PowerCompute, Inc. Announces $18.13M Loan Facility

What Happened PowerCompute, Inc. filed a Form 8-K on August 10, 2026 reporting the creation of a direct financial obligation: a promissory note dated August 3, 2026 with a principal amount of $18,127,131.88. The filing furnishes a press release dated August 5, 2026 (Regulation FD disclosure) announcing the loan facility and includes the promissory note and an annex as exhibits. Counterparties named in the exhibits include US Digital Mining & Hosting Co, LLC and ChainFi Inc. d/b/a Arch Lending.

Key Details

• Promissory note principal: $18,127,131.88 (note dated August 3, 2026).
• Exhibits filed: Promissory Note (10.1), Promissory Note Annex (10.2), and Press Release dated August 5, 2026 (99.1).
• 8-K filed: August 10, 2026 (Items 2.03 — creation of direct financial obligation; 7.01 — Regulation FD disclosure).
• The 8-K does not provide additional operational details or specify use of proceeds in the disclosed excerpt.

Why It Matters This 8-K confirms PowerCompute has taken on a material new debt obligation (about $18.13M), which increases the company’s liabilities and can affect liquidity and leverage metrics investors watch. Key economic terms (interest rate, maturity, repayment schedule, covenants) are contained in the promissory note and annex; investors should review those exhibits and the Aug. 5 press release to assess the financing’s impact on balance sheet and cash flow. The Regulation FD furnishing means the company publicly disclosed the transaction to all investors.