What changed
Financials are thin here — no new equity offering or underwriter details in what we found. What we do know: ~43 employees and a micro-cap valuation near $320K. Judge this as a pivot/rebrand, not a conventional IPO.
Risks, per the company's own filings: execution, GPU capacity and financing, and customer acquisition. It's also evaluating strategic alternatives for the legacy real estate ops — a business it may exit entirely.
Use of proceeds: not disclosed in the data we reviewed. The pivot centers on an Oct 1, 2026 deal to acquire next-gen NVIDIA B300 GPUs under a long-term lease expected to throw off recurring cash flow.
Bottom line: a $320K micro-cap wearing an AI infrastructure story. The GPU lease and an early-stage OPTT LOI are the whole thesis — no offering terms, no underwriters, no comps. Treat it as a speculative rebrand until real revenue shows up.
Why it matters
Financials are thin here — no new equity offering or underwriter details in what we found. What we do know: ~43 employees and a micro-cap valuation near $320K. Judge this as a pivot/rebrand, not a con