AIRE Inc. Announces Entering into an Agreement and Plan of Merger with OceanLight Acquisition Corporation

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- AIRE Inc., a Cayman Islands exempted company (“AIRE” or the “Company”) announced today that it has entered into an Agreement and Plan of Merger (the “Agreement”) with OceanLight Acquisition Corporation (“OceanLight”), a Cayman Islands exempted company and special purpose acquisition company, AIRE Global Group Inc., a Cayman Islands exempted company and wholly owned subsidiary of OceanLight (the “Purchaser”), and OCLT Merger Sub Ltd., a Cayman Islands exempted company and wholly owned subsidiary of the Purchaser (the “Merger Sub”), pursuant to which Merger Sub will merge with and into the Company, with the Company surviving as a wholly owned subsidiary of the Purchaser, and OceanLight will merge with and into the Purchaser, with the Purchaser surviving as the publicly traded company (the “Proposed Transaction”).

AIRE is a home textile and green sleep technology company dedicated to the development and global commercialization leveraging environmentally friendly advanced materials. The Company aims to provide customers with innovative and trusted sleep solutions while remaining committed to protecting the Earth’s ecological environment.