Powerus To Merge With Aureus Greenway Holdings; Powerus Subsidiary Kaizen Aerospace Secures Exclusive South Pacific Distribution For xFold Dragon, Launches Agriculture Division

Aureus Greenway Holdings, Inc.

Aureus Greenway Holdings, Inc.

PUSA

0.00
  • Aerospread Technologies is now the exclusive distributor for the xFold platform in New Zealand, Australia, and the South Pacific, with sales targets of approximately $60 million or more over five years; Sprig Aerospace is now an authorized U.S. distributor and marketing partner and will fly Powerus xFoldTM aircraft exclusively for its commercial spraying operations.
  • The xFoldTM Dragon H1000 has received a Special Airworthiness Certificate in the Experimental category from the FAA.
  • Powerus has announced a proposed merger with Aureus Greenway Holdings Inc. (NASDAQ:PUSA); the merger has not closed and remains subject to customary closing conditions, including the effectiveness of a Form S-4 registration statement and applicable regulatory approvals
This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.