Exascale Labs Holdings Inc. has entered into a definitive agreement to purchase sixteen Intel BHS 10U GPU servers equipped with NVIDIA HGX B300 GPUs from Compal Electronics, Inc. The transaction, detailed in a Form 8-K filed on November 3, 2026, involves an aggregate purchase price of US$9,040,000.
The order, confirmed via Proforma Invoice No. 2026103003, is part of a broader framework established on September 30, 2026. The agreement allows Exascale Labs to purchase up to 128 servers through March 31, 2027, at a fixed unit price of US$565,000, with a total potential value of US$72,320,000.
Under the terms of the deal, Exascale Labs is required to pay 20% of the purchase price, or US$1,808,000, as a down payment within five business days of confirmation. The remaining 80%, or US$7,232,000, must be paid within five business days prior to shipment. The servers are scheduled for delivery to a data center in the United States under DAP (Incoterms 2020), with title transferring to the buyer upon full payment.
Compal is obligated to have the servers ready for shipment within four to six weeks of receiving the down payment and to ship them within five days of receiving full payment. The equipment is covered by a three-year warranty. The filing also notes that the agreement includes financial covenants, such as a maximum debt-to-equity ratio and a minimum cash reserve, as well as provisions for acceleration of amounts due and a security interest in favor of Compal.
