{"id":51478,"date":"2026-08-05T02:38:00","date_gmt":"2026-08-05T00:38:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=c686cb7ac1643d7dbd26ea58d95eba52"},"modified":"2026-08-05T02:38:00","modified_gmt":"2026-08-05T00:38:00","slug":"correcting-and-replacing-powerlaw-corp-nasdaq-pwrl-announces-shield-ai-as-newest-holding-files-updated-schedule-of-investments","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=51478","title":{"rendered":"CORRECTING and REPLACING Powerlaw Corp. (Nasdaq: PWRL) Announces Shield AI as Newest Holding &amp; Files Updated Schedule of Investments"},"content":{"rendered":"<ul class=\"bwlistdisc\">\n<li>\nShield AI's Hivemind autonomy software moved into a funded U.S. Air Force production program in June 2026, as the company guides to more than 80% revenue growth in 2026<\/li>\n<li>\nUpdated Schedule of Investments (SOI): Powerlaw Corp. has formally filed its complete schedule of portfolio holdings as of June 30, 2026<\/li>\n<li>\nPowerlaw Corp. is a single, Nasdaq-listed security<\/li>\n<li>\nVia a special purpose vehicle, Powerlaw Corp. provides indirect exposure to Shield AI<\/li>\n<li>\nVia special purpose vehicles and other transaction structures, Powerlaw Corp. provides a combination of indirect and direct exposure to leading private technology companies<\/li>\n<\/ul><p class=\"bwalignl\">SAN FRANCISCO--(BUSINESS WIRE)--Please replace the release dated July 15, 2026, with the following corrected version due to multiple revisions.<\/p><p class=\"bwalignl\">\nThe updated release reads:<\/p><p class=\"bwalignc\">\n<b>POWERLAW CORP. (NASDAQ: PWRL) ANNOUNCES SHIELD AI AS NEWEST HOLDING &amp; FILES UPDATED SCHEDULE OF INVESTMENTS<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nShield AI's Hivemind autonomy software moved into a funded U.S. Air Force production program in June 2026, as the company guides to more than 80% revenue growth in 2026<\/li>\n<li>\nUpdated Schedule of Investments (SOI): Powerlaw Corp. has formally filed its complete schedule of portfolio holdings as of June 30, 2026<\/li>\n<li>\nPowerlaw Corp. is a single, Nasdaq-listed security<\/li>\n<li>\nVia a special purpose vehicle, Powerlaw Corp. provides indirect exposure to Shield AI<\/li>\n<li>\nVia special purpose vehicles and other transaction structures, Powerlaw Corp. provides a combination of indirect and direct exposure to leading private technology companies<\/li>\n<\/ul><p class=\"bwalignl\">\nPowerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today highlighted its newest portfolio holding, Shield AI, a company at the center of the growing physical AI and autonomous defense systems categories. In addition, the company filed its latest Schedule of Investments (SOI) as of June 30, 2026.<\/p><p class=\"bwalignl\">\n\u201cAs the public markets prepare to celebrate the entry of pioneering AI leaders, we have been busy identifying the next cohort of generational AI companies, and we believe Shield AI is part of that group,\u201d said Mike Dinsdale, CEO of Powerlaw Corp. \u201cShield AI reflects how significant value creation in today\u2019s most closely watched technology categories, physical AI and autonomous defense systems, continues to take place while companies remain private, limiting most investors from participating in that growth.\u201d<\/p><p class=\"bwalignl\">\n\u201cAt PWRL, we are on a mission to provide an opportunity for public investors\u00a0to participate in the value creation that these future leaders are building in the historically exclusive private markets,\u201d continued Mr. Dinsdale.<\/p><p class=\"bwalignl\">\n<b>Shield AI: Autonomous Systems for Defense<\/b><\/p><p class=\"bwalignl\">\nShield AI builds AI pilots designed to fly military aircraft without constant human control. The company\u2019s Hivemind autonomy software has been deployed in combat since 2018 and has flown 26 vehicle classes. In June 2026, Hivemind moved from a development program into a funded U.S. Air Force Collaborative Combat Aircraft (CCA) production award, extending investor exposure to the broader shift toward uncrewed defense systems. Shield AI raised $1.5 billion in Series G funding at a $12.7 billion post-money valuation earlier this year. The company also reported $300 million in revenue in 2025 and has guided to more than $540 million in 2026, representing growth of more than 80%.<\/p><p class=\"bwalignl\">\n<b>Filing of Updated Schedule of Investments<\/b><\/p><p class=\"bwalignl\">\nIn addition, Powerlaw Corp. announced that it has filed its comprehensive Schedule of Investments (SOI) for the period ending June 30, 2026, with the U.S. Securities and Exchange Commission (SEC).<\/p><p class=\"bwalignl\">\nThe updated filing details all of Powerlaw Corp.'s holdings, valuations, and asset allocations at the close of the second quarter, providing full transparency into the fund's private market exposure. Shareholders and interested investors can review the complete June 30, 2026 SOI on the SEC's website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54570372&amp;newsitemid=20260715699795&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=3f70e660abe7d81f554a851eb1b6e3d3\" rel=\"nofollow\" shape=\"rect\">www.sec.gov<\/a> or by visiting the Investor Relations section of the company's website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pwrl.com&amp;esheet=54570372&amp;newsitemid=20260715699795&amp;lan=en-US&amp;anchor=PWRL.com&amp;index=2&amp;md5=aeda8b22d819e89b74cbf8c7052c7b89\" rel=\"nofollow\" shape=\"rect\">PWRL.com<\/a>.<\/p><p class=\"bwalignl\">\nPowerlaw Corp. began trading on Nasdaq as PWRL following a direct listing on May 27, 2026 and makes indirect and direct investments across the sectors it believes are driving the next generation of innovation, including artificial intelligence, next-generation software, aerospace and defense, and consumer technology platforms.<\/p><p class=\"bwalignl\">\nVia special purpose vehicles and a variety of other transaction structures, Powerlaw Corp.\u2019s portfolio includes a combination of indirect and direct exposure to SpaceX, OpenAI, Databricks, Deel, Stripe, Kalshi, Kraken, Vast Data, Tether, Colossal Biosciences, Mercor.io, Perplexity, Canva, Rippling, Saronic, Figma, Waymo, and now Shield AI in a single ticker, available through any standard brokerage account and IRA.<\/p><p class=\"bwalignl\">\nPowerlaw Corp. is the flagship fund from Powerlaw Capital Group, which is backed by Akkadian Ventures, LLC (\u201cAkkadian\u201d), a venture secondary investment firm focused on the private technology market, with $1.36 billion in assets under management as of March 31, 2026. Since 2010, Akkadian has completed more than 875 primary and secondary transactions across 134 portfolio companies, providing liquidity solutions to founders, employees, and investors.<\/p><p class=\"bwalignl\">\nThe fund is advised by Powerlaw Fund Adviser, LLC, drawing on Akkadian\u2019s experience, sourcing network, and operator relationships to identify and invest in leading private technology companies.<\/p><p class=\"bwalignl\">\nAdditional information, including the prospectus and portfolio disclosures, is available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpwrl.com&amp;esheet=54570372&amp;newsitemid=20260715699795&amp;lan=en-US&amp;anchor=PWRL.com&amp;index=3&amp;md5=59291f57c57406dde5e60862e052fcfd\" rel=\"nofollow\" shape=\"rect\">PWRL.com<\/a>.<\/p><p class=\"bwalignl\">\n<b>ABOUT POWERLAW CORP. (Nasdaq: PWRL)<\/b><\/p><p class=\"bwalignl\">\nPowerlaw Corp. (Nasdaq: PWRL) is a listed closed-end fund registered under the Investment Company Act of 1940, offering a combination of direct and indirect exposure to leading private technology companies through a single Nasdaq-listed security. It provides daily liquidity, monthly NAV reporting, and quarterly portfolio disclosure. The fund intends to elect to be treated, and to qualify annually, as a Regulated Investment Company (\u201cRIC\u201d) for U.S. federal income tax purposes beginning with its taxable year ending September 30, 2026. As a RIC, Powerlaw Corp. provides the reporting, governance, and investor protections applicable to publicly traded funds. For more information, visit <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FPWRL.com&amp;esheet=54570372&amp;newsitemid=20260715699795&amp;lan=en-US&amp;anchor=PWRL.com&amp;index=4&amp;md5=841cb382059c19d33a8ca2c062501901\" rel=\"nofollow\" shape=\"rect\">PWRL.com<\/a>.<\/p><p class=\"bwalignl\">\n<b>ABOUT POWERLAW FUND ADVISER, LLC<\/b><\/p><p class=\"bwalignl\">\nPowerlaw Fund Adviser, LLC is the investment adviser to Powerlaw Corp. and an affiliate of Akkadian Ventures, LLC (\u201cAkkadian\u201d), a San Francisco-based venture secondary investment firm with more than $1.36 billion in assets under management across affiliated advisers and strategies as of March 31, 2026. Since 2010, Akkadian has completed more than 875 primary and secondary transactions across 134 portfolio companies, bringing deep experience, longstanding industry relationships, and a disciplined underwriting approach to private technology investing. For more information, visit <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FAkkadian.vc&amp;esheet=54570372&amp;newsitemid=20260715699795&amp;lan=en-US&amp;anchor=Akkadian.vc&amp;index=5&amp;md5=4495b8eae8a12d6af8a383942cfaf303\" rel=\"nofollow\" shape=\"rect\">Akkadian.vc<\/a>.<\/p><p class=\"bwalignl\">\n<b>IMPORTANT INFORMATION<\/b><\/p><p class=\"bwalignl\">\nInvestors are advised to carefully consider the investment objective, risks, charges, and expenses of Powerlaw Corp. before investing. A prospectus, dated May 20, 2026, which has been filed with the Securities and Exchange Commission (\u201cSEC\u201d), contains this and other information about Powerlaw Corp. and should be read carefully before investing.<\/p><p class=\"bwalignl\">\nA registration statement relating to the resale of shares of common stock of Powerlaw Corp. has been filed with the SEC and is effective. This press release does not constitute an offer to sell or a solicitation of an offer to buy shares of common stock of Powerlaw Corp., which offering may only be made by means of a prospectus, copies of which may be obtained when available from: Powerlaw Capital Group at 631 Folsom Street, Suite A, San Francisco, California 94107 or by visiting our website at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FPWRL.com&amp;esheet=54570372&amp;newsitemid=20260715699795&amp;lan=en-US&amp;anchor=PWRL.com&amp;index=6&amp;md5=64830704c2d1e22f3175f7afd9b61155\" rel=\"nofollow\" shape=\"rect\">PWRL.com<\/a>.<\/p><p class=\"bwalignl\">\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.<\/p><p class=\"bwalignl\">\nAn investment in Powerlaw Corp. is speculative and involves a high degree of risk with substantial risk of loss. Shares of closed-end funds such as Powerlaw Corp. frequently trade at a discount to net asset value. Powerlaw Corp. is a listed closed-end fund registered under the Investment Company Act of 1940. Like other Nasdaq-listed securities, it can be held in standard brokerage accounts and in individual retirement accounts.<\/p><p class=\"bwalignl\">\nClosed-end funds differ from open-end funds in that closed-end funds do not redeem their shares at the request of an investor. No shareholder has the right to require Powerlaw Corp. to redeem such shareholder\u2019s shares. While Powerlaw Corp.\u2019s shares are expected to be listed on an exchange, an active public market for the shares may not develop. As a result, shareholders may not be able to liquidate their investment. Accordingly, shareholders should consider that they may not have access to the funds they invest in Powerlaw Corp. for an indefinite period of time. There is no assurance that Powerlaw Corp. will achieve its investment objective, or that the private companies in which Powerlaw Corp. invests will ever have a liquidity event.<\/p><p class=\"bwalignl\">\nPowerlaw Corp. may gain indirect exposure to companies by investing in special purpose vehicles or similar investment structures (collectively, \u201cSPVs\u201d). Investors should be aware that the use of SPVs introduces additional layers of structural complexity, costs, expenses, and additional risks related to liquidity, transparency, and valuation.<\/p><p class=\"bwalignl\">\n<b>Forward-Looking Statements<\/b><\/p><p class=\"bwalignl\">\nThis communication includes \u201cforward-looking statements,\u201d including with respect to the expected direct listing of Powerlaw Corp.\u2019s shares on the Nasdaq Global Market under the symbol \u201cPWRL,\u201d the ability of investors to request and trade shares following the direct listing, the potential addition of portfolio companies over time, and the expected closing of any contemplated portfolio investments following the direct listing. These statements also include statements regarding Powerlaw Corp.\u2019s objectives to expand access to private markets and other statements that are not historical facts. You can sometimes identify forward-looking statements through the use of words or phrases such as \u201cwill,\u201d \u201cexpect,\u201d \u201canticipated,\u201d \u201caim,\u201d \u201cintended,\u201d or similar words and expressions of the future. Forward-looking statements involve known and unknown risks, uncertainties, and assumptions, including the risks outlined under \u201cRisk Factors\u201d in the prospectus and elsewhere in Powerlaw Corp.\u2019s filings with the SEC, which may cause actual results to differ materially from any results expressed or implied by any forward-looking statement. Powerlaw Corp. and its affiliates have no obligation, and do not undertake any obligation, to update or revise any forward-looking statement made in this communication to reflect changes since the date of this communication, except as required by law.<\/p><p class=\"bwalignl\">\nInvestors should consider Powerlaw Corp.\u2019s investment objectives, risks, charges, and expenses carefully before investing. Powerlaw Corp.\u2019s prospectus contains this and other information and should be read carefully before investing. A copy is available at PWRL.com. Shares of closed-end funds frequently trade at a discount to net asset value. There is no guarantee that an active trading market will develop or be maintained. Investing involves risk, including the possible loss of principal. There is no assurance that the Fund will achieve its investment objective.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260715699795\/en\/2851526\/4\/PWRL-Logo-Black-Tagline_%281%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260715699795\/en\/2851526\/22\/PWRL-Logo-Black-Tagline_%281%29.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260715699795\/en\/2851526\/4\/PWRL-Logo-Black-Tagline_%281%29.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260715699795\/en\/2851526\/21\/PWRL-Logo-Black-Tagline_%281%29.jpg\" \/><\/a><br\/> <b>Contacts<\/b> <br\/><p class=\"bwalignl\">\n<b>MEDIA CONTACT<\/b><br\/>Natalie Bartels\n<br\/>VSC on behalf of Powerlaw Capital Group\n<br\/><a  href=\"mailto:media@pwrl.com\" rel=\"nofollow\" shape=\"rect\"><span class=\"bwuline\">media@pwrl.com<\/span><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Shield AI&rsquo;s Hivemind autonomy software moved into a funded U.S. Air Force production program in June 2026, as the company guides to more than 80% revenue growth in 2026<\/p>\n<p>Updated Schedule of Investments (SOI): Powerlaw Corp. has formally filed its com&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-51478","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/51478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51478"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/51478\/revisions"}],"predecessor-version":[{"id":51479,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/51478\/revisions\/51479"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}