8-KAccepted Oct 5, 6:31 AM ET
Quanome Technologies: enters purchase and service agreements totaling $119,700,000
Accepted (ET)
6:31 AM
Oct 5, 2026
Filed
Oct 5, 2026
Documents
11
Size
209.5 KB
Summary
Quanome Technologies: enters purchase and service agreements totaling $119,700,000
What happened
- The company announced on Sep 29, 2026 that it entered into Purchase Agreement No. 2 with Compal Electronics, Inc. to purchase 32 GPU server units for an aggregate purchase price of approximately $18,800,000.
- The company also announced on Sep 29, 2026 that XDT Infrastructure I, LLC, a wholly owned subsidiary, entered into a Token Factory Master Services Agreement with XPERT SOFTWARE SOLUTIONS PTE. LTD. under which XDT will provide AI inference computing capacity with aggregate committed fees under the initial order of approximately $100,900,000.
Key details
- Purchase Agreement No. 2 requires a down payment equal to 20% of the aggregate purchase price, with the remaining 80% payable after shipment readiness confirmation and prior to shipment; servers are expected to be delivered to a designated U.S. data center.
- The service agreement initial order provides a dedicated, physically isolated GPU pool over a 60-month commitment term; the monthly fee is fixed for the term and is not reduced for usage below committed levels.
- The service agreement calls for a prepayment of approximately $45,000,000 payable in two tranches tied to procurement milestones; as of the date of this Current Report, no portion of the prepayment has become due or been paid.
- Both agreements include customary provisions on delivery, warranties, termination, service levels, confidentiality, export-control and data handling, and are subject to various conditions to completion.
Why it may matter
- Item 1.01 was reported: entry into material definitive agreements covering the purchase of GPU servers (Purchase Agreement No. 2) and a Token Factory Master Services Agreement for dedicated AI compute capacity. This filing does not show why the insider traded or why the company acted.