Core Insights - Primior Holdings Inc. is set to launch the beta version of its tokenization platform, Gaia, on November 1, 2025, with a waitlist now open for early access [1] - Gaia aims to lead the tokenization of private markets, including private equity, private credit, and real estate, by lowering barriers to entry and enabling flexible investment structures [2] - The global real estate market is estimated to exceed $600 trillion, and even capturing a 1% market share represents a $6 trillion opportunity for Gaia [3] Company Developments - Primior is currently developing over $100 million in projects, acting as the General Partner (GP) responsible for all aspects of project execution [4] - The United States Property (USP) fund is Primior's flagship tokenized real estate fund, providing exposure to a diversified portfolio of U.S. real estate [5] - Primior Holdings has decided to cancel a previously announced reverse stock split and will convert an outstanding note into preferred equity [6] Strategic Vision - The company believes that tokenization will fundamentally change the financing of private equity and real estate, creating more inclusive, transparent, and scalable investment opportunities [6] - Primior Holdings is part of the broader Primior Group, which includes divisions in investment banking, asset management, property management, and advisory, enhancing its credibility and execution capacity [7]

Core Insights - Primior Holdings Inc. reported significant financial growth in Q2 2025, with total income more than doubling year over year and gross margin reaching 88 percent [2][7] - The company is advancing its real estate development projects and making progress on its tokenization platform, Gaia, which is expected to begin internal testing by the end of September 2025 [3][4] Financial Performance - Total income from the real estate development business was $1,483,454, reflecting a 134% increase year over year [7] - Gross margin was reported at $1,307,170, which is 88.1% of total income [7] - Operating income stood at $726,713, with an operating margin of approximately 49% [7] - Net income for the quarter was $694,865, with earnings per share (basic and diluted) at $0.0001803 [7] Business Updates - In the real estate development segment, construction activities are progressing, with grading completed for a 7-unit development in Glendale, California, and the team mobilizing for the next phase [2] - The company is diversifying into trending markets, including AI, and has established brokerage accounts with Wells Fargo and Interactive Brokers to support this strategy [4] Corporate Actions - Primior Holdings has submitted requests for corporate actions, including a reverse split, name change, and ticker change, and is awaiting regulatory responses [8] - The company plans to convert a related party note of $27,000,000 into common equity, targeting completion before the end of September 2025, subject to approvals [8]