M&A
confidence high
sentiment neutral
materiality 0.85
Shorepower merges with Aeternum Health; pivots to longevity/anti-aging; Paul Mann takes control
SHOREPOWER TECHNOLOGIES INC.
- Issues 51% of common (42M shares) and 2M Series B preferred (40 votes each) to Paul Mann for control.
- Jeff Kim resigns as CEO/director; Paul Mann appointed CEO and sole director. Kim to cancel 13M shares in stages.
- Aeternum Health contributes at least $1.5M cash, novel peptide mix data, and commercialization business.
- Company to change name to Aeternum Health Inc., increase authorized shares to 250M, and spin out transportation electrification assets.
- Closing subject to conditions; Aeternum Health was formed Oct 2025 and is acquiring assets for closing.