Newport Gold, Inc. Completes Merger with NFI Empire Group of Companies
Rhea-AI Summary
Newport Gold (OTCID:NWPG) completed its merger with NFI Empire Group of Companies on April 9, 2026, combining with a profitable automotive business that generates more than $10 million in annual revenue.
The company submitted a Change of Control notification to OTC Markets, which is currently in process. The transaction did not increase authorized or outstanding common shares and retains an established leadership team and scalable operating systems.
Positive
- Completed merger with NFI Empire on April 9, 2026
- NFI Empire reports $10M+ in annual revenue
- No increase in authorized or outstanding common shares
- Submitted Change of Control notice to OTC Markets
Negative
- OTC Markets Change of Control notification is still in process, creating near-term listing/administrative uncertainty
News Market Reaction – NWPG
In the Apr 9 session, NWPG gained 5.00%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MISSISSAUGA, ON / ACCESS Newswire / April 9, 2026 / Newport Gold, Inc. (OTCID:NWPG) today announced that it has completed its merger with NFI Empire Group of Companies ("NFI Empire"), a profitable and rapidly scaling automotive business. Notification of Change of Control has been submitted to OTC Markets and is currently in process.
NFI Empire generates more than
The Opportunity
Global, digitally driven specialty automotive marketplaces
Accelerating worldwide demand for classic, exotic, and specialty vehicles
Significant margin expansion opportunities driven by technology and operational efficiencies
Current Position
$10M + annual revenue with a proven, profitable operating modelPrivate valuation in excess of
$10M based on multiple similar stage private transactions in the sectorVertically integrated automotive platform
Established systems, infrastructure, and scalable processes already in place
No increase in Authorized or Outstanding shares of common stock
Leadership Team
Justin Fried, CEO & Co‑Founder Marine veteran and seasoned entrepreneur with more than 20 years of leadership experience across sales, marketing, and business development. As Co‑Founder of NFI Empire, Justin has built high‑performance teams, attracted top talent, and scaled differentiated automotive platforms through disciplined execution and culture‑driven leadership.
Chris Nichols, Executive Chairman & Co‑Founder Experienced C‑level executive and entrepreneur with a track record of scaling high‑growth organizations. As Executive Chairman, Chris provides strategic direction, governance oversight, and leadership across the enterprise. His background includes serving as Chief Sales Officer at Field Nation (acquired by Susquehanna Growth Equity) and roles at Fisher Investments and GE Private Asset Management. He began his career as a Registered Representative and derivatives trader.
Brad Belcher, COO & General Manager Automotive executive with more than 20 years of end‑to‑end industry experience spanning engineering, design, finance, and operations. Brad oversees vehicle sourcing, production quality, and operational performance, bringing a disciplined, detail‑driven approach that supports NFI Empire's national reputation for quality and consistency.
Collin (Brad) Brown, CFO & Treasurer Senior finance executive responsible for financial strategy, reporting, cash management, and regulatory compliance. Collin leads finance and accounting operations, oversees risk management, and advises the CEO and Board on capital allocation and strategic initiatives. He has more than 15 years of public accounting experience, including senior roles at PricewaterhouseCoopers LLP and Grant Thornton LLP.
About Newport Gold, Inc.
Newport Gold Inc. (NewportGoldInvest.com) has evolved from its origins in mineral exploration into a diversified company focused on high‑growth opportunities in the automotive, data, and digital technology sectors. Leveraging its history of identifying and acquiring valuable assets, the company now seeks innovative businesses and technologies capable of delivering scalable growth and strong returns. With a mission to "mine" global opportunities in the digital landscape, Newport Gold aims to drive sustainable value through strategic acquisitions and investments.
About NFI Empire
NFI Empire (NFIEmpire.com) is a premier, asset‑light automotive company headquartered in North East, Pennsylvania, generating more than
Forward‑Looking Statements
This press release contains forward‑looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may include terms such as "believe," "anticipate," "intend," "expect," "may," "project," and similar expressions. Forward‑looking statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. Factors that may cause such differences include those described in the Company's filings with the SEC. Newport Gold undertakes no obligation to update forward‑looking statements except as required by law.
Contact Information
Investor Relations Email: nwpginfo@gmail.com
SOURCE: Newport Gold, Inc.
View the original press release on ACCESS Newswire