HWAL INC Reports $480M Music IP Acquisition via Melody Trust LLC; Realizes $12.5M in Licensing Revenue in Six Months; Transforms Balance Sheet with 192,595% Asset Growth LAS VEGAS, NV / ACCESS Newswire / August 5, 2026 / HWAL, Inc. (OTCID:HWAL), a diversified entertainment and intellectual property company, yesterday announced landmark financial results for the six months ended June 30, 2026, driven by the transformational acquisition of a $480 million music catalog and intellectual property portfolio through its wholly-owned subsidiary, Melody Trust LLC. HEADLINE METRICS - Q2 2026 PERFORMANCE Metric Q2 2026 FY 2025 Change Music Licensing Revenue $ 12,500,000 $ 250,000 +4,900 % Total Assets $ 492,731,700 $ 255,400 +192,595 % Stockholders' Equity $ 492,545,574 $ (96,000 )* Positive Turnaround Member Capital Contribution $ 480,000,000 $ 0 Transformational Digital Token Assets $ 12,500,000 $ 0 New Strategic Reserve Total Liabilities $ 186,000 $ 377,598 -50.7 % Net Income $ 106,500 $ 171,084 Interim Period *Represents improvement from negative equity position to fortress balance sheet EXECUTIVE SUMMARY In a single transaction, HWAL executed the acquisition of Melody Trust LLC, securing ownership of a 27,000+ master recording catalog performed by legendary artists including Ray Charles, Ella Fitzgerald, Frank Sinatra, Elvis Presley, Bee Gees, The Jackson 5, Jimi Hendrix, Aretha Franklin, The Who and numerous other platinum-selling acts.