Powerus Corp (PUSA) Form SCHEDULE 13D — Oct 8, 2026
Andrew Fox filed a Schedule 13D on Powerus Corp (PUSA) disclosing beneficial ownership of 24,127,475 shares, or approximately 14.2% of common stock outstanding, following the October 1, 2026 closing of the merger between Aureus Greenway Holdings and Autonomous Power Corporation. Fox was appointed CEO and Chairman effective at closing and separately acquired 5,000,000 shares of Series A Preferred Stock (20 votes per share), giving him estimated control of approximately 33.5% of the company's voting power. He also holds options to purchase 6,689,871 additional shares at $0.75 per share under a three-year employment agreement with a $350,000 base salary.
Key figures
- Option shares
- 6689871
- Exchange ratio
- 599.18229 shares per Powerus common share
- Ceo base salary
- $350,000
- Earn out shares
- 55000000
- Percent voting power
- 33.5%
- Option exercise price
- $0.75
- Fy2026 incentive award
- $150,000
- Closing price oct 1 2026
- $3.20
- Series a votes per share
- 20
- Shares beneficially owned
- 24127475
- Series a preferred shares held
- 5000000
- Common shares outstanding post closing
- 163838861
AI analysis
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