Liquid Mercury's ACQUA1 Completes Initial Closing of MERC Offering

On September 1, 2026, ACQUA1, LLC, a subsidiary of Liquid Mercury, completed the first close of its MERC exchange offering, the company announced on September 4, 2026, from Chicago.

ACQUA1 is a Liquid Mercury subsidiary that runs the Lab Company program. It licenses Liquid Mercury's technology to companies that mainly tokenize real-world assets, collecting fees and receiving a minority equity stake. Liquid Mercury holds the majority stake and serves as Manager.

“Over the past 18 months, dozens of companies have approached Liquid Mercury seeking to tokenize their assets,” said Tony Saliba, CEO and founder of Liquid Mercury. “Many assumed they would need to raise capital and build this infrastructure from scratch. Licensing Mercury RWA lets them launch on systems that were already live and proven, at a fraction of the time and cost. ACQUA1 token holders now own a slice of the business that earns equity, plus fees from the companies in the Lab Company program.”

Verified accredited investors subscribed by exchanging MERC for non-voting Class B units of ACQUA1 at the initial conversion rate of 10 MERC per unit. Under the operating agreement, ACQUA1 must burn 100% of the MERC it receives at each closing within five business days and cannot transfer, trade, lend, stake, pledge, or otherwise deploy it.

On September 2, all 563,230,000 MERC received at the initial closing were burned via a transfer to the dead address, as required by the offering documents.

Highlights of the First Closing

• The first closing occurred on September 1, 2026.
• A total of 563,230,000 MERC was burned.
• The transfer to the dead address took place on September 2, 2026.
• Some 56,323,000 units were issued.
• These are non-voting Class B units of ACQUA1, LLC, offered under Rule 506(c) of Regulation D.
• Each unit cost 10 MERC.
• The units are represented on-chain by ACQUA1-C tokens.
• When issued, ACQUA1-C tokens convert one-for-one into ACQUA1 tokens.
• Further closings are scheduled for on or about October 30 and December 31, 2026.
• ACQUA1 has the discretion to skip or cancel any subsequent closings.
• The conversion rate for later closings may differ.

Verification Links

• Burn transaction

• ACQUA1-C contract

Verified accredited investors can request full terms at acqua1.liquidmercury.com/contact.

Liquid Mercury Background

Liquid Mercury provides professional crypto trading and digital asset marketplace infrastructure. The company offers institutional-grade systems, deep liquidity access, and advanced trading tools and workflow automation across its Pro, OTC, and RWA platforms.

Through Mercury RWA, Liquid Mercury extends that infrastructure into tokenized real-world assets, with $MERC serving as the access and platform layer token. Additional information is available at www.liquidmercury.com.

Legal Notice for Investors

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Class B units of ACQUA1, LLC and the ACQUA1 tokens representing them are offered and sold in reliance on the exemption from registration provided by Rule 506(c) of Regulation D under the Securities Act of 1933, solely to verified accredited investors as defined in Rule 501(a) of Regulation D, and solely pursuant to ACQUA1’s confidential private placement memorandum, as supplemented, and definitive subscription documents, which contain important information, including risk factors. ACQUA1 tokens are restricted securities, subject to transfer restrictions under ACQUA1’s operating agreement and may remain illiquid indefinitely; investors should not assume that Rule 144 will be available.

Statements regarding future revenues, valuations, portfolio performance, and subsequent closings are forward-looking and subject to risks and uncertainties; actual results may differ materially. The MERC contract has no burn function; tokens are removed from circulation by transferring to the dead address. Supply outstanding excluding the dead address is 5,436,770,000 MERC, as of the date of publication.

Director: Kent Egan, Ryan Hansen

ke@liquidmercury.com

hansenr@liquidmercury.com