AIFA Files 8-K on HyalRoute Acquisition; Projects $930M Revenue by 2028
All In FutureTech Alliance Inc. (AIFA) announced the filing of a Form 8-K related to its previously announced acquisition of HyalRoute Fiber Optic Group at US$10.00 per share. The filing includes supplemental information from the seller detailing HyalRoute's business operations, infrastructure assets, strategic positioning, and projected financial performance. HyalRoute, a leading fiber-optic network and digital infrastructure company in ASEAN, projects total revenue of US$280 million in 2026, growing to US$930 million by 2028, with net profit after tax reaching US$470 million in 2028. The company is also developing a US$300 million AI supercomputing center, expected to generate US$310 million in revenue by 2028.
Key Highlights
- AIFA filed an 8-K regarding the acquisition of HyalRoute Fiber Optic Group at US$10.00 per share.
- HyalRoute operates approximately 85,000 km of terrestrial fiber and 25,000 km of international submarine fiber networks.
- HyalRoute's fiber network assets are valued at approximately US$4.0 billion, with net assets of US$3.0 billion.
- Projected total revenue for HyalRoute: US$280 million in 2026, US$530 million in 2027, and US$930 million in 2028.
- Projected net profit after tax for HyalRoute: US$140 million in 2026, US$260 million in 2027, and US$470 million in 2028.
- HyalRoute is developing an AI supercomputing center with a planned investment of approximately US$300 million.
- AI supercomputing center projected revenue: US$100 million in 2027 and US$310 million in 2028.
- HyalRoute's 2019 equity valuation estimates ranged from US$6.9 billion to US$10.0 billion by major banks.
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