---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-045385"
form_type: "8-K"
ticker: "AGH"
cik: "0002009312"
company_name: "Aureus Greenway Holdings Inc"
filed_at: "2026-10-01T21:20:31+00:00"
generated_at: "2026-10-12T14:28:28.877072+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Powerus completes merger with Aureus Greenway; legacy holders get 93% voting power, BDO replaces WWC as auditor

## Summary
- Merger closed Oct. 1, 2026: each Legacy Powerus share converted into 599.18229 shares of Company stock; ~134.6M shares issued plus 21.8M replacement options and 28.6M replacement warrants.
- Legacy Powerus stockholders held ~83% of shares outstanding post-close and ~93% of voting power after the Series A Preferred exchange with The Steven Scopellite 2021 Irrevocable Trust.
- Andrew Fox named CEO and Chairperson; Edward Jordan CFO; Brett Velicovich President; Saker and Lui resigned; board adds Velicovich, Finger, Britton, Allorto, Jeremic stays.
- WWC, P.C. dismissed as auditor and BDO USA appointed after the Q3 2026 Form 10-Q filing; AGH disclosed material weaknesses in ICFR as of June 30, 2026 (segregation of duties, GAAP staffing).
- Milestones cited: ~$2.5M order for 1,500 U.S.-made FPV drones and kits; Air Force IDIQ for the Guardian-2 counter-drone interceptor with ceiling up to $90M through mid-2028.

## SEC filing metadata
- accession: 0001493152-26-045385
- form_type: 8-K
- ticker: AGH
- cik: 0002009312
- company_name: Aureus Greenway Holdings Inc
- filed_at: 2026-10-01T21:20:31+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.03, 4.01, 5.01, 5.02, 5.03, 5.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2009312/000149315226045385/0001493152-26-045385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2009312/000149315226045385/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-045385
- JSON: https://secwatch.observer/filing/0001493152-26-045385.json
- Plain text: https://secwatch.observer/filing/0001493152-26-045385.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.