Business
Newport Gold, Inc. Completes Merger with NFI Empire Group of Companies
Newport Gold, Inc. Completes Merger with NFI Empire Group of Companies.
About this update from Newport Gold, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Newport Gold, Inc. Completes Merger with NFI Empire Group of Companies\r\n \r\n \r\n\r\n\r\nNewport Gold, Inc. Completes Merger with NFI Empire Group of Companies\r\n\r\n\r\n\r\n\r\n\r\nMISSISSAUGA, ON / ACCESS Newswire / April 9, 2026 / Newport Gold, Inc. (OTCID:NWPG) today announced that it has completed its merger with NFI Empire Group of Companies (\"NFI Empire\"), a profitable and rapidly scaling automotive business. Notification of Change of Control has been submitted to OTC Markets and is currently in process.\r\n NFI Empire generates more than $10 million in annual revenue and operates with a clearly defined strategy to scale beyond $200 million through digital expansion across the specialty, classic, and exotic automotive markets.\r\n The Opportunity\r\n \r\n Global, digitally driven specialty automotive marketplaces\r\n Accelerating worldwide demand for classic, exotic, and specialty vehicles\r\n Significant margin expansion opportunities driven by technology and operational efficiencies\r\n \r\n Current Position\r\n \r\n $10M+ annual revenue with a proven, profitable operating model\r\n Private valuation in excess of $10M based on multiple similar stage private transactions in the sector\r\n Vertically integrated automotive platform\r\n Established systems, infrastructure, and scalable processes already in place\r\n No increase in Authorized or Outstanding shares of common stock\r\n \r\n Leadership Team\r\n Justin Fried, CEO & Co‑Founder Marine veteran and seasoned entrepreneur with more than 20 years of leadership experience across sales, marketing, and business development. As Co‑Founder of NFI Empire, Justin has built high‑performance teams, attracted top talent, and scaled differentiated automotive platforms through disciplined execution and culture‑driven leadership.\r\n Chris Nichols, Executive Chairman & Co‑Founder Experienced C‑level executive and entrepreneur with a track record of scaling high‑growth organizations. As Executive Chairman, Chris provides strategic direction, governance oversight, and leadership across the enterprise. His background includes serving as Chief Sales Officer at Field Nation (acquired by Susquehanna Growth Equity) and roles at Fisher Investments and GE Private Asset Management. He began his career as a Regi...