Lelantos Holdings Publishes Airtopia Adventure Parks Acquisition Report

Lelantos Holdings, Inc., a parent company of Airtopia Adventure Parks, has announced plans to publish an Acquisition Report detailing the July 6, 2026, acquisition of Airtopia to the OTC Markets Disclosure Portal. The report, which is a company-prepared disclosure, aims to provide shareholders with a comprehensive overview of the acquired business, its financial history, and Lelantos's current capital structure.

Airtopia Adventure Parks, operating across five family entertainment centers in three states, generated approximately $12 million in revenue in 2025. The company's financial performance has shown promising momentum, with the first half of 2026 already surpassing the full-year revenue of 2025. Specifically, Airtopia's San Antonio, TX, location alone has seen a significant increase in revenue, with approximately $4.89 million in 2025 and a projected full-year 2026 revenue of more than $5 million. The Hemet, CA, location is expected to generate around $4 million in 2026, while the Owasso, OK, and Tahlequah, OK, locations are projected to bring in approximately $3 million and $1 million, respectively. The McAlester, OK, location, which opened on June 13, 2026, has already attracted 448 active memberships and collected $233,800 in its first 30 days.

The report highlights that Airtopia's full-year 2026 guidance anticipates approximately $15 million in standalone revenue, representing a 20% growth over 2025. This growth is expected to contribute significantly to Lelantos's financial performance in the third quarter of 2026, when Airtopia will be consolidated into Lelantos's financial statements. The acquisition is part of Lelantos's broader strategy to enhance its presence in the family entertainment sector and improve its capital structure.

Lelantos has engaged a PCAOB-registered auditor to support its planned uplift to the OTCQB, and the final paperwork for extinguishing the Company's convertible note facility has been submitted. The report also addresses the going-concern qualification in Lelantos's financial statements, which was a result of the pre-acquisition entity's financial situation. Management's response to this qualification includes the acquisition of a revenue-generating operating business and the move to audited, consolidated reporting.

The report is intended to provide shareholders with a clear and consolidated view of the acquired business and its financial performance. It is important to note that the figures and guidance provided in the report are the historical, unaudited, management-prepared results and guidance of Airtopia Adventure Parks on a standalone basis. They are not the reported or audited financial statements of Lelantos Holdings, Inc. The acquisition closed on July 6, 2026, and was recorded as a subsequent event in the Company's Q2 2026 disclosure. Airtopia is not yet consolidated in any filed period, and the two sets of figures should not be compared as if they described the same reporting entity.

Lelantos Holdings, Inc. has emphasized that the report is provided for informational purposes only and does not constitute independent research, investment, legal, tax, or accounting advice. The company has also issued a warning about the forward-looking nature of the statements in the report, acknowledging the risks associated with the going-concern qualification, dilution from outstanding convertible instruments and preferred stock, execution risk in opening and ramping new locations, discretionary-spending and consumer-cyclicality risk in the family entertainment sector, the availability and cost of capital needed to fund expansion, and key-person dependency on Airtopia's founder-led leadership.