CEO Andrew Fox Holds 14.2% of Powerus and 33.5% Voting Control After Merger
PUSA is trading near its 52-week low of $2.34 (12% above the low) on elevated volume (2.2× avg).
Summary
CEO Andrew Fox disclosed a 14.2% stake in Powerus and 33.5% voting control through Series A Preferred Stock following the merger, along with options priced at $0.75 per share and a three-year employment agreement.
Key Events · Ownership and Investor Activity · PUSA
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Fox Holds 14.2% of Common Stock
Andrew Fox beneficially owns 17,437,604 shares of Common Stock plus options to purchase 6,689,871 shares, representing 14.2% of the 163,838,861 shares outstanding after the merger.
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33.5% Voting Control via Preferred Stock
Fox acquired 5,000,000 shares of Series A Preferred Stock (20 votes per share) in exchange for 200,000 shares of Common Stock, giving him approximately 33.5% of total voting power.
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Options Priced at $0.75 Per Share
Fox received options to purchase 6,689,871 shares at $0.75 per share, compared to the $3.20 closing price on the merger date of October 1, 2026.
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CEO Employment Agreement Terms
Fox's three-year employment agreement provides a $350,000 base salary, $150,000 annual incentive for FY2026, and a target incentive of not less than 100% of base salary in subsequent years.
Analysis · PUSA · Trade & Services
Andrew Fox, the newly appointed CEO and Chairman of Powerus, disclosed a 14.2% beneficial ownership stake in the company following the October 1 merger with Aureus Greenway. More significantly, Fox acquired 5 million shares of Series A Preferred Stock carrying 20 votes per share, giving him approximately 33.5% of total voting power — a level of control that effectively makes him the dominant shareholder. The filing also reveals Fox received options to purchase 6.69 million shares at $0.75 per share, well below the $3.20 closing price on the merger date, and details his employment agreement with a $350,000 base salary plus incentive compensation. The lock-up agreement releases his shares in three tranches over 180 days, meaning a significant portion of his holdings could become tradable in the coming months.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 28.8% of the 1686 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, PUSA was trading at $2.62 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $70.5M. The 52-week trading range was $2.34 to $8.25. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.