Texas, USA, July 7th, 2026, FinanceWire

Revised transaction structure enables immediate closing, accelerating the Company’s strategic pivot toward AI data centers, enterprise GPU compute, and digital power infrastructure.

Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the Company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach $487 billion in global spending in 2026 and exceed $1 trillion by 2029.[1] The transaction marks a defining milestone in the Company’s strategic transformation and establishes the foundation for its next phase of commercial execution and long-term growth.

The parties amended the proposed transaction structure to expedite the closing timeline, allowing the combined company to begin operating as a fully integrated public company significantly sooner than originally anticipated. The accelerated closing enables management to immediately focus on commercialization across its expanding AI Datacenter strategy.

With the merger complete and the combined company operating as one organization, management is now fully focused on commercial execution, infrastructure deployment, strategic growth initiatives, and creating long-term shareholder value.

Over the past several months, the Company advanced development activities at its South Texas site and deployed six megawatts of off-grid power for its modular data centers. The Company further secured rights to a 548-acre site with the capacity to scale up to 500 MW, supporting the future development of AI hyperscale data centers.

Management believes these achievements demonstrate that the combined company is entering its next phase with meaningful operational momentum already in place rather than beginning from a standing start. Infrastructure deployment is underway, customer commitments have already been established, commercial execution is actively progressing, and the Company’s corporate structure is now aligned with an operating platform built to support long-term expansion.

The completion of the merger comes at a time when investment in AI infrastructure continues to accelerate globally as enterprises increasingly require access to high-performance computing resources, GPU infrastructure, and scalable digital power solutions. Management believes the combined company is well positioned to capitalize on these long-term industry trends through a diversified infrastructure strategy designed to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations.

Following the closing of the transaction, the Company intends to continue expanding its AI Infrastructure strategy through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships designed to maximize utilization of its power resources while creating multiple long-term revenue opportunities.

In connection with the closing of the merger, Phillip Oldridge has stepped down as Chief Executive Officer. Jason Maddox vacates the President position and is now the Chief Financial Officer. The Company’s Board of Directors appointed Simon Yu as President and Chris Young as Chief Executive Officer, effective immediately.

Mr. Yu is a serial entrepreneur and public markets operator with almost a decade of experience taking companies public, executing capital raises, and scaling businesses. He has previously served in founder, C-suite, and board roles at three publicly traded companies, two of which reached market capitalizations in excess of $1 billion. Mr. Yu has led legal, accounting, and advisory teams through Regulation A+ Tier 2 offerings, PCAOB audits, and public company reporting, alongside leading M&A transactions. As an active early-stage venture investor, he has evaluated investment opportunities across artificial intelligence, SaaS, and B2B technology.

Mr. Young brings extensive experience in launching and leading public companies and investing in and advising emerging technology companies, with a particular focus on artificial intelligence, software innovation, and strategic growth initiatives. Prior to joining EVTV, he served as Chief Executive Officer of Clubhouse Media Group, a publicly traded social media company and an Entrepreneur in Residence at Amplify, where he worked alongside founders and venture-backed technology companies to accelerate commercialization and support the development of high-growth technology businesses.

“Today’s announcement represents far more than the completion of a merger—it marks the beginning of our next chapter,” said Chris Young, Chief Executive Officer of EVTV. “Over the past several months, our teams have been building the operational foundation of this business while simultaneously working toward completing this transaction. With the merger now finalized, we move forward as one company with one leadership team and one strategy, focused on executing against the opportunities in front of us. We believe demand for AI infrastructure, enterprise compute, and digital infrastructure will continue expanding for years to come. Our objective is to build a scalable platform capable of serving that demand while creating long-term value for our shareholders.”

Jason Maddox, Chief Financial Officer of EVTV, added, “Completing this transaction under the amended merger structure allows us to immediately focus on execution. We have already established meaningful operational momentum, and we believe operating as a unified public company enhances our ability to deploy infrastructure, serve customers, pursue strategic growth opportunities, and continue building long-term shareholder value.”

The transaction establishes a unified operating platform designed to support the Company’s long-term growth strategy through continued investment in AI infrastructure, enterprise computing, digital power assets, and digital infrastructure development. Management believes the completion of the merger provides the operational and organizational foundation necessary to pursue the next phase of commercialization while expanding its presence across some of the fastest-growing sectors of the global technology market.

Transaction and Operational Highlights

• Successfully completed the merger with Azio AI pursuant to an amended and restated merger agreement.
• Approximately six megawatts of off-grid digital infrastructure deployed at the Company’s South Texas development site.
• Development footprint exceeding 548 acres with the potential to support up to 500 MW of AI infrastructure capacity.
• Combined company positioned to accelerate commercialization across AI infrastructure, enterprise GPU compute, digital power solutions, and digital asset mining operations.
• Merger consideration consisted of 2,655,157 shares of common stock and 973,450 shares of non-voting convertible preferred stock in exchange for 100% of outstanding capital stock of Azio AI, of which 194,807 shares of common stock were reserved for convertible notes of Azio AI assumed by the Company upon closing.
• Each share of preferred stock convertible into 100 shares of Company common stock subject to stockholder approval.
• Chris Young appointed Chief Executive Officer and Chairman of the Board.
• Simon Yu appointed President.
• Jason Maddox appointed Chief Financial Officer.
• Phillip Oldridge stepped down as Chief Executive Officer.

About Envirotech Vehicles, Inc.

Envirotech Vehicles, Inc. (NASDAQ: EVTV) is a technology infrastructure company focused on developing, owning, and operating artificial intelligence data centers, enterprise GPU compute infrastructure, digital power solutions, and digital asset mining operations. Following its acquisition of Azio AI, the Company operates an integrated AI infrastructure business encompassing AI data center development, the sale and distribution of enterprise GPU systems and server infrastructure, high-performance computing solutions, power hosting, and strategic technology investments, serving enterprise and institutional customers across domestic and international markets. Through this diversified AI infrastructure strategy, the Company is positioned to capitalize on the rapidly expanding global demand for AI infrastructure, compute capacity, digital power, and next-generation AI technologies.

For more information please visit: www.azioai.ai and for potential partnerships contact: AI@PhoenixMGMTconsulting.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “continue,” “potential,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements include statements regarding the Company’s ability to capitalize on accelerating demand for AI infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; the Company’s plans to continue expanding its digital infrastructure platform through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships; the Company’s ability to maximize utilization of its power resources while creating multiple long-term revenue opportunities; the ability to continue deploying modular digital infrastructure at the Company’s South Texas site; the anticipated deployment and scaling of NVIDIA B200 and B300 GPU systems; the ability to advance and execute against the Company’s commercial infrastructure pipeline; the anticipated development of the Company’s footprint; the ability to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations; customer demand for AI infrastructure, enterprise compute, and digital infrastructure; the Company’s ability to build a scalable platform designed to serve that demand and create long-term shareholder value; and the Company’s broader business strategy and long-term growth objectives.

These statements are based on current expectations and assumptions that involve risks and uncertainties that could cause actual results to differ materially. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may affect actual results include, but are not limited to, the Company’s limited operating history within AI infrastructure and compute operations, project scope, engineering challenges, supply chain constraints, installation timelines, energy availability, finalization of site usage rights, regulatory considerations, equipment performance, ability to raise capital required for expansion activities, changes in digital asset markets, evolving compute demand, market conditions, the Company’s ability to successfully integrate the combined business following the completion of the merger, the risk that the anticipated benefits and synergies of the merger are not realized, the risk of unexpected costs, charges, or expenses resulting from or relating to the merger, potential adverse reactions or changes to business relationships resulting from the completion of the merger, risks related to the diversion of management’s attention from ongoing business operations during the post-closing integration period, the risk that required stockholder approval for the conversion of preferred stock issued in the merger as required by rules of The Nasdaq Stock Market LLC (the “Conversion Proposal”) is not obtained, and additional risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC, which are available at www.sec.gov. The Company undertakes no obligation to update forward-looking statements except as required by law.

Important Information About the Merger and Where to Find it

The Company expects to file a proxy statement with the SEC relating to the Conversion Proposal. The definitive proxy statement will be sent to all Company stockholders. Before making any voting decision, investors and security-holders of the Company are urged to read the proxy statement and all other relevant documents filed or that will be filed with the SEC in connection with the Conversion Proposal as they become available because they will contain important information about the amended and restated merger agreement between the parties and the related transactions and the Conversion Proposal to be voted upon by the Company’s stockholders. Investors and security-holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the SEC by the Company through the website maintained by the SEC at www.sec.gov.

Participants in the Solicitation

The Company and its directors and executive officers may be considered participants in the solicitation of proxies from EVTV’s stockholders with respect to the Conversion Proposal under the rules of the SEC. Information about the directors and executive officers of EVTV is set forth in its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on April 13, 2026, and in subsequent Quarterly Reports on Form 10-Q and other documents filed by the Company from time to time with the SEC. Additional information regarding the persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will also be included in the proxy statement, and other relevant materials to be filed with the SEC when they become available. You may obtain free copies of these documents as described above.

¹ Source: International Data Corporation (IDC), “AI Infrastructure Spending Caps Historic Year at ~$90 Billion in Q4 2025; 2029 Spending to Eclipse $1 Trillion,” April 16, 2026. The Company has not independently verified the data or projections contained in this report, and there can be no assurance that the projections will be realized.

Contact

Phoenix MGMT & Consulting
Press@PhoenixMGMTConsulting.com
888-228-0122

Ruach Press releases The Day I Became a Superhero, a story about a boy who learns real strengthcomes from authenticity, not conformity

United States, 7th Jul 2026 –  Ruach Press releases The Day I Became a Superhero: Discovering the Power to Be Me, a new illustrated picture book for children ages 4 to 8 that celebrates individuality over conformity. The book is available now on Amazon in paperback and Kindle formats.

The story follows Jax, a young boy who moves to a new neighborhood and desperately wants to fit in with his peers. He tries various sports—soccer, tag, and football. He runs, jumps, kicks, and chases—giving it his complete effort each time. But nothing feels quite right because none of these activities reflect who he truly is. As Jax continues to push himself to be someone he is not, he discovers something unexpected: the things that make him different are not flaws to hide, but gifts to celebrate. The book follows his journey as he learns that being himself, with all his unique qualities and interests, is not something to apologize for—it is actually his greatest superpower.

The authors wrote this book to address what they see as a meaningful gap in children’s literature. Marcell Donaldson, an engineering professional, mentor, and youth leader from Pine Bluff, Arkansas, and Hannah Oliha Donaldson, Ph.D., a higher education leader and founder of Ruach Press, wanted to create a story that tells children their true power comes not from being the fastest, strongest, or most popular, but from embracing who they were created to be. Growing up in Pine Bluff taught Marcell to see strength in everyday people and beauty in small beginnings. Hannah’s career in higher education, focused on identity, voice, belonging, and purpose, deepened her conviction that children need stories affirming their authentic selves. The book intentionally centers a young Black boy as its protagonist—a deliberate choice that matters significantly in children’s publishing, where characters of color remain underrepresented in affirming, emotionally intelligent narratives. For young readers of color, seeing themselves in stories where they are the hero, not a side character, builds confidence and resilience.

Teachers and parents report that children starting new schools, navigating changing friendships, or dealing with social anxiety benefit tremendously from books that normalize these struggles and offer positive frameworks for building self-worth. This message is especially timely as families prepare for the back-to-school season, when many children face the acute question of whether they belong. The book has already drawn significant attention from educators and mental health professionals. Estelle Sukhu, an assistant principal, wrote that the story reminds children that their interests and passions are gifts meant to be celebrated and shared with the world. Funmi Okanla-Falade, an educator specializing in childhood development, noted that the book is particularly helpful for children learning to navigate friendships, teaching them to take pride in their own strengths while celebrating what makes their peers special. During its launch, the title earned Amazon best-seller badges in multiple children’s categories, including Children’s Moving Stories, Children’s Superhero Science Fiction, and Children’s Self-Esteem Books.

Customer reviews have echoed the professional praise. A therapist who specializes in working with children wrote, “As a therapist who works with children who often struggle to fit in, experience low self-esteem, or question their sense of identity, I found this book to be a thoughtful and encouraging resource. Its emphasis on building self-confidence and embracing one’s authentic self makes it a valuable read for parents, caregivers, teachers, and therapists seeking to nurture resilience and a positive self-image in young children.” Another parent described the book as exactly what their child needed: “Fantastic book for any child, especially those who are changing schools or struggling to make new friends. The Day I Became A Superhero is light hearted, relatable, and sends a great message that being themselves is their greatest superpower.”

“Every child carries something special inside of them. Sometimes, the greatest superpower is simply discovering who you were created to be and having the courage to become it.”
— Marcell Donaldson 

“Children do not have to become someone else to be extraordinary. They already carry gifts, creativity, courage, and purpose inside of them. Sometimes, the journey is simply learning how to recognize those gifts and walk confidently in who they were created to be.” 
— Hannah Oliha Donaldson, Ph.D

Ruach Press is committed to creating books and products that inspire people to embrace their authenticity. As part of its community commitment, the publisher donates fifteen percent of its profits to support children and families in need in the Twin Cities, including an annual Thanksgiving turkey drive that provides food boxes to families and youth empowerment programs where children discover their strengths, own their voices, and develop confidence in faith-filled, purpose-driven environments.

Book Details

Title: The Day I Became a Superhero: Discovering the Power to Be Me (Discovering My Superpower, Book 1)
Authors: Marcell Donaldson and Hannah Oliha Donaldson, Ph.D.
Publisher: Ruach Press
Genre: Children’s picture book, social-emotional learning
Publication Date: May 20, 2026
Pages: 39
Formats: Paperback, Kindle
Price: $9.99 (paperback), $2.99 (Kindle)
ISBN-13: 978-1961193147
ISBN-10: 1961193140
Kindle ASIN: B0GYLSQ1M3
Available: amazon.com/dp/1961193140

About the Authors

Marcell Donaldson is a storyteller, mentor, youth leader, and engineering professional. Born and raised in Pine Bluff, Arkansas, he learned early to see strength in everyday people and purpose in places others might overlook. His career has taken him through multiple cities and industries, each experience deepening his appreciation for human potential, cultural diversity, and leadership. As a mentor and father, he is passionate about helping children realize their true potential and understand that their identity is not found in comparison or popularity, but in who they were created to be.

Hannah Oliha Donaldson, Ph.D., is an educator, speaker, and higher education leader whose professional work centers on identity, voice, belonging, and purpose. She holds expertise in leadership, ministry, organizational communication, intercultural communication, equity, and inclusion. Hannah founded Ruach Press with the mission to create books and products that inspire people to embrace their authenticity. As a mother and educator, she is driven by the belief that every child deserves to know they are wonderfully created, deeply valuable, and incredibly capable. She writes with the hope of planting seeds of confidence and purpose that will grow across generations.
 

Media Contact

Organization: Ruach Press

Contact Person: Dr. Hannah Oliha Donaldson

Website: https://ruachpress.org/

Email: Send Email

Contact Number: +16125523337

Country:United States

Release id:46823

The post Picture Book Teaches Young Readers That Being Themselves Is Their Greatest Superpower appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

San Diego-Based Company Helps Homeowners and Businesses Simplify Relocations with Convenient Mobile Storage Containers

United States, 7th Jul 2026 – One Stop Moving & Storage, a trusted San Diego-based relocation and storage provider, is highlighting its growing range of portable storage solutions designed to make moving, remodeling, decluttering, and temporary storage easier for homeowners and businesses throughout Southern California.

As demand continues to rise for flexible and convenient storage options, the company’s portable storage container services provide customers with a practical alternative to traditional self-storage facilities and rushed moving schedules. By combining secure storage with on-demand accessibility, One Stop Moving & Storage helps customers manage their belongings on their own timeline.

Today’s consumers increasingly seek storage options that fit their schedules rather than requiring them to transport belongings back and forth between locations. One Stop Moving & Storage addresses this need through durable portable storage units that can be delivered directly to homes, offices, construction sites, and commercial properties.

The company’s approach gives customers the freedom to pack and load at their own pace. Once filled, the containers can remain on-site for convenient access or be transported to a secure storage facility for safekeeping until needed.

“Our goal is to make storage and moving as simple and stress-free as possible,” said Janna, spokesperson for One Stop Moving & Storage. “Our portable storage container options give customers flexibility and control while ensuring their belongings remain secure throughout the process.”

Portable storage has become an increasingly popular solution for homeowners undergoing renovations, preparing homes for sale, downsizing, or managing life transitions. Rather than rushing to complete a move in a single day, customers can use portable storage solutions to organize belongings gradually and efficiently.

Businesses are also discovering the advantages of mobile storage containers for inventory management, office renovations, seasonal equipment storage, and temporary project needs. By bringing storage directly to the customer, One Stop Moving & Storage helps eliminate unnecessary transportation challenges while improving convenience.

The company’s portable storage units are designed to accommodate a wide variety of household and commercial storage requirements. Whether customers need temporary space during a home remodel or a secure solution while transitioning between properties, the containers provide a practical and accessible option.

Security remains a top priority throughout the storage process. Containers are built to protect belongings from environmental conditions while providing customers with confidence that their items remain safeguarded. For customers requiring additional storage support, containers can be transferred to One Stop Moving & Storage’s secure facilities for extended storage periods.

Unlike many storage providers that focus exclusively on rentals, One Stop Moving & Storage combines storage expertise with years of relocation experience. This allows the company to offer comprehensive support for customers who may eventually require transportation, loading assistance, or full-service moving services.

The company’s reputation for professionalism is supported by an A+ Better Business Bureau rating and hundreds of five-star customer reviews. Its team consists of professionally trained, full-time employees who understand the importance of protecting customers’ belongings and delivering dependable service.

The growing popularity of temporary storage containers reflects a broader shift in consumer preferences toward flexibility and convenience. Customers increasingly value solutions that adapt to their schedules instead of requiring strict deadlines or multiple trips to off-site facilities.

One Stop Moving & Storage continues investing in innovative storage options that address these changing needs. By expanding access to portable storage solutions, the company aims to help customers simplify everything from household transitions and renovations to commercial projects and seasonal storage requirements.

In addition to residential customers, contractors, property managers, real estate professionals, and business owners have embraced mobile storage containers as an efficient way to maintain organization and accessibility during projects of all sizes.

“Our customers appreciate having storage delivered directly to them,” added Janna. “Whether they’re moving, remodeling, staging a property, or simply creating extra space, portable storage gives them a convenient solution that works around their schedule.”

As portable storage continues to reshape the way people manage their belongings, One Stop Moving & Storage remains committed to providing secure, dependable, and customer-focused services that deliver both flexibility and peace of mind.

For more information about One Stop Moving & Storage and its portable storage container services, visit https://osmoving.com/.

About One Stop Moving & Storage

One Stop Moving & Storage is a fully licensed, bonded, and insured company based in San Diego, California. The company provides portable storage containers, portable storage units, temporary storage containers, moving services, packing assistance, and secure storage solutions for residential and commercial customers. With a commitment to integrity, professionalism, and customer satisfaction, One Stop Moving & Storage continues to serve as a trusted resource for flexible storage and relocation needs.

Media Contact

Organization: One Stop Moving & Storage

Contact Person: Nicole Henson

Website: https://osmoving.com/

Email: Send Email

Contact Number: +18586338600

Country:United States

Release id:46869

The post One Stop Moving & Storage Expands Portable Storage Solutions for Flexible Moving and Storage Needs appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section