JPTE

JP 3E Holdings, Inc. Appoints Henry Ji, Ph.D., Stephen Ma and Jaedong Yoon to Board of Directors

JP 3E expands board with SCLX leadership, reinforcing metals and RWA strategy

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    <h3>Information</h3>
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    <h3>AI Summary</h3>
    <p>JP 3E Holdings appointed Henry Ji (SCLX CEO), Stephen Ma (SCLX COO/CFO), and Jaedong Yoon to its board, signaling stronger governance and U.S.–Korea execution capability. The moves support JPTE&#039;s push into strategic metals and real-world-asset infrastructure, alongside a Datavault AI–Patriot Strategic Metals collaboration that could underpin the Strategic Materials Acquisition Platform (SMAP) with up to $700 million in Phase I funding.</p>
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    <h3>Key Points</h3>
    <ul><li>JP 3E appoints Henry Ji, Stephen Ma, Jaedong Yoon to board Aug 13.</li><li>Board expansion adds governance, public-market, and cross-border leadership expertise.</li><li>Strategic metals and RWA infrastructure cited as JPTE&#039;s growth focus.</li><li>Datavault AI&#039;s partnership with Patriot signals potential SMAP platform.</li><li>Phase I platform development up to $700 million.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>JP 3E Holdings, Inc. (JPTE)</strong>: OTC-listed; board expansion signals governance and strategic direction.</li><li><strong>Scilex Holding Company (SCLX)</strong>: Henry Ji and Stephen Ma hold senior roles; cross-entity leadership may influence JPTE ties.</li><li><strong>Datavault AI Inc. (DVLT)</strong>: DVLT-DPAT partnership framework underpins SMAP; tokenization and settlement tech.</li><li><strong>Patriot Strategic Metals LLC</strong>: Operator of strategic-metals platform; potential financing/structure support for SMAP.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. Fits as leadership changes and governance expansion tied to strategic asset and RWA initiatives; signals intent to accelerate growth and capital-market access.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Board appointments may unlock new capital-market access for JPTE.</li><li>Datavault AI-DVLT partnership signals potential SMAP financing and faster rollout.</li><li>Execution risk remains until definitive agreements are signed.</li><li>OTC liquidity for JPTE could amplify headline-driven moves.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Appointees effective August 13, 2026.</li><li>Datavault AI announced partnership with Patriot Strategic Metals on July 1, 2026.</li><li>Phase I SMAP platform development program up to $700 million.</li><li>JP 3E Holdings operates Patriot Strategic Metals platform; issuer: JPTE ticker on OTC.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish over the next 3–9 months as governance upgrades and SMAP-related partnerships mature.</p>
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  <h2>JP 3E Holdings Expands Board with Three New Directors</h2>
  <p>TRENTON, N.J., Aug. 14, 2026 (GLOBE NEWSWIRE) -- JP 3E Holdings, Inc. (OTC Markets: JPTE) ("JP 3E Holdings" or the "Company") today announced the appointment of Henry Ji, Ph.D., Stephen Ma and Jaedong Yoon to its Board of Directors, effective August 13, 2026. The appointments strengthen JP 3E Holdings' Board with additional experience across public-company leadership, capital markets, life sciences, institutional finance and U.S.-Korea cross-border business. The expanded Board will support JP 3E Holdings as the Company advances its strategic initiatives, including its activities in strategic metals and real-world-asset ("RWA") infrastructure.</p>

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    <h3>New Directors at a Glance</h3>
    <ul>
      <li><strong>Henry Ji, Ph.D.</strong><br><em>Executive Chairperson, President and Chief Executive Officer, Scilex Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SCLX">SCLX</a>)</em></li>
      <li><strong>Stephen Ma</strong><br><em>Chief Financial Officer, Chief Operating Officer, Corporate Secretary and Director, Scilex Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SCLX">SCLX</a>)</em></li>
      <li><strong>Jaedong Yoon</strong><br><em>Senior Advisor, Murua Korea Corp.</em></li>
    </ul>
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  <section>
    <h3>About the New Directors</h3>

    <p><strong>Henry Ji, Ph.D.</strong><br><em>Executive Chairperson, President and Chief Executive Officer, Scilex Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SCLX">SCLX</a>)</em></p>
    <p>Dr. Ji has served as Executive Chairperson and a member of the board of Scilex Holding Company since September 2023 and as its President and Chief Executive Officer since August 2025. He has also served on the board of Scilex Pharmaceuticals, Inc. since November 2016 and previously served as its Chief Executive Officer. Dr. Ji co-founded Sorrento Therapeutics, Inc., where he served in senior executive and board leadership positions. He founded Vivasor, Inc. and serves as its Chief Executive Officer and Chairman and also serves as Executive Chairperson of Semnur Pharmaceuticals, Inc. Dr. Ji holds a Ph.D. in animal physiology from the University of Minnesota and a B.S. in biochemistry from Fudan University.</p>

    <p><strong>Stephen Ma</strong><br><em>Chief Financial Officer, Chief Operating Officer, Corporate Secretary and Director, Scilex Holding Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/SCLX">SCLX</a>)</em></p>
    <p>Mr. Ma has served as Scilex's Chief Financial Officer and Senior Vice President since September 2023, Corporate Secretary since March 2024, a director since September 2025 and Chief Operating Officer since October 2025. He previously served as Scilex's Chief Accounting Officer and Vice President of Finance. Mr. Ma also serves in senior operating and financial roles at Semnur Pharmaceuticals, Inc. Earlier in his career, he held finance and operating positions at Anwita Biosciences, Inc., Semnur Pharmaceuticals, Ardelyx, Inc. and Globavir Biosciences, Inc. He holds undergraduate and graduate degrees from San Jose State University.</p>

    <p><strong>Jaedong Yoon</strong><br><em>Senior Advisor, Murua Korea Corp.</em></p>
    <p>Jaedong Yoon serves as a Senior Advisor to Murua Korea Corp. and brings experience across governance, institutional strategy, finance and international business coordination. Mr. Yoon's experience is expected to strengthen JP 3E Holdings' ability to develop institutional relationships and execute cross-border initiatives between the United States and Korea.</p>
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    <h3>Strategic Direction and Market Context</h3>
    <p>JP 3E Holdings' expanded Board is intended to provide additional governance and public-market experience as the Company develops its businesses at the intersection of strategic assets, institutional capital and real-world-asset infrastructure.</p>
    <p>JP 3E Holdings also serves as Manager of Patriot Strategic Metals LLC, with operational authority covering procurement, custody, banking, government program participation and commercial execution for Patriot's strategic-metals platform. The strategic-metals sector is increasingly exploring tokenization as a way to connect physical commodities with digital ownership, financing and settlement infrastructure.</p>
    <p>On July 1, 2026, Datavault AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DVLT">DVLT</a>) announced a proposed strategic partnership with Patriot Strategic Metals to jointly develop the Strategic Materials Acquisition Platform (SMAP), designed to combine Patriot's strategic-metals platform with Datavault AI's RWA tokenization, AI-enabled digital infrastructure and blockchain-based settlement capabilities.</p>
    <p>Datavault AI's announcement contemplates an initial Phase I platform development program of up to <strong>$700 million</strong>, subject to financing availability, definitive agreements, board approvals and applicable regulatory requirements. JP 3E Holdings believes the announced framework reflects the broader convergence of physical strategic assets, institutional finance and digital market infrastructure, with the potential to improve transparency, collateral efficiency and transaction speed as regulatory and market structures continue to evolve.</p>

    <p><strong>“The addition of Henry, Stephen and Jaedong significantly strengthens the depth of our Board. We are building JP 3E Holdings for its next stage of growth, and that requires experienced leadership, access to capital markets and disciplined execution across the United States and Korea. We believe this Board gives us a stronger foundation from which to execute our strategy.”</strong> — John K. Park, Chairman and Chief Executive Officer, JP 3E Holdings, Inc.</p>
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  <section>
    <h3>About JP 3E Holdings, Inc.</h3>
    <p>JP 3E Holdings, Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/quote/JPTE">JPTE</a>) is a Nevada holding company headquartered in Trenton, New Jersey, with interests spanning strategic metals, real estate development, blockchain and real-world-asset infrastructure, and Korean small- and mid-cap enterprise growth. More information is available at <a href="https://www.globenewswire.com/Tracker?data=x9XsO6fN1J3yiKvBUuY9ULWaV5Ru9ec4PuNeZeGF-vkMnpfrKWzzquCOjy-YV2-oWu3MyYIdIS1hRwy5ZWfKlw==" rel="nofollow" target="_blank">https://jp3e.com/</a>.</p>
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  <section>
    <h3>Investor and Media Contacts</h3>
    <p><strong>John K. Park</strong><br>Chairman and Chief Executive Officer<br>JP 3E Holdings, Inc.<br>1300 Kuser Road, First Floor<br>Trenton, NJ 08619<br><a href="https://www.globenewswire.com/Tracker?data=pho-oyZQCG9_l8NyXgU3-msymmf19OpfDmeYfjEqkG0YkOCKFF0qsNw1hDdOgCgZBJ9bjqeKnlmB8GzcV8H5M0oxXii3ZdSwm1bJZU6Y4W4=" rel="nofollow" target="_blank">John.park@jp3e.com</a><br>+1 (609) 581-1721 (Office)</p>
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  <section>
    <h3>About Related Entities</h3>
    <p><strong>ABOUT DEMORA FOUNDATION</strong></p>
    <p>Demora Foundation, a wholly-owned subsidiary of JP 3E Holdings Inc., is the developer, owner, operator, and governor of the Demora Vault (DVT) ecosystem. Demora operates the Demora Mainnet — an OP Stack, EVM-compatible Layer-2 network — and is the issuer of the Demora Vault (DVT) settlement token for institutional real-world-asset tokenization, custody, and cross-border settlement.</p>

    <p><strong>ABOUT DATAVAULT AI INC.</strong></p>
    <p>Datavault AI&#x2122; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DVLT">DVLT</a>) is a pioneer in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. DataVault AI develops enterprise data systems, blockchain-based tokenization solutions, analytics platforms, and digital infrastructure for data monetization and institutional applications. Through its Data Sciences division, Datavault AI delivers patented technologies — including Data Vault Bank<sup>&#xAE;</sup>, DataScore<sup>&#xAE;</sup>, DataValue<sup>&#xAE;</sup>, the Information Data Exchange<sup>&#xAE;</sup>, and VerifyU&#x2122; — for the secure valuation, scoring, verification, tokenization, exchange, and settlement of real-world assets. Learn more at dvlt.ai.</p>
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JP 3E Holdings appointed Henry Ji (SCLX CEO), Stephen Ma (SCLX COO/CFO), and Jaedong Yoon to its board, signaling stronger governance and U.S.–Korea execution capability. The moves support JPTE's push into strategic metals and real-world-asset infrastructure, alongside a Datavault AI–Patriot Strategic Metals collaboration that could underpin the Strategic Materials Acquisition Platform (SMAP) with up to $700 million in Phase I funding.

News insight

JP 3E Holdings, Inc. Appoints Henry Ji, Ph.D., Stephen Ma and Jaedong Yoon to Board of Directors

AI summary

Sentiment rationale

Key facts

Corporate Developments