilient, ally-sourced production base for its self reliant methods platforms this is anticipated to cut back dependence on international provide chains from non-allied international locations and facilitating manufacturing capability in international locations with aligned with the US’s nationwide safety pursuits.
“This investment allows us to build at the pace the mission requires,” stated Andrew Fox, Founder and Leader Govt Officer of Powerus. “Scaling production in the United States and South Korea, with an ally-sourced supply chain, is not just a business decision. It is the right way to build defense technology at a moment when the origin of components and the integrity of the supply chain matter as much as the capability of the system itself.”
Kang Sung-boo, Leader Govt Officer of KCGI, added: “Autonomous defense systems built on trusted supply chains and manufactured by allied nations represent exactly the kind of long-term infrastructure investment KCGI was designed to support. In partnership with Powerus, we aim to develop a robust drone manufacturing ecosystem in Korea and deepen strategic collaboration with leading domestic drone and aerospace suppliers.”
ABOUT POWERUS
Powerus builds and scales unified self reliant methods structure designed to transport, offer protection to, and maintain crucial belongings in high-risk environments. The corporate develops next-generation self reliant drone infrastructure and applied sciences for cover and significant infrastructure, with manufacturing scaled thru U.S.-based production and strategic companions. Powerus operates thru wholly owned subsidiaries Kaizen Aerospace, Tandem Protection, and Agile Autonomy. For more info, consult with energy.us.
Merger Settlement
Powerus just lately entered right into a definitive merger settlement with Aureus Greenway Holdings Inc. (Nasdaq:AGH), which is predicted to lead to a blended corporate working beneath the identify “Powerus Corporation” upon assembly positive last prerequisites together with the effectiveness of a registration remark on Shape S-4 protecting stocks of commonplace inventory introduced to Powerus stockholders and receipt of required regulatory approvals. Such last prerequisites may by no means be met and the merger may by no means happen. Upon final touch the blended corporate expects to be indexed on Nasdaq beneath the ticker image “PUSA.”
ABOUT KCGI
KCGI is a Seoul-based funding workforce and personal fairness platform in South Korea. This funding used to be made thru KCGI’s “Innovation & Growth ESG Fund.” Since its established order in 2018, KCGI has delivered sturdy returns thru enhancements in company governance, enhanced ESG practices, and the advance of recent expansion drivers at portfolio corporations. For more info, consult with kcgifund.com.
FORWARD-LOOKING STATEMENTS
This press unencumber incorporates forward-looking statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995. Those statements come with, however aren’t restricted to, statements in regards to the collaboration and the proposed industry aggregate and expected advantages thereof, together with long run monetary and working effects, statements associated with the anticipated timing of the final touch of the transactions, the plans, targets, expectancies and intentions of Powerus or AGH or of the blended corporate following the merger, expected long run result of Powerus or AGH or of the blended corporate following the merger, the predicted advantages and strategic and fiscal rationale of the collaboration or the merger and different statements that aren’t historic information. Ahead-looking statements is also known through terminology corresponding to “may,” “will,” “should,” “targets,” “scheduled,” “plans,” “intends,” “goal,” “anticipates,” “expects,” “believes,” “forecasts,” “outlook,” “estimates,” “potential,” or “continue” or negatives of such phrases or different similar terminology. The forward-looking statements are in keeping with present expectancies and assumptions believed to be affordable, however there’s no assurance that they’re going to end up to be correct.
All forward-looking statements are topic to dangers, uncertainties and different components that can purpose the true effects, efficiency or achievements of AGH or Powerus to range materially from any effects expressed or implied through such forward-looking statements. Such components come with, amongst others, (1) the chance of delays in consummating the possible transaction, together with on account of required shareholder and regulatory approvals, together with Nasdaq list necessities which is probably not received at the anticipated timeline, or in any respect, (2) the chance of any match, exchange or different circumstance that would give upward thrust to the termination of the merger settlement, (3) the likelihood that any of the predicted advantages and projected synergies of the possible transactions may not be discovered or may not be discovered throughout the anticipated period of time, (4) the restricted operational historical past of Powerus as a blended group and integration dangers of bought companies, (5) diversion of control’s consideration or disruption to the events’ companies on account of the announcement and pendency of the transaction, together with attainable distraction of control from present plans and operations of AGH or Powerus and the power of AGH or Powerus to retain and rent key body of workers, (6) reputational threat and the response of every corporate’s shoppers, providers, staff or different industry companions to the transaction, (7) the likelihood that the transaction is also dearer to finish than expected, together with on account of sudden components or occasions, (8) the end result of any prison or regulatory lawsuits that can be instituted towards AGH or Powerus associated with the merger settlement or the transaction, (9) the hazards related to 3rd celebration contracts containing consent and/or different provisions that can be induced through the proposed transaction, (10) legislative, regulatory, political, marketplace, financial and different prerequisites, trends and uncertainties affecting AGH’s or Powerus’s companies; (11) the evolving prison, regulatory, tax, and world industry regimes; (12) the character, value and end result of attainable litigation and different prison lawsuits, together with such a lawsuits associated with the transactions, (13) restrictions right through the pendency of the proposed transaction that can affect AGH’s or Powerus’s skill to pursue positive industry alternatives or strategic transactions; and (14) unpredictability and severity of catastrophic occasions, together with, however now not restricted to, excessive climate, herbal screw ups, acts of terrorism or outbreak of struggle or hostilities, in addition to AGH’s and Powerus’s reaction to any of the aforementioned components.
Further components which might have an effect on long run result of AGH and Powerus will also be present in AGH’s Annual Record on Shape 10-Okay, Quarterly Studies on Shape 10-Q, and Present Studies on Shape 8-Okay, in every case filed with the SEC and to be had at the SEC’s website online at http://www.sec.gov. Neither Powerus nor AGH undertakes any legal responsibility to replace forward-looking statements, apart from as required through regulation.
NO OFFER OR SOLICITATION
This report is for informational functions best and isn’t meant to and shall now not represent an be offering to shop for or promote or the solicitation of an be offering to shop for or promote any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction through which such be offering, solicitation or sale can be illegal previous to registration or qualification beneath the securities rules of such a jurisdiction. No providing of securities might be made, apart from by the use of a prospectus assembly the necessities of Phase 10 of the U.S. Securities Act of 1933, as amended.
IMPORTANT INFORMATION AND WHERE TO FIND IT
In reference to the proposed merger, AGH will document a registration remark on Shape S-4 with the SEC, which can come with a knowledge remark and initial prospectus of AGH. After the registration remark is asserted efficient, AGH will mail to its stockholders a definitive knowledge remark. Moreover, AGH expects to document different related fabrics with the SEC in reference to the merger. Buyers and safety holders are suggested to learn the registration remark and joint knowledge remark/prospectus once they grow to be to be had (and every other paperwork filed with the SEC in reference to the transaction or included through reference into the joint knowledge remark/prospectus) as a result of such paperwork will comprise vital knowledge in regards to the proposed transaction and comparable issues. Buyers and safety holders would possibly download unfastened copies of those paperwork and different paperwork filed with the SEC through AGH during the website online maintained through the SEC at http://www.sec.gov or at AGH’s website online at https://www.aureusgreenway.com/secfilings.
