Exascale Labs secures 16 NVIDIA HGX B300 servers for $9,040,000, with a framework agreement enabling further expansion up to 128 units through March 2027.
On November 3, 2026 the company countersigned a firm order for 16 NVIDIA HGX B300 GPU servers at US$565,000 each, US$9,040,000 total, with a framework allowing purchases of up to 128 servers (US$72,320,000) through March 31, 2027. This confirms the AI infrastructure buildout is proceeding at a fixed price with refund protections, which supports the growth story, but it is a purchase commitment rather than revenue and requires a US$1,808,000 down payment, so the net effect is modestly positive rather than a clear surprise.
The warrants are exercisable for one Class A share at US$11.50, so they track the stock's outlook. The confirmed US$9,040,000 server order and the option to scale to 128 servers support the expansion story, but because the filing discloses a purchase obligation rather than revenue or earnings, the read-through to warrant value is indirect and modest.
Exascale Labs Holdings Inc. has finalized a $9,040,000 order for 16 NVIDIA HGX B300 GPU servers from Compal Electronics. The agreement, filed on November 9, 2026, allows the company to scale its infrastructure with an option to purchase up to 128 servers for a total of $72,320,000 through March 31, 2027.
On November 3, 2026 it countersigned a firm order with Compal for 16 NVIDIA HGX B300 GPU servers at US$565,000 each, US$9,040,000 in total, and it can optionally buy up to 128 servers in total (about US$72,320,000) at the same fixed unit price through March 31, 2027 with no minimum commitment.
It creates real cash obligations: a US$1,808,000 down payment within five business days of confirmation and the remaining US$7,232,000 before shipment, and once confirmed the order is non-cancellable except in limited cases such as failed delivery timelines or NVIDIA allocation withdrawal, when Compal must refund amounts paid.
Each XLABW warrant buys one Class A share at US$11.50, so any positive effect on the stock also supports the warrants. The filing confirms a US$9,040,000 server order and an option to expand to about US$72,320,000 in purchases, but since it is a spending commitment rather than new revenue, the impact on the warrants is indirect.