HWAL Inc. (OTCID:HWAL) has announced a strategic stock dividend and the launch of a tokenized investment fund through its subsidiaries, marking significant steps in its transition and growth plan for 2026. The multimedia holding company, which operates in entertainment, space archiving, AI, and digital media assets, disclosed that it plans to issue a stock dividend of one Melody Trust Preferred B Series Share for each HWAL common share held on the record date of October 30, 2026. These dividends are scheduled to be distributed on or about November 15, 2026.

Financial Position and Corporate Actions

The company recently released projected second quarter consolidated financials indicating an asset book value of $3.24 per share for HWAL Inc. common stock, with a total assets value of $490,000,000. As part of its financial management, HWAL has reduced two-thirds of its outstanding convertible debt and has begun buying back its common stock while initiating a share retirement plan. Additionally, HWAL is scheduling the issuance of dividends in its subsidiaries, Melody Trust and Lunar Records, for the last quarter of 2026.

Lunar Records Fund #1 Launch

HWAL's subsidiary, Melody Trust LLC, formed Lunar Records, a joint venture music entertainment group with SI Blue Foundation (Space Blue). Lunar Records has established Lunar Records Fund #1, a real-world asset investment fund, in January 2026. The Fund has released a private offering to raise a total of $10 million, offering 10 million units of Bitcoin Runes-based tokens at $1.00 each. Token holders will receive a monthly pro rata share of royalties derived from the Fund's collection of music and entertainment assets.

Fund Structure and Strategy

Lunar Records Fund #1 is jointly owned by Melody Trust and SI Blue (Space Blue). The Fund plans to issue future token dividends to stakeholders and is strategically positioned to capitalize on emerging opportunities in the music industry by developing a new distribution and sales model. This model aims to increase innovative marketing methods, generate higher revenues for HWAL, and provide transparent royalty payments to performers and songwriters. The Fund's strategy includes accumulating Bitcoin-native assets, cryptocurrencies such as Bitcoin, Ethereum, and Solana, and purchasing HWAL's publicly traded shares from the open market.

Strategic Partnerships and Valuations

A joint venture with South Korean entertainment leader AGINT Co., Ltd. was announced to form Lunar Records Korea, which includes a $5 million matching fund program. Lunar Records' overall plan is to build a group of funds expanding to as much as $500 million in total assets under management. The music catalog under Melody Trust, which includes assets from artists like Elvis Presley and Bob Marley, was valued at approximately $146 million as of March 12, 2021. Applying the older valuation metric across the current 27,000 plus song tracks suggests a potential current valuation of $269,298,000.

HWAL Inc., formerly Hollywall Entertainment, Inc., has appointed Jamie Shortill to its Board of Advisors to support global growth and expansion of its music and media catalog. The appointment aims to strengthen operations across sports and music entertainment, TV and motion pictures, broadcast and distribution, AI and Blockchain technologies, tokenization of Real-World Assets, Fintech, and Cryptocurrencies.

Executive Background

Mr. Shortill is a seasoned finance and strategy executive with over two decades of experience in investment banking, capital markets, venture capital, and private equity. He specializes in the sports, media, and entertainment industries, having advised and transacted across motion pictures, television, music, broadcast, content distribution, licensing, and media rights for prominent organizations.

He currently serves as a Partner at WhiteRock GmbH, where he identifies and executes sports, media, and entertainment opportunities globally. Additionally, he sits on the boards of multiple portfolio companies through investments via Strand Venture Partners.

Previous Roles

Previously, Mr. Shortill was Director and Head of the Capital Group at a leading sports-focused investment bank. In that role, he originated and executed principal investments, corporate financings, and M&A transactions across the professional sports and entertainment industries.

Earlier in his career, he was appointed President & CEO of Mercury Communications Group, a sports and entertainment technology company. He led its operational turnaround, raised multiple rounds of capital, and executed its sale to Social Sector Ventures.

Career Highlights

Throughout his career, Mr. Shortill has held key positions including:

• Senior Director in the Corporate Group at William Morris Endeavor (formerly William Morris Agency), the world's oldest and largest talent agency.
• Principal in the Media & Entertainment Practice at PwC (formerly Diamond Technology Partners).
• Began his career at Colliers International (CIGI) brokering institutional real estate transactions.

Education

Mr. Shortill earned an MBA from Thunderbird - The American Graduate School of International Management at Arizona State University, Marketing Certificates from the Cornell School of Hotel Administration, and a Bachelor of Arts with Honors from the University of Western Ontario.

About HWAL Inc.

HWAL Inc. (OTCID:HWAL) is a multinational holding company driving innovation in entertainment, Real World Assets, space archiving, and digital media assets. Through subsidiaries like Melody Trust, LLC, HWAL curates iconic cultural legacies, including partnering with Space Blue on the Lunaprise Moon Museum.

The company has curated and preserved over 27,000 music and visual arts assets, including rare and unpublished music recordings, photos, and videos from legendary artists such as James Brown, Chuck Berry, Frank Sinatra, Count Basie, The Who, Dolly Parton, Ray Charles, Elvis Presley, Johnny Cash, Jimi Hendrix, Marvin Gaye, Willie Nelson, Tina Turner, Mick Jagger, Janis Joplin, Grace Slick, Eric Clapton, Johnny Winter, Jefferson Airplane, Duke Ellington, Lena Horne, John Lee Hooker, Jerry Lee Lewis, Fats Domino, The Platters, John Travolta, Kenny Rogers, Hall and Oates, James Taylor, Bob Marley, Aretha Franklin, Etta James, Rod Stewart, George Jones, Alabama, Deep Purple, and hundreds of other music legends.