Auri Inc ("AURI") New Acquisition Completed ELEMENT--[Back to the Newsroom]# Auri Inc ("AURI") New Acquisition CompletedDALLAS, TEXAS / [ACCESS Newswire]/ February 24, 2026 / (OTCID:AURI) Auri Inc, a cutting-edge driven incubating holding company continues to advance its business operations adding new revenues.The company completed an acquisition of another public trading company, ProTek Capital Inc. (PRPM).The acquisition will come with several additional benefits to Auri Inc., the parent company."We wante ...

Core Viewpoint - Auri Inc. is advancing its business operations through strategic acquisitions and revenue expansion, and is inviting stakeholders to its presentation at BFCVC 3 on February 18, 2026 [1] Group 1 - Auri Inc. is a cutting-edge incubating holding company [1] - The company is focused on presenting its business initiative and corporate plan to shareholders and investors [1] - The presentation is scheduled for February 18, 2026, at 12:00 PM EST [1]

Group 1 - The article discusses the rarity of holding companies with clean balance sheets, liquid assets, and clear catalysts trading at half their liquidation value, suggesting that such discrepancies often indicate poor asset quality [1] - The author emphasizes a fundamental investment approach that targets companies whose valuations are misaligned with their underlying economics, focusing on cash flow durability and balance sheet strength [1] - The investment strategy includes identifying mispriced opportunities in cyclical industries, energy, industrials, and under-followed mid-caps, where market expectations may diverge from reality [1] Group 2 - The author seeks asymmetric setups, where companies have already faced market punishment while their fundamentals are stabilizing or improving, allowing for potential stock price recovery with modest changes in expectations [1] - The article serves as a platform for sharing investment ideas and company analysis, inviting readers to challenge the author's investment thesis [1]

Core Insights - Auri Inc is enhancing its business operations through new management and revenue-generating acquisitions [1] Group 1 - The company is identified as a cutting-edge driven incubating holding company [1] - Auri Inc is focused on advancing its business operations [1] - The company is successfully adding new revenues [1]

Core Viewpoint - Auri Inc is actively expanding its portfolio through strategic partnerships, mergers and acquisitions, and the integration of digital and in-ground assets [1] Group 1 - Auri Inc is a cutting-edge incubating holding company [1] - The company has released a current report detailing the activities of its subsidiaries [1] - The business development plan of Auri Inc is centered around strategic partnerships, mergers and acquisitions, and the addition of digital and in-ground assets [1]

Performance Summary - The portfolio achieved a return of 5.7% in the second half of 2025, resulting in a total return of +10.2% for the calendar year and +76% since inception in Canadian dollars net of fees [2][3] - Realized gains since inception are reported at +71.4%, with unrealized gains at 4.6% as of December 31, 2025 [3][35] - The portfolio's exposure by strategy bucket shows a significant concentration in Special Situations Equity at 35.9% for FY 2025, while Core Value Equity stands at 47% [4] Geopolitical Landscape - The investment landscape is undergoing dramatic shifts due to geopolitical changes, impacting competitive intensity and market size [7][8] - The corporate strategy of relying on low-cost supply chains is being challenged, leading to downward pressure on returns on capital [8] - Despite these changes, the opportunity set for fundamental value investors is not shrinking, but rather evolving [9][11] Portfolio Changes - In the second half of 2025, the company sold positions in Protector, Ryanair, and Alimak, marking the exit from all initial positions since inception [13] - The average return across the initial investments was 2.0x money with a 16% IRR, with no losses recorded on any investment [14] - The portfolio is now more concentrated, with the three largest positions comprising 37% of capital and the five largest making up 57% [19] Investment Cases for Major Holdings - **Burford Capital**: The company has seen an increase in book value per share and cash proceeds from litigation, with a fair value estimate of approximately 3x the current price [24][26] - **Borr Drilling**: The fundamentals have improved, with run-rate EBITDA increasing from $100 million to $500 million, and a fair value estimate of about 3x the current price [25][30] - **GetBusy PLC**: The management's ability to extract value from its US asset is crucial, with a fair value estimate of 2-4x the current price [27][30] - **Fever-Tree Drinks PLC**: The joint venture with Molson Coors is expected to accelerate commercialization, with a focus on recovering margins [28][30] - **Bolloré and Compagnie de L'Odet**: The simplification of the holding structure is ongoing, with potential for significant value creation over time [29][31] Business Update - The company has onboarded new investors aligned with its values and is utilizing AI to enhance business operations and insights [32]

Company Overview - Biglari Holdings (BH) is an owner-operated holding company with diverse interests including restaurant chains, insurance, oil & gas assets, a small media business, and two affiliated investment funds [1] Financial Performance - The core operations of Biglari Holdings are profitable, particularly in segments that are large enough to matter [1]

Core Insights - Elah Holdings, Inc. has released its interim unaudited financial statements and disclosure report for Q3 2025, which can be accessed on their website [1] Company Overview - Elah Holdings, Inc. is a holding company focused on acquiring profitable businesses in the commercial and industrial sectors to achieve sustainable profitability and cash flows [2] - The company aims to unlock the value of its significant tax assets and employs creative deal structures to mitigate risk and enhance long-term shareholder value [2] - Elah Holdings trades on the OTC Pink Market under the symbol "ELLH" [2]

Core Insights - Eli Lilly is positioned to potentially become the first trillion-dollar pharmaceutical company, with a current market cap of $800 billion, while Berkshire Hathaway has a market cap of just over $1 trillion [2][3]. Eli Lilly's Growth Prospects - Eli Lilly is a leader in the rapidly growing weight management drug market, particularly with its product tirzepatide (Zepbound), which is driving significant sales growth [3]. - The company is also pursuing regulatory approval for orforglipron, an oral GLP-1 medication for weight management, which could attract patients averse to injections [4]. - Eli Lilly is developing retatrutide, which mimics the action of three gut hormones and has shown strong efficacy in phase 2 studies, potentially revolutionizing the GLP-1 space [6]. Berkshire Hathaway's Challenges - Berkshire Hathaway faces uncertainty regarding its long-term future as Warren Buffett steps down as CEO, leading to investor concerns about the new leadership under Greg Abel [7]. - The company's largest holding, Apple, is encountering challenges such as significant tariffs and competition in the AI market, which may hinder Berkshire's performance in the near term [9]. - Despite these challenges, Berkshire Hathaway's diversification and investment philosophy may still make it a viable long-term investment, though patience may be required [10].

Core Insights - OHA has increased its investment in IDEAL Holdings' Corporate Vehicle to 25% with an additional €41 million, enhancing the company's cash position [1][2] - The Corporate Vehicle holds most of IDEAL Holdings' investments, including attica Department Stores and various ICT companies [2] - OHA retains the right to co-invest up to an additional €200 million over the next two years, supporting IDEAL Holdings' growth and strategic expansion [3] Company Overview - IDEAL Holdings is a listed holding company with a diversified investment portfolio, focusing on companies with sustainable growth prospects [4] - Key investments include BYTE S.A., ADACOM S.A., BLUESTREAM SOLUTIONS S.A., attica Department Stores S.A., Barba Stathis S.A., and Chalvatzis Makedoniki S.A. [4] OHA Overview - Oak Hill Advisors (OHA) is a global credit-focused alternative asset manager with approximately $98 billion in assets under management as of June 30, 2025 [5] - OHA emphasizes long-term partnerships and provides customized credit solutions across market cycles [5]