TRWD Confirms Adult Entertainment and Hospitality Division Progress as Alan Chang Leads Expansion Effort

NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Tradewinds Universal, Inc. (OTCID: TRWD), a fully reporting public holding company, today provided an update on the progress of its transaction with Peppermint Hippo, outlining continued advancements toward closing and operational integration under the leadership of Alan Chang, founder and CEO of Peppermint Hippo and Director of TRWD’s Adult Hospitality Division.

Following the previously announced agreement between Tradewinds Universal and Peppermint Hippo, the two companies have made significant progress in aligning corporate structure, financial reporting, and state licensing frameworks in preparation for the official completion of the first of several planned acquisitions. The initial acquisition of Peppermint Hippo Toledo will serve as the flagship property for TRWD’s newly formed Adult Hospitality Division, establishing a strong foundation for nationwide expansion.

Transaction Progress and Integration Milestones
Tradewinds Universal confirmed that due diligence, regulatory review, and PCAOB-compliant accounting procedures are advancing in preparation for the next phase of the transaction. The Company is now entering the licensing and legal review stage, which will establish the regulatory foundation required for acquisition completion and ongoing expansion.

Upon finalization, the Adult Hospitality Division will operate as a wholly owned business unit under TRWD, incorporating Peppermint Hippo and additional affiliated brands. This structure is designed to form a consolidated national conglomerate of modernized clubs, creating one of the only publicly traded platforms within the adult hospitality and nightlife sector.

Leadership and Industry Expertise Driving Growth
Alan Chang’s appointment to the Board in September marked a pivotal turning point in the transaction’s execution. Chang, who has built Peppermint Hippo into a national entertainment brand with 10 clubs and growing across the U.S., now oversees TRWD’s Adult Hospitality Division, leading both expansion and modernization efforts.

“Alan’s leadership ensures this division is being built with operational excellence and scalability in mind,” said CEO Andrew Read. “His proven success in transforming underperforming venues into high-performing destinations aligns perfectly with TRWD’s mission to create sustainable, revenue-driven holdings.”

As progress continues, Tradewinds Universal also plans to add additional Board members with expertise in finance, licensing, real estate, and hospitality operations. These appointments will further strengthen corporate governance and leadership depth as the Company advances the Peppermint Hippo transaction and future acquisitions.