First America Resources MEGR

First America Resources Corporation operates in the IT asset disposition and electronics recycling industry. The company provides services such as refurbishment and resale of IT equipment, secure data destruction, electronics recycling and material recovery, data center decommissioning, and lifecycle management of technology assets. It processes laptops, desktop computers, servers, networking equipment, SAN and NAS storage systems, telecommunications equipment, monitors, storage devices, processors, memory, and other IT components used in enterprise and industrial applications.

First America Resources Corporation generates revenue through its IT asset disposition services, including equipment collection, logistics coordination, asset tracking, equipment testing, data destruction, refurbishment, resale preparation, and responsible recycling. The company also earns revenue from data center decommissioning projects, artificial intelligence infrastructure lifecycle services, and the recycling of emerging technology equipment such as solar panels and electric vehicle batteries. Revenue is derived from resale of refurbished equipment and recovery of valuable materials from end-of-life devices.

First America Resources Corporation operates through the following segments:

• METech Recycling Inc. is a wholly owned subsidiary engaged in recycling operations since 1968, with business origins dating back to 1875 in precious metal recovery and refining activities. It serves as the company's operating business following the business combination described in the Report on Form 8-K dated July 18, 2025. METech Recycling is headquartered in Gilroy, California and utilizes technology-assisted sorting and evaluation tools that employ machine learning techniques to improve the identification and classification of incoming electronic equipment and components.

First America Resources Corporation competes in a competitive electronics recycling and IT asset disposition industry that includes regional, national, and international operators. The company seeks to differentiate itself through the use of data-driven processing systems that assist with equipment classification and pricing analysis, established enterprise customer relationships, compliance with environmental and data security standards, and operational locations positioned to support customers across multiple regions of the United States. Its operational network and logistics capabilities enable service coverage to customers across a substantial portion of the United States.

First America Resources Corporation serves a diverse customer base across several sectors including technology companies, telecommunications providers, defense contractors, educational institutions, and government agencies. A significant portion of the electronic equipment processed originates from enterprise IT asset disposition programs and data center decommissioning projects. The company has established relationships with large enterprise organizations, including companies that are components of the Fortune 500, which utilize its services for IT asset disposition, electronics recycling, and technology lifecycle management.