Powerus, a U.S.-based autonomous systems company, announced on April 30 2026 that it will merge with Aureus Greenway Holdings Inc. (Nasdaq: AGH). The transaction, which will see Powerus as the surviving entity, is expected to list the combined company on Nasdaq under the ticker symbol "PUSA" once the deal closes in summer 2026.
The merger was unanimously approved by the boards of directors and a majority of shareholders of both companies. Under the agreement, Powerus will continue to operate under its existing brand while AGH will adopt the Powerus name and corporate structure. The deal is intended to combine Powerus’s defense technology platform with AGH’s cash reserves and real‑estate assets, creating a diversified, publicly traded entity.
The announcement marks a significant strategic shift for AGH, which has historically operated two Florida golf courses. By merging with Powerus, AGH aims to leverage Powerus’s technology and market reach to accelerate growth and unlock shareholder value. The deal is subject to customary closing conditions, including regulatory approvals and shareholder consent, and is expected to close in the summer of 2026.
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