Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS) announced that its wholly owned subsidiary, MindWave Innovations Inc. USA, signed three agreements between Sept. 24 and Oct. 4, 2026, to build and operate dedicated blockchain networks on its MindChain infrastructure for clients in climate finance, sports media, and insurance. The agreements include Singapore-based AQUAE Holdings for its AQUAEChain environmental credit platform, New York-based Flash Sports & Media Holdings for its FlashChain digital ticketing and media authentication network, and Delaware-based BlockAssure for its AssureChain insurance and reinsurance network. Under the agreements, MindWave will receive contracted fees or equity along with allocations equal to 20% of the applicable credits or tokens, providing opportunities for recurring revenue as the networks become operational.
For Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS), the deals represent a significant expansion of its blockchain technology into three distinct industries, each with its own regulatory and operational complexities. Climate finance, sports media, and insurance are sectors increasingly exploring blockchain for transparency, traceability, and efficiency. By securing dedicated networks, MindWave positions itself as an infrastructure provider rather than just a developer, potentially creating long-term revenue streams from network operations and token allocations.
However, the company also reiterated that its audited consolidated financial statements for 2025 included an explanatory paragraph from its independent auditor expressing substantial doubt about its ability to continue as a going concern. This disclosure, made pursuant to NYSE American requirements, does not amend previous filings but highlights ongoing financial uncertainty. The announcement of new contracts may be seen as a positive step toward improving financial stability, but the going concern warning remains a critical risk factor for investors.
The agreements are expected to generate recurring revenue as the networks become operational, but the timeline and ultimate success depend on various factors, including client adoption and regulatory approvals. MindWave’s MindChain infrastructure is designed to support transparent, traceable, and verifiable digital transactions, with applications in digital assets, registries, tokenized ecosystems, and decentralized services. The company’s expansion into insurance and reinsurance through projects like AssureChain demonstrates its ambition to capture value in specialized markets.
For more details, the full press release is available at https://ibn.fm/UPsNX. Investors can also find the latest news and updates relating to APUS in the company’s newsroom at https://ibn.fm/APUS.
The announcement was distributed through MissionIR, a specialized communications platform that is part of the Dynamic Brand Portfolio at IBN. MissionIR provides services such as wire distribution via InvestorWire, editorial syndication to 5,000+ outlets, and social media distribution. The full terms of use and disclaimers are available at https://www.MissionIR.com/Disclaimer.
