BitRush signs LOI to acquire air filtration firm Dexwet Holdings in reverse takeover deal

• BitRush entered a non-binding LOI to acquire privately held Dexwet Holdings in an all-share deal.
• Dexwet shareholders would receive common shares expected to represent about 60% of the combined company.
• Existing BitRush shareholders are projected to hold about 20%, with another 20% earmarked for a concurrent financing.
• The company expects a private placement of about $1 million, with a $500,000 minimum, to fund working capital and product rollout.
• Dexwet develops patented wet-filtration technology for industrial and commercial air filtration applications.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BitRush Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202607141024NEWSFILECNPR____20260714_305117_1) on July 14, 2026, and is solely responsible for the information contained therein.