Marwynn Holdings: enters memorandum of understanding with OmniX Technologies

What happened

• Marwynn Holdings, Inc. reported that on Oct 8, 2026 it entered into a memorandum of understanding ("MOU") with OmniX Technologies Pte. Ltd. (UEN 202529394M), the owner and operator of the OmniX platform.
• The MOU establishes a framework to evaluate potential cooperation in AI and high-performance computing infrastructure, AI applications and data analytics, real-world asset ("RWA") and securities infrastructure, distribution and market development, regional market entry, and corporate and capital markets matters.

Key details

• The Company, directly or through an affiliate (including NexaCore Technologies, Inc.), may evaluate providing AI and high-performance computing services for OmniX platform workloads, including model training, fine-tuning, inference, model serving, data processing, and analytics.
• The parties will evaluate joint development and operation of AI services such as agent orchestration, trading-strategy support, risk and margin analytics, fraud and market-abuse detection, prediction functions, customer-support automation, and RWA valuation and risk modeling.
• The MOU designates the Company and its affiliates as OmniX’s preferred suppliers of computing and AI services in the defined territory and OmniX as the Company’s preferred provider of RWA securities trading infrastructure and multi-asset account technology; the preferred-partner provisions are binding as to process and priority but do not require either party to place or accept orders or enter definitive agreements.
• The MOU contemplates an indicative four-phase evaluation: mobilization during the first 30 days; assessment during days 31 through 120; potential limited pilots during months 5 through 9; and potential negotiation and execution of definitive agreements during months 10 through 18. The MOU will remain in effect for 18 months from its effective date unless extended or superseded.

Why it may matter

• This item is Item 8.01: other events. The filing reports a nonbinding MOU that records the parties’ present intentions, while identifying specific provisions that are binding (including preferred-partner procedures, confidentiality, intellectual property principles, regulatory and compliance matters, AI and security, costs, governing law, and dispute resolution).
• The MOU does not obligate either party to purchase or supply services, invest, transfer assets, implement a project, or enter into a definitive agreement; it specifies no price, fee, revenue share, investment amount, or minimum purchase commitment and does not establish contracted revenue for the Company.
• A filing does not show why the insider traded or why the company acted.