08/17/2026 | Press release | Distributed by Public on 08/17/2026 06:59
Under Unified SecureTech Leadership, the Consolidated Company Is Positioned to Accelerate AI UltraProd's Expansion Into the U.S. and Other Markets
ROSEVILLE, MN - August 17, 2026 - SecureTech Innovations, Inc. (OTCQB: SCTH), a diversified technology holding company advancing artificial intelligence initiatives, industrial 3D printing and manufacturing technologies, and blockchain-based digital infrastructure and assets, today announced that it has elected to retain its AI UltraProd business as a permanent, wholly owned subsidiary rather than pursue a previously contemplated spin-off of AI UltraProd as a separate, independently listed public company.
The decision follows a period of close collaboration between the SecureTech and AI UltraProd teams. After working together over the past year to build AI UltraProd's operations and evaluate its path forward, management determined that growing the businesses together - under unified SecureTech leadership - creates more long-term value and stability for shareholders than owning a portion of AI UltraProd as a stand-alone entity.
A Decision to Grow Together
When SecureTech acquired AI UltraProd's operating group in June 2025, the parties did so with the intention of a future spin-off of AI UltraProd as an independent, Nasdaq-listed company, while reserving the right to instead retain the business permanently within SecureTech. Having worked closely together since that time, the SecureTech and AI UltraProd teams concluded that the two businesses are stronger combined, and the parties have now unanimously elected to forgo the spin-off. As a result, the prior incubation and spin-off framework has concluded, and AI UltraProd becomes a permanent part of SecureTech and is now managed from SecureTech's Roseville, Minnesota headquarters.
In connection with the decision, and as contemplated by the parties' original 2025 acquisition agreement, SecureTech issued 357 additional shares of its Series A Preferred Stock to AI UltraProd's founding shareholder, AIUP Holding Limited, retained AI UltraProd as a wholly owned subsidiary, and holds full voting and management control of AI UltraProd and its operating subsidiaries. The founding shareholder also has the right to designate one member of SecureTech's board of directors in the future, further aligning the interests of the combined company. Additional details are available in the Company's Current Report on Form 8-K filed with the SEC.
Leadership and U.S. Expansion
AI UltraProd develops and manufactures AI-powered industrial 3D printing and manufacturing solutions. AI UltraProd is currently in the early stages of expanding and establishing assembly, manufacturing, distribution, and sales operations in the United States and other territories. SecureTech's U.S.-based senior leadership is taking a hands-on approach to scaling operations and, coupled with its governance and financial reporting infrastructure already in place, is expected to play an increasingly important role in supporting the consolidated company's growth.
SecureTech has recently strengthened that foundation by engaging U.S.-based, PCAOB-registered Marcum Asia CPAs LLP as its independent registered public accounting firm; retaining Lucosky Brookman LLP as its securities counsel and Craft Capital Management, LLC as its underwriter; and nominating three independent directors to serve on a fully independent audit committee in connection with its planned Nasdaq listing. SecureTech expects these steps, together with the retention and assumption of full control of AI UltraProd, to position the combined company for its next phase of growth as it scales its operations and expands into new markets.
J. Scott Sitra, SecureTech's President and CEO, stated, "Over the past year, our teams worked closely to begin ramping up AI UltraProd's operations, and that work convinced us that consolidating the business within SecureTech - rather than spinning it off as a separate public company - creates more value for our shareholders. Retaining full ownership gives us unified leadership, a single public reporting platform, and direct control as AI UltraProd expands into the U.S. and other markets. We believe this structure, rather than a stand-alone spin-off, is the better path for our shareholders going forward."
About SecureTech Innovations
SecureTech Innovations, Inc. (OTCQB: SCTH) is a diversified technology holding company whose subsidiaries operate across artificial intelligence-driven manufacturing, blockchain-based digital infrastructure and cybersecurity, and patented vehicle security systems. Its portfolio companies include AI UltraProd, which develops AI-powered industrial 3D manufacturing solutions; Piranha Blockchain, which focuses on Web3 security architecture, digital asset infrastructure, and cybersecurity systems; and Top Kontrol, which holds patented vehicle anti-theft and anti-carjacking technology. SecureTech's mission is to deliver practical, transformative technologies that improve safety, automation, and digital resilience across multiple industries.