Aureus Greenway Holdings to Buy Powerus in Drone Pivot, With $9 Million Raise
Aureus Greenway Holdings said on Monday it agreed to buy Autonomous Power, which does business as Powerus, in an all-stock deal designed to take the drone maker public. The combined company will be renamed Powerus Corp, while the Nasdaq-listed golf-course operator has also arranged about $9 million of fresh financing to support the deal.
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