Aureus Greenway Holdings Plans $26M Private Placement

Aureus Greenway Holdings Inc., a Florida-based operator of daily fee golf country clubs, has announced a $26 million private placement under Nasdaq rules involving the issuance of common stock, pre-funded warrants, and two classes of common warrants priced at $0.87 per unit. The offering includes 41,935,483 shares or pre-funded warrants, with common warrant A exercisable at $1.00 and common warrant B at $1.25, both valid for five years post-closing. The private placement is expected to close on July 25, 2025, and is targeted at accredited and institutional investors. Proceeds from the offering will be used for working capital and general corporate purposes to strengthen the company's financial position. Revere Securities LLC and Dominari Securities LLC are managing the placement, and Aureus Greenway plans to file a registration statement with the SEC to enable resale of the securities. The company's strategic focus is on capturing discretionary leisure spending in Florida's golf market by offering appealing golf experiences to locals and tourists alike.