Aspire Biopharma to rename as Aspire-Lakewood
Aspire Biopharma is rebranding as Aspire-Lakewood Holdings to reflect a holding company structure centered on Dura Control Systems Corp.
Rhea-AI Filing Summary
Aspire Biopharma Holdings, Inc. (Nasdaq: ASBP) reported that it has changed its corporate name to Aspire-Lakewood Holdings, Inc., effective upon filing a Certificate of Amendment to its Certificate of Incorporation with the Delaware Secretary of State. The company’s common stock will continue to trade on The Nasdaq Capital Market under the same ticker symbol, and existing stock certificates remain valid.
The name change, approved by the board and stockholders under Section 242 of the Delaware General Corporation Law, is positioned as aligning the company’s holding company structure with its expanded focus following the acquisition of Dura Control Systems Corp. (DCSC), a designer and manufacturer of engineered automotive and industrial control systems. The change does not alter stockholder rights or require any action by stockholders.
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8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Par value per share: $0.0001 per share
Patents held by DCSC: Over 310 patents
Manufacturing facilities: 11 facilities
+1 more
4 metrics
Par value per share
$0.0001 per share
Par value of common stock listed for trading under symbol ASBP
Patents held by DCSC
Over 310 patents
Dura Control Systems Corp. intellectual property portfolio backing its product offerings
Manufacturing facilities
11 facilities
Number of manufacturing facilities operated globally by Dura Control Systems Corp.
Lakewood & Company founding year
2005
Year Lakewood & Company, LLC was founded as a multi-stage investment firm
Key Terms
Certificate of Amendment, General Corporation Law of the State of Delaware, holding company structure, tier one automotive supplier, +2 more
6 terms
Certificate of Amendment regulatory
"effective upon the filing of a Certificate of Amendment to the Company’s Certificate of Incorporation"
A certificate of amendment is an official filing that updates a company’s founding documents—its legal “rulebook” that sets share structure, voting rules, name and basic purpose. Think of it like changing the blueprint of a building: small changes are paperwork, big ones can alter who owns how much and who controls decisions. Investors watch these filings because they can affect share counts, voting power, dilution and company value.
General Corporation Law of the State of Delaware regulatory
"in accordance with Section 242 of the General Corporation Law of the State of Delaware"
A state-level statutory framework that acts like a widely used rulebook for how corporations are formed, governed, and dissolved in Delaware. It sets binding rules on directors’ powers, shareholder rights, mergers, and fiduciary duties, and matters to investors because it creates predictable legal outcomes and clear governance standards—like playing a game with well-known rules—affecting control, takeover risk, and the protection of shareholder interests.
holding company structure financial
"Adopting a holding company structure better aligns our corporate architecture"
A holding company structure is an arrangement where one parent company owns controlling stakes in multiple separate businesses (subsidiaries) while the parent itself usually handles ownership, financing and strategy rather than day‑to‑day operations. For investors, this matters because it can isolate risk, concentrate cash flows or liabilities in particular units and make it easier to sell or reorganize parts of the enterprise—like a landlord owning several rental properties rather than managing each apartment directly—so you must assess both the parent’s balance sheet and the health of its subsidiaries.
tier one automotive supplier technical
"serves as a tier one automotive supplier to major OEMs and other industrial firms"
powertrain agnostic technical
"DCSC maintains a strong powertrain agnostic product portfolio that includes mechatronic actuators"
forward-looking statements regulatory
"Certain statements made in this communication are “forward-looking statements” within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What corporate change did ASBP announce on September 8, 2026?
The company announced a corporate name change from Aspire Biopharma Holdings, Inc. to Aspire-Lakewood Holdings, Inc., effective upon filing a Certificate of Amendment with the Delaware Secretary of State, with no change to the existing rights of stockholders.
Does the ASBP ticker change after the Aspire-Lakewood name change?
No. The company states that its ticker symbol will remain ASBP and that its common stock will continue to trade on The Nasdaq Capital Market. The name change does not affect the listing or trading of its common stock.
Do ASBP stockholders need to take any action due to the name change?
No action is required. The company states that stockholders holding shares in book-entry or through a bank or broker are not required to act, and existing stock certificates reflecting the prior name will continue to be valid after the name change.
Why is Aspire Biopharma changing its name to Aspire-Lakewood Holdings?
Management explains that the name change follows the acquisition of Dura Control Systems Corp. and the company’s evolution into a high-volume, diversified enterprise. Adopting a holding company structure is described as better aligning with this expanded business focus.
What business does Aspire-Lakewood’s subsidiary Dura Control Systems Corp. operate?
Dura Control Systems Corp. is described as a designer and manufacturer of automotive and industrial control systems, offering mechatronic actuators, human machine interfaces, industrial cables, and cable control systems, with a powertrain agnostic portfolio supported by over 310 patents and 11 manufacturing facilities globally.
How was the Aspire-Lakewood name change approved under Delaware law?
The company states that the name change was approved by its board of directors and stockholders in accordance with Section 242 of the General Corporation Law of the State of Delaware, and became effective upon filing a Certificate of Amendment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
