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Recent Updates — PUSA

October 22, 2026View Source ↗

Powerus Corporation entered into an employment agreement with Leah Lunger to serve as its Chief Accounting Officer, effective November 16, 2026. Ms. Lunger brings extensive public company reporting experience, having previously served as CFO at Red Cat Holdings and Controller at Fat Shark Holdings. Her compensation package includes a $235,000 annual base salary, target incentive awards, and equity grants consisting of 150,000 non-qualified stock options and 50,000 restricted stock units vesting over four years. The agreement provides for three months of severance in the event of termination without cause. Powerus Corporation operates in the drone and robotic systems industry.

October 16, 2026View Source ↗

Powerus Corporation completed its acquisition of Autonomous Power Corporation on October 1, 2026, pursuant to a March 8, 2026 Agreement and Plan of Merger. The transaction was accounted for as a reverse acquisition, with Autonomous Power designated as the accounting acquirer. Each share of Autonomous Power common stock converted into approximately 599.18 shares of Powerus common stock, and holders received an additional 55 million fully vested earn-out shares. The combined entity now operates in the autonomous systems, unmanned platforms, and defense technology sector.

July 20, 2026View Source ↗

Aureus Greenway Holdings Inc. entered into a First Amendment to its merger agreement with Autonomous Power Corporation, increasing the aggregate Earn-Out Shares to 55,000,000 shares of Parent Common Stock. The amendment also makes all Earn-Out Shares fully earned, vested, and non-contingent as of the closing of the merger, removing all performance and market-price conditions. The exchange ratio for the merger remains unchanged at 599.18229 shares of Parent Common Stock per share of Target Common Stock. Aureus Greenway Holdings Inc. is a holding company that operates in the industry of power and energy solutions. }