Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:
Exhibit 99.1 to this current report on Form 6-K is incorporated by
reference into the registration statement on Form F-3 of Aurelion Inc. (File No. 333-290953) and related prospectus, and shall be a part
thereof from the date on which this current report is furnished, to the extent not superseded by documents or reports subsequently filed
or furnished.
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1
Aurelion Reports Second Fiscal Quarter 2026
Financial Results
HONG KONG,
April 30, 2026 / -- Aurelion Inc. (NASDAQ: AURE) (“Aurelion” or the “Company”), the world’s first NASDAQ-listed
Tether Gold (XAU₮) treasury company, today announced its unaudited financial results for the
quarter ended March 31, 2026.
“This quarter marked a transformative leap
for Aurelion, as the Company took meaningful steps towards establishing itself as the world’s first digital gold treasury asset
company and positioning us at the forefront of AI and real-world asset (RWA) tokenization,” said Bjorn Schmidtke, Chief Executive
Officer. “In April, we committed to participate in the XAUE protocol, through which we seek to generate potential yield while preserving
exposure to the underlying asset. The launch of our AI employee Duncan.Aure in March lays the foundation for Aurelion’s broader
AI enabled initiatives and reinforces our commitment to innovation at every layer of the business. We believe Aurelion is well positioned
to lead this charge as a first mover in this space - capturing the upside of gold appreciation alongside on-chain cash flows.”
Business Highlights
| ● | Participation in XAUE: on April 24, 2026, Aurelion committed 10,000 units of XAU₮ (approximately
$48 million) to XAUE, a new protocol that enables yield generation on gold holdings by allowing tokenized gold to be deployed while preserving
exposure to the underlying asset. |
| ● | Welcomed Its First AI Employee Duncan.Aure: Duncan is an
AI agent designed to educate the market about XAUt, and will provide standardized interfaces for automated XAU₮ trading strategies,
cross-protocol DeFi execution and digital gold allocation. |
| ● | NAV: Aurelion NAV as of March 31, 2026 was $116.4 million (33,318 units of XAU₮) and NAV
per share was $3.16. |
For the
quarter ended March 31, 2026, the Company reported operating income of $8.9 million, primarily
driven by fair value gains on XAUt held resulting from the appreciation of gold during the quarter.
Net Asset Value (NAV)
as of March 31, 2026
Aurelion reports the
following unaudited Net Asset Value (“NAV”) based on its unaudited condensed consolidated balance sheet as of March 31, 2026:
| (In US$1 millions, except for XAUT price and unit, unaudited) | |
As of
March 31,
2026 | |
| Digital assets and Cash | |
| 157.6 | |
| Cash & Cash Equivalents | |
| 2.1 | |
| XAUt | |
| 155.5 | |
| Price per Unit (based on 03/31/2026 price) | |
| 4,667 | |
| Units (1 XAUt = 1 troy ounce) | |
| 33,318 | |
| Debt | |
| 41.2 | |
| Net Asset Value(1) | |
| 116.4 | |
| | |
| | |
| Shares Outstanding(2) | |
| 36.8 | |
| NAV per Share | |
| 3.16 | |
| Gold Ounce per Share | |
| 0.00090 | |
| | |
| | |
| XAUt Value per Share(3) | |
| 4.22 | |
| (1) | NAV is calculated as digital assets plus cash minus debt. |
| (2) | The number of shares outstanding is presented in million,
and includes issued and outstanding share capital and pre-funded warrants that were outstanding as of March 31, 2026. |
| (3) | XAUt value is based on the closing price as of March 31,
2026. |
About Aurelion
Aurelion is NASDAQ’s first Tether Gold (XAUt) Real World Asset (RWA) company focused on developing a business around tokenized gold.
XAU₮ combines the stability of physical gold with the efficiency of blockchain, providing investors access to tokenized gold reserve
that could serve as a safe haven to inflation, currency devaluation and crypto volatility. In parallel to building a business around the
development of tokenized gold, Aurelion provides wealth management and asset management services.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology
such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,”
“believes,” “estimates,” “likely to,” and similar statements, although not all forward-looking statements
contain these words. These statements are based on assumptions and assessments made by Aurelion in light of its experience and perception
of historical trends, current conditions, future developments and other factors it believes appropriate. By their nature, forward-looking
statements involve risk and uncertainty, because they relate to events and depend on circumstances that will occur in the future and the
factors described in the context of such forward-looking statements in this announcement could cause actual results and developments to
differ materially from those expressed in or implied by such forward-looking statements. Although it is believed that the expectations
reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct,
and you are therefore cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this
announcement.
Forward-looking statements are not guarantees of future performance.
A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but
not limited to: changes in general economic, business, industry and market conditions, including interest rates and the price of gold;
changes in applicable laws and regulations, including with respect to cryptocurrencies, stablecoin ecosystems and decentralized finance
protocols; the Company’s ability to access additional capital and to attract and retain qualified personnel; changes in the price of digital
assets, including XAU₮, and in the price correlation between stablecoins and their pegged assets; risks associated with holding
digital assets, including price volatility, limited liquidity and trading volumes, susceptibility to market abuse and manipulation, compliance
and internal control failures at exchanges, and other risks inherent in their electronic, virtual-form and decentralized nature; the possibility
of greater fraud, security failures or operational problems on digital asset trading venues compared to more established asset classes,
and any malfunction, breakdown or abandonment of underlying blockchain protocols or other technological difficulties that may prevent
access to or use of digital assets; the fluctuation of the Company’s operating results, including because it may be required to account
for its digital assets at fair value; limitations on the Company’s ability to time the price of its digital asset purchases; potential
subjection to corporate alternative minimum tax due to unrealized fair value gains on digital asset holdings; legal, commercial, regulatory
and technical uncertainty regarding digital assets, including the possibility that regulators reclassify any digital assets the Company
holds as a security or a “cash item,” causing it to be in violation of securities laws or to be classified as an “investment
company” under the Investment Company Act of 1940; competition from other digital asset treasury companies and financial products
related to gold; elevation of rehypothecation risk in times of changing market conditions; risks arising from the use of third-party custodians
for digital assets, including loss of direct control and dependence on such custodians’ security practices and operational integrity,
and the potential loss of digital assets as a result of custodian insolvency, insider theft, or security breaches; and risks associated
with the Company’s participation in the XAUE protocol, including fluctuation of the XAU₮ to XAUE exchange ratio, counterparty default
risk in connection with institutional lending activities, smart contract vulnerabilities or failures, the performance and operational
integrity of the protocol’s issuer, participants and service providers, potential liquidity constraints on the redemption of XAUE, and
other risks identified in the XAUE protocol’s risk disclosure statement. Further information regarding these and other risks is included
in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F. The Company does not undertake
any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required
under applicable law.
Contacts
Investor Contact: ir@aurelion.com
Aurelion Inc.
Condensed Consolidated Statements of
Income
(in USD, except for shares data)
| | |
Three months
ended March 31, | | |
Six months
ended March 31, | |
| | |
2025
(unaudited) | | |
2026
(unaudited) | | |
2025
(unaudited) | | |
2026
(unaudited) | |
| Total net revenue | |
| 287 | | |
| - | | |
| 287 | | |
| - | |
| Operating expense | |
| | | |
| | | |
| | | |
| | |
| Sales and marketing | |
| - | | |
| 99,796 | | |
| - | | |
| 273,273 | |
| General and administrative | |
| 2,978,637 | | |
| 1,902,819 | | |
| 3,571,024 | | |
| 2,927,477 | |
| Provision for credit losses | |
| 2,909 | | |
| - | | |
| 11,407 | | |
| - | |
| Unrealized gain on XAUt and
XAUt collateral receivables due from related party(i) | |
| - | | |
| (10,937,197 | ) | |
| - | | |
| (21,336,746 | ) |
| Total operating expenses/(income) | |
| 2,981,546 | | |
| (8,934,582 | ) | |
| 3,582,431 | | |
| (18,135,996 | ) |
| (Loss)/Income from operations | |
| (2,981,259 | ) | |
| 8,934,582 | | |
| (3,582,144 | ) | |
| 18,135,996 | |
| Non-operating income/(expense) | |
| | | |
| | | |
| | | |
| | |
| - Loan Interests | |
| - | | |
| (603,176 | ) | |
| - | | |
| (1,231,886 | ) |
| - Other income/(expense) | |
| 20,304 | | |
| (387,642 | ) | |
| 24,451 | | |
| (250,804 | ) |
| (Loss)/Income before income tax | |
| (2,960,955 | ) | |
| 7,943,764 | | |
| （3,557,693) | | |
| 16,653,306 | |
| Income tax benefit | |
| 10,500 | | |
| - | | |
| 37,287 | | |
| - | |
| Net (loss)/income | |
| (2,950,455 | ) | |
| 7,943,764 | | |
| (3,520,406 | ) | |
| 16,653,306 | |
| Comprehensive (loss)/income | |
| (2,934,899 | ) | |
| 8,343,975 | | |
| (3,517,962 | ) | |
| 17,113,481 | |
| Weighted average number of ordinary shares | |
| | | |
| | | |
| | | |
| | |
| Basic(ii) | |
| 3,459,636 | | |
| 34,604,083 | | |
| 2,868,467 | | |
| 33,133,090 | |
| Diluted(ii) | |
| 3,459,636 | | |
| 37,595,522 | | |
| 2,868,467 | | |
| 36,124,528 | |
| (Loss)/Earnings per share | |
| | | |
| | | |
| | | |
| | |
| Basic(ii) | |
| (0.85 | ) | |
| 0.23 | | |
| (1.23 | ) | |
| 0.50 | |
| Diluted(ii) | |
| (0.85 | ) | |
| 0.21 | | |
| (1.23 | ) | |
| 0.46 | |
| (i) | Represents unrealized gains on XAUt assets held by the Company
as of the reporting date and no XAUt assets were sold during the period. |
| (ii) | All share and per share data for prior periods have been
retrospectively adjusted to reflect the 1-for-10 share consolidation effective February 19, 2026. |
Aurelion Inc.
Condensed Consolidated Balance Sheets
(in USD)
| | |
As of
September 30, | | |
As of
March 31, | |
| | |
2025 | | |
2026 | |
| | |
| | |
(unaudited) | |
| Assets | |
| | |
| |
| Current assets: | |
| | |
| |
| Cash and cash equivalents | |
| 5,024 | | |
| 2,071,983 | |
| Crypto assets held | |
| - | | |
| 133 | |
| XAUt | |
| - | | |
| 77,960,693 | |
| Amounts due from related parties | |
| - | | |
| - | |
| Prepaid expenses and other current assets | |
| 14,126 | | |
| 117,703 | |
| Deferred offering cost | |
| 12,466 | | |
| - | |
| Total current assets | |
| 31,616 | | |
| 80,150,512 | |
| Non-current assets: | |
| | | |
| | |
| XAUt collateral receivable from related party(i) | |
| - | | |
| 77,526,892 | |
| Deferred offering cost | |
| - | | |
| 400,573 | |
| Total non-current assets | |
| - | | |
| 77,927,465 | |
| Total assets | |
| 31,616 | | |
| 158,077,977 | |
| Liabilities and shareholders’ equity Current liabilities: | |
| | | |
| | |
| Amounts due to related parties | |
| 1,664 | | |
| 126,922 | |
| Accrued expenses and other current liabilities(ii) | |
| 321,611 | | |
| 1,210,372 | |
| Total current liabilities | |
| 323,275 | | |
| 1,337,294 | |
| Non-current liabilities: | |
| | | |
| | |
| Loan payables due to related party | |
| - | | |
| 41,200,878 | |
| Total non-current liabilities | |
| - | | |
| 41,200,878 | |
| Total liabilities | |
| 323,275 | | |
| 42,538,172 | |
| Total shareholders’ (deficit)/equity | |
| (291,659 | ) | |
| 115,539,805 | |
| Total liabilities and shareholders’ equity | |
| 31,616 | | |
| 158,077,977 | |
| (i) | XAUt collateral receivable
from related party serves as collateral for the loan payable due to related party of $41,200,878. |
| (ii) | Accrued expenses and other
current liabilities include accrued liabilities, other payables and the payroll payable |
4
