Lion Group Holding Ltd. Signs Non-Binding Memorandum of Understanding to Acquire Aquila Hash, Inc.

Rhea-AI Summary

Lion Group (NASDAQ: LGHL) signed a non-binding MOU to acquire 100% of Aquila Hash, a global AI infrastructure platform company. Consideration will be set in definitive agreements.

The proposed deal targets AI Factories, GPU cloud and AI-native services, and remains subject to due diligence, final contracts and closing conditions, with no assurance of completion.

Positive

• Non-binding MOU to acquire global AI infrastructure provider Aquila Hash
• Potential expansion into AI Factories and GPU cloud platforms
• Access to Aquila Hash's multi-region AI infrastructure footprint

Negative

• Acquisition remains non-binding with no assurance of completion
• Transaction terms and consideration still to be determined

News Market Reaction – LGHL

+3.61%

2 alerts

+3.61% Session close to close

+29.6% Peak Tracked

$2.79M Market Cap

0.0x Rel. Volume

In the Jun 18 session, LGHL gained 3.61%, reflecting a moderate positive market reaction. Argus tracked a peak move of +29.6% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement signals LGHL’s intent to acquire 100% of Aquila Hash and deepen exposure to AI inf...

Analysis

This announcement signals LGHL’s intent to acquire 100% of Aquila Hash and deepen exposure to AI infrastructure. With past acquisition news tied to a -8.53% move and sizeable convertible financing capacity outstanding, investors may watch deal certainty and funding structure closely.

Key Figures

Acquisition stake: 100% of issued and outstanding capital stock

1 metrics

Acquisition stake 100% of issued and outstanding capital stock Proposed acquisition of Aquila Hash under non-binding MOU

Previous Acquisition Reports

1 past event · Latest: Jul 23 (Neutral)

Same Type Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Jul 23	Crypto asset acquisition	Neutral	-8.5%	Expanded treasury with additional SUI and other tokens as strategic holdings.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Limited acquisition-tag history shows the prior event was followed by a notable single-day decline.

Key Terms

memorandum of understanding, capital stock, due diligence, definitive agreements, +2 more

6 terms

memorandum of understanding regulatory

"announced that it has entered into a non-binding memorandum of understanding ("MOU")"

A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.

capital stock financial

"to acquire 100% of the issued and outstanding capital stock of Aquila Hash"

Capital stock is the total set of shares that represent ownership in a company, including different classes such as common and preferred stock. Think of it as the number and types of slices in a company’s ownership pie: it matters to investors because it determines voting power, entitlement to dividends, and how a company’s value is divided per share, so changes in capital stock can dilute holdings or alter per‑share metrics.

due diligence financial

"subject to the completion of due diligence, negotiation and execution of definitive agreements"

Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.

View in glossary

definitive agreements regulatory

"subject to the completion of due diligence, negotiation and execution of definitive agreements"

Definitive agreements are the final, legally binding contracts that set the exact terms of a corporate deal—such as a merger, acquisition, asset sale, or major financing. They matter to investors because signing them turns rough plans into concrete obligations that determine price, timing, required approvals and what happens if the deal falls through; think of them as the signed purchase contract in a house sale that makes the deal official and enforceable.

closing conditions regulatory

"execution of definitive agreements, and satisfaction of customary closing conditions"

Closing conditions are specific requirements or steps that must be met before a financial deal or transaction can be finalized. They act like a checklist that ensures all necessary details are confirmed and agreed upon, giving both parties confidence that the deal is ready to be completed. Meeting these conditions is essential for the transaction to move forward smoothly and successfully.

ai infrastructure technical

"Aquila Hash, a U.S.-headquartered global AI infrastructure platform company"

AI infrastructure consists of the hardware, software, and systems needed to develop, run, and support artificial intelligence applications. Think of it as the foundation and tools that enable AI to process large amounts of data quickly and accurately, similar to how a strong foundation supports a building. For investors, AI infrastructure is important because it underpins advancements in technology that can drive new business opportunities and competitive advantages.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, June 18, 2026 /PRNewswire/ -- Lion Group Holding Ltd. (NASDAQ: LGHL) ("Lion Group" or the "Company"), today announced that it has entered into a non-binding memorandum of understanding ("MOU") with Aquila Hash, Inc. ("Aquila Hash"), a U.S.-headquartered global AI infrastructure platform company, to acquire 100% of the issued and outstanding capital stock of Aquila Hash for consideration to be determined in definitive agreements.

Under the proposed transaction, Lion Group aims to acquire Aquila Hash, a pioneer in developing and operating AI Factories, GPU cloud platforms, and AI-native services. Aquila Hash provides end-to-end AI infrastructure solutions, including data center fit-out and deployment, global supply chain services, GPU cluster integration, and operations management. The Company has established a strong footprint across North America, Asia-Pacific, and Europe, supporting large-scale AI infrastructure projects for hyperscalers and enterprises.

This strategic acquisition aligns with Lion Group's vision to strengthen its presence in the rapidly growing AI infrastructure sector, capitalizing on the explosive demand for high-performance computing capacity driven by AI adoption worldwide.

"Aquila Hash's advanced AI infrastructure capabilities and proven execution in deploying GW-scale data center projects make it an ideal addition to Lion Group. This transaction will enable us to deliver comprehensive AI solutions globally, accelerating our growth in the AI economy. We are excited to partner with Aquila Hash's talented team and look forward to driving significant value for our stakeholders," said Wilson Wang, Chief Executive Officer of Lion Group Holding Ltd.

"We are pleased to enter into this MOU with Lion Group and explore the potential for a strategic combination," said Bin Yang, Co-Founder and Chief Executive Officer of Aquila Hash.

"Aquila Hash has built a strong foundation in AI Factory development, GPU cloud services, and AI infrastructure operations. As global demand for AI infrastructure continues to accelerate, access to capital, strategic resources, and scalable operating platforms will become increasingly important to supporting the next phase of growth. We believe Lion Group's public company platform, capital markets expertise, and financing capabilities could create meaningful opportunities to accelerate our expansion, strengthen our ability to execute larger-scale AI infrastructure projects, and further advance our vision of building the foundational infrastructure layer for the next generation of artificial intelligence. We look forward to working closely with Lion Group to evaluate the potential strategic benefits and long-term value creation opportunities for both organizations."

The transaction remains subject to the completion of due diligence, negotiation and execution of definitive agreements, and satisfaction of customary closing conditions. The MOU is non-binding (except for certain provisions such as exclusivity, confidentiality, and termination), and there can be no assurance that a definitive agreement will be reached or that the proposed acquisition will be consummated.

About Lion Group Holding Ltd.

Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in-one, state-of-the-art trading platform that offers a wide spectrum of products and services, including (i) total return swap (TRS) trading, (ii) contract-for-difference (CFD) trading, and (iii) Over-the-counter (OTC) stock options trading. Additional information may be found at http://ir.liongrouphl.com.

About Aquila Hash, Inc.

Aquila Hash is a global AI infrastructure platform company headquartered in the United States, focused on developing and operating AI Factories, GPU cloud platforms, and AI native services. Through its integrated ecosystem of data center capacity, power infrastructure, hardware supply chains, and AI platform technologies, the Company enables enterprises to deploy, scale, and optimize AI workloads across global markets.

With end-to-end capabilities spanning infrastructure sourcing, data center deployment, AI cluster integration, operations management, and platform development, Aquila Hash has established a global operating footprint across North America, Asia-Pacific, and Europe. The Company has supported the development and operation of large-scale AI infrastructure projects and continues to expand its AI cloud and platform businesses to address the rapidly growing demand for AI computing capacity.

Aquila Hash is building the next generation of AI native compute infrastructure, positioning itself as a key enabler of the global AI economy and a foundational infrastructure layer for future AI applications.

Forward-Looking Statements

This press release contains, "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Lion's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements about: Lion's entry into a memorandum of understanding and its anticipated benefits; the proposed acquisition of Aquila Hash, including the ability to negotiate and execute definitive agreements, the expected timing, structure, and terms of the transaction, and the satisfaction of closing conditions; the expected benefits and synergies of the proposed transaction, including the ability to deliver comprehensive AI solutions globally, accelerate growth in the AI infrastructure sector, and create value for stakeholders; the ability to successfully integrate Aquila Hash's business, operations, technology, and personnel; expectations regarding the AI infrastructure market and demand for high-performance computing capacity; Lion's goals and strategies; Lion's future business development, financial condition and results of operations; and assumptions underlying or related to any of the foregoing. Lion cautions that the foregoing list of factors is not exclusive. Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Lion does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. Additional information concerning these and other factors that may impact our expectations and projections can be found in Lion's periodic filings with the SEC, including Lion's Annual Report on Form 20-F for the fiscal year ended December 31, 2025. Lion's SEC filings are available publicly on the SEC's website at www.sec.gov.

Contacts

Lion Group Holding Ltd.
Tel: +65 8877 3871
Email: ir@liongrouphl.com

View original content:https://www.prnewswire.com/news-releases/lion-group-holding-ltd-signs-non-binding-memorandum-of-understanding-to-acquire-aquila-hash-inc-302804132.html

SOURCE Lion Group Holding Ltd.

FAQ

What did Lion Group (NASDAQ: LGHL) announce about acquiring Aquila Hash on June 18, 2026?

Lion Group announced a non-binding MOU to acquire 100% of Aquila Hash’s capital stock. According to Lion Group, consideration will be determined in definitive agreements, and the potential transaction targets Aquila Hash’s AI Factories, GPU cloud platforms, AI-native services, and global AI infrastructure footprint.

Is Lion Group’s acquisition of Aquila Hash (LGHL) finalized yet?

The acquisition is not finalized; only a non-binding MOU has been signed. According to Lion Group, completion depends on due diligence, negotiation and execution of definitive agreements, and customary closing conditions, with no assurance a definitive agreement will be reached or the acquisition consummated.

What business does Aquila Hash operate in before the proposed Lion Group (LGHL) acquisition?

Aquila Hash operates as a global AI infrastructure platform company. According to Lion Group, it develops and runs AI Factories, GPU cloud platforms and AI-native services, offering data center fit-out, deployment, supply chain services, GPU cluster integration and operations management across North America, Asia-Pacific and Europe.

How could the proposed Aquila Hash acquisition affect Lion Group’s (LGHL) AI infrastructure strategy?

The proposed acquisition is intended to strengthen Lion Group’s position in AI infrastructure. According to Lion Group, combining with Aquila Hash’s AI Factories, GPU cloud and GW-scale data center deployment expertise could support delivering comprehensive AI solutions globally and capitalize on demand for high-performance computing capacity.

What conditions must be met before Lion Group (LGHL) can complete the Aquila Hash acquisition?

Completion requires several steps before closing. According to Lion Group, the transaction is subject to due diligence, negotiation and execution of definitive agreements, and satisfaction of customary closing conditions, and the non-binding MOU specifies there is no assurance the acquisition will ultimately be consummated.

What ownership stake in Aquila Hash is Lion Group (LGHL) aiming to acquire?

Lion Group aims to acquire 100% of Aquila Hash’s issued and outstanding capital stock. According to Lion Group, this full acquisition target is outlined in the non-binding MOU, with the specific consideration and detailed terms to be set in later definitive agreements.