Vulcan Infrastructure majority holders clear PIPE issuance of 17,146,190 shares at $1.71 each

• Majority stockholders delivered written consent July 19, 2026, clearing a PIPE issuance that could shift control under Nasdaq rules.
• Consent covers 17,146,190 Class A PIPE Shares at USD 1.71 each, MIG Convertible Note of USD 10 million, MIG Warrant for 1,754,386 shares.
• PIPE expected to raise about USD 39.4 million gross, aimed mainly at redeeming about USD 33.1 million of 8.50% Senior Notes due October 2026.
• Stockholders also authorized a 2,500,000-share increase under the 2021 equity plan, lifting the pool to 5,083,111 Class A shares.

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. Vulcan Infrastructure and Power Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193805-26-001100), on August 17, 2026, and is solely responsible for the information contained therein.