Powerus Completes Merger with AGH, Trades on Nasdaq

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Merger / DESPAC
Merger / DESPAC
IPO:
Feb 12, 2025
Industry:
MEMBERSHIP SPORTS & RECREATION CLUBS

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Powerus Completes Merger with Aureus Greenway Holdings and Begins Trading on Nasdaq

Rock Hill, South Carolina, USA - Powerus, a US defense technology company specializing in autonomous drones and unmanned systems, has successfully completed its merger with Aureus Greenway Holdings Inc. (Nasdaq: PUSA), effective October 1, 2026.

Following the combination, AGH has been renamed Powerus Corporation. The combined company continues to trade on the Nasdaq Capital Market under the ticker symbol PUSA.

Transaction Details

  • Effective Date: October 1, 2026
  • Merged Entities: Autonomous Power Corporation (Powerus) and Aureus Greenway Holdings Inc.
  • New Company Name: Powerus Corporation
  • Stock Exchange & Ticker: Nasdaq: PUSA

Leadership from both companies emphasized that the transaction positions Powerus to scale its autonomous systems manufacturing to meet rising customer demand while maintaining its rigorous defense standards.

About Aureus Greenway Holdings Inc.

Aureus Greenway Holdings Inc. owns and operates daily fee golf country clubs in the state of Florida that are designed to appeal to a wide-ranging population. The combination of our strategic locations and approachable golf-courses attracts both local and tourist demographics, allowing us to offer a variety of golf experiences while capturing a broad share of discretionary leisure spending. For more information, please visit our website at www.aureusgreenway.com.

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