Aureus Greenway Holdings And Powerus Jointly Announce SEC Effectiveness Of Form S‑4 Registration Statement For Proposed Business Combination, With Closing Expected In Early October

• The registration statement on Form S-4 for the proposed business combination between Aureus Greenway Holdings Inc. ("AGH") and Autonomous Power Corporation (dba Powerus) was declared effective by the U.S. Securities and Exchange Commission on August 12, 2026.
  
   
• The Combined Company to be Renamed Powerus Corporation, with closing anticipated in Q4of 2026, subject to the satisfaction of remaining closing conditions, and is expected to continue trading on Nasdaq under ticker "PUSA" 
   

ORLANDO, Fla. and WEST PALM BEACH, Fla., Aug. 13, 2026 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (NASDAQ:PUSA) and Autonomous Power Corporation, doing business as Powerus ("Powerus"), today jointly announced that the registration statement on Form S-4 filed by AGH in connection with the proposed business combination between the two companies was declared effective by the U.S. Securities and Exchange Commission on August 12, 2026. Declaration of effectiveness does not constitute SEC approval of the registration statement or of the proposed combination. Subject to the satisfaction of the remaining closing conditions, the parties expect to complete the proposed combination in early October 2026. There can be no assurance that the proposed combination will be completed, or as to the timing of any completion.