Powerus Completes Merger with Aureus Greenway, Now Trading as PUSA on Nasdaq
PUSA sits 25% above its 52-week low of $2.6 on elevated volume (5.9× avg).
Summary
Powerus Corporation completed its merger with Aureus Greenway Holdings on October 1, 2026, becoming a publicly traded defense technology company on Nasdaq under ticker PUSA. Legacy Powerus holders now own approximately 93% of voting power, and the company installed a new board, executive team, and auditor.
Key Events · M&A and Partnerships · PUSA
-
Merger Consummated
Powerus Corporation completed its merger with Aureus Greenway Holdings on October 1, 2026. Legacy Powerus stockholders received approximately 134.6 million shares of common stock, 21.8 million replacement options, and 28.6 million replacement warrants.
-
Control Shift to Legacy Powerus
Legacy Powerus stockholders now hold approximately 93% of voting power after a Series A Preferred Stock exchange agreement involving Andrew Fox, Roman Vintfeld, Michael Sinensky, and The Steven Scopellite 2021 Irrevocable Trust.
-
Authorized Shares Increased to 800M
The amended and restated articles of incorporation increased authorized common stock to 800,000,000 shares and authorized 50,000,000 shares of preferred stock, including 20,000,000 Series A Preferred shares with 20 votes per share.
-
Auditor Change
WWC, P.C. was dismissed as independent auditor effective upon completion of its Q3 2026 review, and BDO USA, P.C. was appointed. WWC's prior reports contained no adverse opinions, but material weaknesses in internal controls were previously disclosed.
Analysis · PUSA · Trade & Services
The merger between Aureus Greenway Holdings and Autonomous Power Corporation (Powerus) closed on October 1, 2026, transforming the company into a publicly traded defense technology firm. Legacy Powerus stockholders now control approximately 93% of voting power after receiving 134.6 million shares plus 21.8 million replacement options and 28.6 million replacement warrants. The company simultaneously increased authorized common stock to 800 million shares, replaced its auditor (WWC dismissed, BDO appointed), and installed an entirely new board and executive team led by CEO Andrew Fox. This is a thesis-altering event: the company's business, governance, capital structure, and leadership all changed in a single day.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 41.6% of the 317 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.47%. 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 $3.26 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $88.5M. The 52-week trading range was $2.60 to $8.25. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.