{"success":true,"data":{"pressRelease":{"id":"67782","rtpr_id":"nPn7F4fZFa","ticker":"LGHL","exchange":"NASDAQ","all_tickers":["LGHL"],"title":"Lion Group Holding Ltd. Signs Non-Binding Memorandum of Understanding to Acquire Aquila Hash, Inc.","author":"PR Newswire","published_at":"2026-06-18T13:15:00.251Z","article_body":"Lion Group Holding Ltd. Signs Non-Binding Memorandum of Understanding to Acquire Aquila Hash, Inc.\n\nPR Newswire\n\nSINGAPORE, June 18, 2026\n\nSINGAPORE, June 18, 2026 /PRNewswire/ -- Lion Group Holding Ltd. (NASDAQ:\nLGHL) (\"Lion Group\" or the \"Company\"), today announced that it has entered\ninto a non-binding memorandum of understanding (\"MOU\") with Aquila Hash, Inc.\n(\"Aquila Hash\"), a U.S.-headquartered global AI infrastructure platform\ncompany, to acquire 100% of the issued and outstanding capital stock of Aquila\nHash for consideration to be determined in definitive agreements.\n\nUnder the proposed transaction, Lion Group aims to acquire Aquila Hash, a\npioneer in developing and operating AI Factories, GPU cloud platforms, and\nAI-native services. Aquila Hash provides end-to-end AI infrastructure\nsolutions, including data center fit-out and deployment, global supply chain\nservices, GPU cluster integration, and operations management. The Company has\nestablished a strong footprint across North America, Asia-Pacific, and Europe,\nsupporting large-scale AI infrastructure projects for hyperscalers and\nenterprises.\n\nThis strategic acquisition aligns with Lion Group's vision to strengthen its\npresence in the rapidly growing AI infrastructure sector, capitalizing on the\nexplosive demand for high-performance computing capacity driven by AI adoption\nworldwide.\n\n\"Aquila Hash's advanced AI infrastructure capabilities and proven execution in\ndeploying GW-scale data center projects make it an ideal addition to Lion\nGroup. This transaction will enable us to deliver comprehensive AI solutions\nglobally, accelerating our growth in the AI economy. We are excited to partner\nwith Aquila Hash's talented team and look forward to driving significant value\nfor our stakeholders,\" said Wilson Wang, Chief Executive Officer of Lion Group\nHolding Ltd.\n\n\"We are pleased to enter into this MOU with Lion Group and explore the\npotential for a strategic combination,\" said Bin Yang, Co-Founder and Chief\nExecutive Officer of Aquila Hash.\n\n\"Aquila Hash has built a strong foundation in AI Factory development, GPU\ncloud services, and AI infrastructure operations. As global demand for AI\ninfrastructure continues to accelerate, access to capital, strategic\nresources, and scalable operating platforms will become increasingly important\nto supporting the next phase of growth. We believe Lion Group's public company\nplatform, capital markets expertise, and financing capabilities could create\nmeaningful opportunities to accelerate our expansion, strengthen our ability\nto execute larger-scale AI infrastructure projects, and further advance our\nvision of building the foundational infrastructure layer for the next\ngeneration of artificial intelligence. We look forward to working closely with\nLion Group to evaluate the potential strategic benefits and long-term value\ncreation opportunities for both organizations.\"\n\nThe transaction remains subject to the completion of due diligence,\nnegotiation and execution of definitive agreements, and satisfaction of\ncustomary closing conditions. The MOU is non-binding (except for certain\nprovisions such as exclusivity, confidentiality, and termination), and there\ncan be no assurance that a definitive agreement will be reached or that the\nproposed acquisition will be consummated.\n\nAbout Lion Group Holding Ltd.\n\nLion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in-one,\nstate-of-the-art trading platform that offers a wide spectrum of products and\nservices, including (i) total return swap (TRS) trading, (ii)\ncontract-for-difference (CFD) trading, and (iii) Over-the-counter (OTC) stock\noptions trading. Additional information may be found at\nhttp://ir.liongrouphl.com (http://ir.liongrouphl.com/) .\n\nAbout Aquila Hash, Inc.\n\nAquila Hash is a global AI infrastructure platform company headquartered in\nthe United States, focused on developing and operating AI Factories, GPU cloud\nplatforms, and AI native services. Through its integrated ecosystem of data\ncenter capacity, power infrastructure, hardware supply chains, and AI platform\ntechnologies, the Company enables enterprises to deploy, scale, and optimize\nAI workloads across global markets.\n\nWith end-to-end capabilities spanning infrastructure sourcing, data center\ndeployment, AI cluster integration, operations management, and platform\ndevelopment, Aquila Hash has established a global operating footprint across\nNorth America, Asia-Pacific, and Europe. The Company has supported the\ndevelopment and operation of large-scale AI infrastructure projects and\ncontinues to expand its AI cloud and platform businesses to address the\nrapidly growing demand for AI computing capacity.\n\nAquila Hash is building the next generation of AI native compute\ninfrastructure, positioning itself as a key enabler of the global AI economy\nand a foundational infrastructure layer for future AI applications.\n\nForward-Looking Statements\n\nThis press release contains, \"forward-looking statements\" within the meaning\nof Section 21E of the Securities Exchange Act of 1934, as amended. These\nforward-looking statements are made under the \"safe harbor\" provisions of the\nU.S. Private Securities Litigation Reform Act of 1995. Lion's actual results\nmay differ from their expectations, estimates and projections and\nconsequently, you should not rely on these forward-looking statements as\npredictions of future events. Words such as \"expect,\" \"estimate,\" \"project,\"\n\"budget,\" \"forecast,\" \"anticipate,\" \"intend,\" \"plan,\" \"may,\" \"will,\" \"could,\"\n\"should,\" \"believes,\" \"predicts,\" \"potential,\" \"might\" and \"continues,\" and\nsimilar expressions are intended to identify such forward-looking statements.\nThese forward-looking statements include, but are not limited to, statements\nabout: Lion's entry into a memorandum of understanding and its anticipated\nbenefits; the proposed acquisition of Aquila Hash, including the ability to\nnegotiate and execute definitive agreements, the expected timing, structure,\nand terms of the transaction, and the satisfaction of closing conditions; the\nexpected benefits and synergies of the proposed transaction, including the\nability to deliver comprehensive AI solutions globally, accelerate growth in\nthe AI infrastructure sector, and create value for stakeholders; the ability\nto successfully integrate Aquila Hash's business, operations, technology, and\npersonnel; expectations regarding the AI infrastructure market and demand for\nhigh-performance computing capacity; Lion's goals and strategies; Lion's\nfuture business development, financial condition and results of operations;\nand assumptions underlying or related to any of the foregoing. Lion cautions\nthat the foregoing list of factors is not exclusive. Lion cautions readers not\nto place undue reliance upon any forward-looking statements, which speak only\nas of the date made. Lion does not undertake or accept any obligation or\nundertaking to release publicly any updates or revisions to any\nforward-looking statements to reflect any change in its expectations or any\nchange in events, conditions or circumstances on which any such statement is\nbased, subject to applicable law. Additional information concerning these and\nother factors that may impact our expectations and projections can be found in\nLion's periodic filings with the SEC, including Lion's Annual Report on Form\n20-F for the fiscal year ended December 31, 2025. Lion's SEC filings are\navailable publicly on the SEC's website at www.sec.gov (https://www.sec.gov/)\n.\n\nContacts\n\nLion Group Holding Ltd.\nTel: +65 8877 3871\nEmail: ir@liongrouphl.com (mailto:ir@liongrouphl.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/lion-group-holding-ltd-signs-non-binding-memorandum-of-understanding-to-acquire-aquila-hash-inc-302804132.html\n(https://www.prnewswire.com/news-releases/lion-group-holding-ltd-signs-non-binding-memorandum-of-understanding-to-acquire-aquila-hash-inc-302804132.html)\n\nSOURCE Lion Group Holding Ltd.\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn7F4fZFa","title":"Lion Group Holding Ltd. Signs Non-Binding Memorandum of Understanding to Acquire Aquila Hash, Inc.","author":"PR Newswire","ticker":"LGHL","created":"2026-06-18T13:15:00.251Z","tickers":["LGHL"],"exchange":"NASDAQ","article_body":"Lion Group Holding Ltd. Signs Non-Binding Memorandum of Understanding to Acquire Aquila Hash, Inc.\n\nPR Newswire\n\nSINGAPORE, June 18, 2026\n\nSINGAPORE, June 18, 2026 /PRNewswire/ -- Lion Group Holding Ltd. (NASDAQ:\nLGHL) (\"Lion Group\" or the \"Company\"), today announced that it has entered\ninto a non-binding memorandum of understanding (\"MOU\") with Aquila Hash, Inc.\n(\"Aquila Hash\"), a U.S.-headquartered global AI infrastructure platform\ncompany, to acquire 100% of the issued and outstanding capital stock of Aquila\nHash for consideration to be determined in definitive agreements.\n\nUnder the proposed transaction, Lion Group aims to acquire Aquila Hash, a\npioneer in developing and operating AI Factories, GPU cloud platforms, and\nAI-native services. Aquila Hash provides end-to-end AI infrastructure\nsolutions, including data center fit-out and deployment, global supply chain\nservices, GPU cluster integration, and operations management. The Company has\nestablished a strong footprint across North America, Asia-Pacific, and Europe,\nsupporting large-scale AI infrastructure projects for hyperscalers and\nenterprises.\n\nThis strategic acquisition aligns with Lion Group's vision to strengthen its\npresence in the rapidly growing AI infrastructure sector, capitalizing on the\nexplosive demand for high-performance computing capacity driven by AI adoption\nworldwide.\n\n\"Aquila Hash's advanced AI infrastructure capabilities and proven execution in\ndeploying GW-scale data center projects make it an ideal addition to Lion\nGroup. This transaction will enable us to deliver comprehensive AI solutions\nglobally, accelerating our growth in the AI economy. We are excited to partner\nwith Aquila Hash's talented team and look forward to driving significant value\nfor our stakeholders,\" said Wilson Wang, Chief Executive Officer of Lion Group\nHolding Ltd.\n\n\"We are pleased to enter into this MOU with Lion Group and explore the\npotential for a strategic combination,\" said Bin Yang, Co-Founder and Chief\nExecutive Officer of Aquila Hash.\n\n\"Aquila Hash has built a strong foundation in AI Factory development, GPU\ncloud services, and AI infrastructure operations. As global demand for AI\ninfrastructure continues to accelerate, access to capital, strategic\nresources, and scalable operating platforms will become increasingly important\nto supporting the next phase of growth. We believe Lion Group's public company\nplatform, capital markets expertise, and financing capabilities could create\nmeaningful opportunities to accelerate our expansion, strengthen our ability\nto execute larger-scale AI infrastructure projects, and further advance our\nvision of building the foundational infrastructure layer for the next\ngeneration of artificial intelligence. We look forward to working closely with\nLion Group to evaluate the potential strategic benefits and long-term value\ncreation opportunities for both organizations.\"\n\nThe transaction remains subject to the completion of due diligence,\nnegotiation and execution of definitive agreements, and satisfaction of\ncustomary closing conditions. The MOU is non-binding (except for certain\nprovisions such as exclusivity, confidentiality, and termination), and there\ncan be no assurance that a definitive agreement will be reached or that the\nproposed acquisition will be consummated.\n\nAbout Lion Group Holding Ltd.\n\nLion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in-one,\nstate-of-the-art trading platform that offers a wide spectrum of products and\nservices, including (i) total return swap (TRS) trading, (ii)\ncontract-for-difference (CFD) trading, and (iii) Over-the-counter (OTC) stock\noptions trading. Additional information may be found at\nhttp://ir.liongrouphl.com (http://ir.liongrouphl.com/) .\n\nAbout Aquila Hash, Inc.\n\nAquila Hash is a global AI infrastructure platform company headquartered in\nthe United States, focused on developing and operating AI Factories, GPU cloud\nplatforms, and AI native services. Through its integrated ecosystem of data\ncenter capacity, power infrastructure, hardware supply chains, and AI platform\ntechnologies, the Company enables enterprises to deploy, scale, and optimize\nAI workloads across global markets.\n\nWith end-to-end capabilities spanning infrastructure sourcing, data center\ndeployment, AI cluster integration, operations management, and platform\ndevelopment, Aquila Hash has established a global operating footprint across\nNorth America, Asia-Pacific, and Europe. The Company has supported the\ndevelopment and operation of large-scale AI infrastructure projects and\ncontinues to expand its AI cloud and platform businesses to address the\nrapidly growing demand for AI computing capacity.\n\nAquila Hash is building the next generation of AI native compute\ninfrastructure, positioning itself as a key enabler of the global AI economy\nand a foundational infrastructure layer for future AI applications.\n\nForward-Looking Statements\n\nThis press release contains, \"forward-looking statements\" within the meaning\nof Section 21E of the Securities Exchange Act of 1934, as amended. These\nforward-looking statements are made under the \"safe harbor\" provisions of the\nU.S. Private Securities Litigation Reform Act of 1995. Lion's actual results\nmay differ from their expectations, estimates and projections and\nconsequently, you should not rely on these forward-looking statements as\npredictions of future events. Words such as \"expect,\" \"estimate,\" \"project,\"\n\"budget,\" \"forecast,\" \"anticipate,\" \"intend,\" \"plan,\" \"may,\" \"will,\" \"could,\"\n\"should,\" \"believes,\" \"predicts,\" \"potential,\" \"might\" and \"continues,\" and\nsimilar expressions are intended to identify such forward-looking statements.\nThese forward-looking statements include, but are not limited to, statements\nabout: Lion's entry into a memorandum of understanding and its anticipated\nbenefits; the proposed acquisition of Aquila Hash, including the ability to\nnegotiate and execute definitive agreements, the expected timing, structure,\nand terms of the transaction, and the satisfaction of closing conditions; the\nexpected benefits and synergies of the proposed transaction, including the\nability to deliver comprehensive AI solutions globally, accelerate growth in\nthe AI infrastructure sector, and create value for stakeholders; the ability\nto successfully integrate Aquila Hash's business, operations, technology, and\npersonnel; expectations regarding the AI infrastructure market and demand for\nhigh-performance computing capacity; Lion's goals and strategies; Lion's\nfuture business development, financial condition and results of operations;\nand assumptions underlying or related to any of the foregoing. Lion cautions\nthat the foregoing list of factors is not exclusive. Lion cautions readers not\nto place undue reliance upon any forward-looking statements, which speak only\nas of the date made. Lion does not undertake or accept any obligation or\nundertaking to release publicly any updates or revisions to any\nforward-looking statements to reflect any change in its expectations or any\nchange in events, conditions or circumstances on which any such statement is\nbased, subject to applicable law. Additional information concerning these and\nother factors that may impact our expectations and projections can be found in\nLion's periodic filings with the SEC, including Lion's Annual Report on Form\n20-F for the fiscal year ended December 31, 2025. Lion's SEC filings are\navailable publicly on the SEC's website at www.sec.gov (https://www.sec.gov/)\n.\n\nContacts\n\nLion Group Holding Ltd.\nTel: +65 8877 3871\nEmail: ir@liongrouphl.com (mailto:ir@liongrouphl.com)\n\nView original\ncontent:https://www.prnewswire.com/news-releases/lion-group-holding-ltd-signs-non-binding-memorandum-of-understanding-to-acquire-aquila-hash-inc-302804132.html\n(https://www.prnewswire.com/news-releases/lion-group-holding-ltd-signs-non-binding-memorandum-of-understanding-to-acquire-aquila-hash-inc-302804132.html)\n\nSOURCE Lion Group Holding Ltd.\n\n\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-06-18T13:15:00.293580482Z","server_sent_at_ms":1781788500293},"received_at":"2026-06-18T13:15:00.413Z","source_url":"https://www.prnewswire.com/news-releases/lion-group-holding-ltd-signs-non-binding-memorandum-of-understanding-to-acquire-aquila-hash-inc-302804132.html"},"analysis":{"id":"57197","press_release_id":"67782","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":["Transaction is non-binding and subject to definitive agreements","Deal consideration and terms are to be determined","Significant strategic pivot from financial trading platform to AI infrastructure"],"eventType":"m_and_a","narrative":"Lion Group Holding Ltd. signed a non-binding memorandum of understanding to acquire 100% of Aquila Hash, Inc., a U.S.-based AI infrastructure platform.\n\nThe proposed transaction aims to pivot the trading platform company into the AI economy by leveraging Aquila Hash's capabilities in GPU cloud platforms and data center deployment.\n\nThe deal remains subject to due diligence and definitive agreements, with the purchase consideration yet to be determined.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Lion Group pivots to AI with non-binding MOU to acquire Aquila Hash; valuation undisclosed."},"keyFigures":{"customDimensions":{"percent_acquired":"100%"}},"quotedText":"Aquila Hash's advanced AI infrastructure capabilities and proven execution in deploying GW-scale data center projects make it an ideal addition to Lion Group.","namedEntities":{"people":[{"name":"Wilson Wang","role":"Chief Executive Officer of Lion Group Holding Ltd."},{"name":"Bin Yang","role":"Co-Founder and Chief Executive Officer of Aquila Hash"}],"products":[],"companies":[{"name":"Lion Group Holding Ltd.","ticker":"LGHL"},{"name":"Aquila Hash, Inc.","relationship":"target"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"The company announced a non-binding MOU to acquire 100% of Aquila Hash, representing a strategic pivot into AI infrastructure. However, the lack of disclosed consideration and the non-binding nature of the agreement introduce significant execution risk, tempering the immediate materiality."},"tickerRelevance":{"others":[],"primary":"LGHL"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","sectorPivot":"financials-to-ai","eventGravity":"non-binding-mou"}},"event_type":"m_and_a","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Lion Group Holding Ltd. signed a non-binding memorandum of understanding to acquire 100% of Aquila Hash, Inc., a U.S.-based AI infrastructure platform.\n\nThe proposed transaction aims to pivot the trading platform company into the AI economy by leveraging Aquila Hash's capabilities in GPU cloud platforms and data center deployment.\n\nThe deal remains subject to due diligence and definitive agreements, with the purchase consideration yet to be determined.","key_figures":{"customDimensions":{"percent_acquired":"100%"}},"named_entities":{"people":[{"name":"Wilson Wang","role":"Chief Executive Officer of Lion Group Holding Ltd."},{"name":"Bin Yang","role":"Co-Founder and Chief Executive Officer of Aquila Hash"}],"products":[],"companies":[{"name":"Lion Group Holding Ltd.","ticker":"LGHL"},{"name":"Aquila Hash, Inc.","relationship":"target"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-18T13:53:58.183Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","sectorPivot":"financials-to-ai","eventGravity":"non-binding-mou"}},"durationMs":285109,"modelName":"george-droid-qwen-72b"}}