Chicago, United States, September 4, 2026 (Chainwire) — Liquid Mercury announced that ACQUA1, LLC completed the initial closing of its MERC exchange offering on September 1, 2026.

ACQUA1 is a Liquid Mercury subsidiary that operates the company's Lab Company program, licensing Liquid Mercury technology to businesses — primarily those tokenizing real-world assets — in exchange for fees plus a minority equity stake. Liquid Mercury serves as the majority holder and Manager of ACQUA1. The structure reflects a broader push by crypto infrastructure firms to serve the tokenized real-world asset sector, where financial institutions and asset managers have increasingly explored issuing traditional assets such as funds, bonds, and commodities on public blockchains.

"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. The offering was conducted under Rule 506(c) of Regulation D, a U.S. private placement exemption that permits general solicitation but restricts sales to verified accredited investors, and the resulting units are restricted securities. Under its operating agreement, ACQUA1 must burn 100% of the MERC it receives at each closing within five business days and may not transfer, trade, lend, stake, pledge, or otherwise deploy it. The burn mechanism links the offering directly to MERC's circulating supply: tokens accepted in exchange for equity units are permanently removed from circulation rather than retained by the issuer.

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.

Initial Closing Highlights

• Initial closing: September 1, 2026
• MERC burned: 563,230,000, transferred to the dead address on September 2, 2026
• Units issued: 56,323,000 non-voting Class B units of ACQUA1, LLC under Rule 506(c) of Regulation D
• Conversion rate: 10 MERC per unit
• On-chain evidence: Units are evidenced on-chain by ACQUA1-C tokens, which convert one-for-one into ACQUA1 tokens upon issuance
• Remaining closings: On or about October 30 and December 31, 2026; ACQUA1 may skip or terminate subsequent closings at its discretion, and the conversion rate at those closings may differ

The scheduled October 30 and December 31 closings are the next milestones to watch, as they would determine how much additional MERC is exchanged and burned under the program, though ACQUA1 retains discretion to skip or terminate them.

Verification Links

• Burn transaction
• ACQUA1-C contract

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

About Liquid Mercury

Liquid Mercury powers professional crypto trading and digital asset marketplaces. The company delivers institutional-grade infrastructure, access to deep liquidity, and best-in-class trading tools and workflow automation across its Pro, OTC, and RWA platforms. Through Mercury RWA, Liquid Mercury is extending that infrastructure into tokenized real-world assets, with $MERC serving as the access and platform layer token. For more information, visit www.liquidmercury.com.

Investor Notice

This press release does not constitute an offer to sell or the 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, are 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 them to the dead address. Supply outstanding excluding the dead address is 5,436,770,000 MERC as of the date of publication.

Media Contacts

• Director Kent Egan, Liquid Mercury — ke@liquidmercury.com
• Director Ryan Hansen, Liquid Mercury — hansenr@liquidmercury.com