Powerus Corp entered an employment agreement with Leah Lunger to serve as Chief Accounting Officer, with an expected start date of November 16, 2026. The agreement provides an initial base salary of $235,000; she is also eligible for target annual incentive awards under the company’s bonus program or cash incentive plan and employee benefits.
As part of her hiring, Lunger will receive 150,000 non-qualified stock options and 50,000 restricted stock units, each vesting quarterly over four years beginning three months after her start date. If her employment is terminated without cause, she is entitled to severance equal to three months of base salary. She previously served as Red Cat Holdings’ Chief Financial Officer from 2024 to 2025.
Powerus Corporation (PUSA) is registering up to $250,000,000 in aggregate issuer securities for future offerings, plus a separate resale of up to 7,409,209 common shares by selling stockholders. The issuer securities include common and preferred stock, debt securities, depositary certificates, warrants and units. The resale shares comprise 2,359,667 currently outstanding common shares and 5,049,542 shares issuable upon exercise of pre-funded warrants.
After effectiveness, Powerus may offer its securities from time to time through prospectus supplements, and selling stockholders may resell some, all or none of their shares. Net proceeds from issuer sales are intended for general corporate purposes, including business expansion, acquisitions, other business opportunities, and debt repayment or refinancing. Powerus will receive no proceeds from selling-stockholder resales. Powerus had 168,838,861 common shares outstanding as of October 15, 2026.
Powerus Corporation completed its acquisition of Autonomous Power Corporation on October 1, 2026. The amendment adds Autonomous Power Corporation’s unaudited financial statements and pro forma financial information for Aureus Greenway Holdings and Autonomous Power Corporation, each for the six months ended June 30, 2026.
Autonomous Power Corporation’s successor statements report revenue of $5,670,889, gross profit of $2,191,877, and a net loss of $17,341,997 for the six months ended June 30, 2026. Net cash used in operating activities was $13,687,095. As of June 30, 2026, cash and cash equivalents were $25,007,680, investments in debt securities were $62,912,734, total assets were $107,733,139, and total liabilities were $60,022,863. The statements say successor and predecessor periods use different bases and are not directly comparable.
Powerus Corp’s merger with Autonomous Power Corporation closed on October 1, 2026, converting Powerus common stock into issuer common stock at an exchange ratio of 599.18229 shares per share, plus a pro rata portion of 55,000,000 additional Earn Out Shares. No cash consideration was paid in the merger. Roman Vintfeld, Co-founder & EVP of Sales and Marketing, and Droneclad LLC reported beneficial ownership of 11,847,161 common shares and options to purchase 3,000,106 shares, which the statement says represented approximately 8.9% of common shares outstanding. Vintfeld directly holds 549,570 common shares and options exercisable at $0.75 per share; Droneclad directly holds 11,297,591 common shares.
Droneclad separately acquired 2,500,000 Series A Preferred shares in exchange for 100,000 common shares. The preferred shares vote with common stock and carry 20 votes per share; the reporting persons estimated their combined voting power at approximately 17.7%. Lock-Up Shares are scheduled for release in three tranches of 33.33% at closing, 90 days after closing, and 180 days after closing.
Powerus Corp (PUSA) reported that Michael Sinensky, its Co-founder & EVP of Marketing and Comms, and Aeromaris MAS LLC may be deemed to beneficially own 16,323,718 shares of Common Stock and 3,000,106 shares issuable upon Sinensky’s options, representing approximately 11.6% of Common Stock outstanding. Sinensky’s options have an exercise price of $0.75 per share.
Aeromaris separately acquired 2,500,000 Series A Preferred shares in exchange for 100,000 Common Stock shares. Each preferred share has 20 votes and votes with Common Stock; the Reporting Persons estimate their voting power at approximately 18.9%. A lock-up provides for 33.33% of covered shares to be released at closing and additional 33.33% tranches 90 and 180 days after closing.
Powerus Corp reports that AUT Holdings LLC directly held 27,487,342 common shares as of October 1, 2026. KCGI Innovative Growth ESG Private Equity Fund 1 and Fund 1-1 are AUT Holdings’ members, and KCGI Co., Ltd. is the general partner of both funds. Taewon Kim, Taedoo Chung, Hyunchol Lim and Sungboo Kang are members of the general partner’s investment committee and share authority to vote and dispose of the shares. Each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Powerus Corp completed its merger with Autonomous Power Corporation on October 1, 2026, with Autonomous Power Corporation surviving as a wholly owned subsidiary; Andrew Fox became CEO and Chairman. Each outstanding Powerus common share was converted into 599.18229 shares of Powerus Corp common stock plus a pro rata portion of 55,000,000 additional shares. No cash consideration was paid in the merger.
Fox beneficially owned 17,437,604 common shares and options to purchase 6,689,871 shares, an aggregate of 24,127,475 shares representing 14.2% of common stock outstanding. Common shares outstanding were 163,838,861 immediately following the Closing. Separately, Fox acquired 5,000,000 Series A preferred shares, which carry 20 votes each and vote with common stock; his estimated voting power was approximately 33.5%. Lock-Up Shares are scheduled for release in three tranches of 33.33% each: at Closing, 90 days after Closing, and 180 days after Closing.
Aureus Greenway Holdings Inc (PUSA) is the issuer whose common stock is covered by a joint Schedule 13G reporting 27,487,342 shares, or 16.77% of the class. AUT Holdings LLC is the record holder of those shares. KCGI Innovative Growth ESG Private Equity Fund 1 and Fund 1-1, as AUT members, and KCGI Co., Ltd., as general partner of the Funds, may be deemed to beneficially own the same shares.
The cover-page entries list 19,551,746 shares for Fund 1 and 7,935,596 for Fund 1-1. Taewon Kim, Taedoo Chung, Hyunchol Lim and Sungboo Kang, identified as Committee Members of KCGI, may be deemed to share voting and disposition power over the Record Shares. The reported percentage is based on 163,838,861 shares outstanding as of October 1, 2026. Each reporting person disclaims beneficial ownership except to the extent of its or his pecuniary interest, if any.
Aureus Greenway Holdings Inc. (PUSA) is identified as the issuer; the report names Powerus Corporation as registrant and reports its appointment of Colin Chisholm as chief operating officer, with an expected start date of October 12, 2026. Chisholm was most recently chief operating officer of Forterra from 2024 to 2026 and previously held production and engineering leadership roles; he served in the U.S. Marine Corps from 2003 to 2014.
The planned employment agreement has an initial two-year term and a $325,000 initial base salary. Chisholm’s target annual incentive opportunity is 30%-40% of his then-current annual base salary, with the actual amount determined under the company’s bonus program or cash incentive plan. He will receive 300,000 restricted stock units, vesting in six-month increments over four years beginning six months after his start date. The registrant also reported completing its merger with Autonomous Power Corporation on October 1, 2026, issuing approximately 134.6 million common shares; 163,838,861 common shares were outstanding immediately after closing.
Aureus Greenway Holdings Inc (symbol: PUSA) is the issuer of record for a Form 3 filing submitted to the SEC.