MergerAug 13, 2026, 04:35 PM
AIB Data Centers Completes Merger, Public Offering, & Name Change
AI Summary
AIB Data Centers Inc. (formerly BlockchAIn Digital Infrastructure, Inc.) completed a business combination with Signing Day Sports, Inc. on March 16, 2026, making AIB the parent entity. The company also changed its name on June 25, 2026, and formed a new subsidiary, AIB CLT1 LLC, for a 65 MW AI/HPC data center campus. A public offering significantly boosted cash and cash equivalents to $52.78 million and total assets to $90.41 million as of June 30, 2026. However, the company reported a net loss of $(3.75) million for the six months ended June 30, 2026, compared to a loss of $(53,033) in the prior year, with revenues decreasing.
Key Highlights
- Completed business combination with Signing Day Sports, Inc. on March 16, 2026.
- Changed corporate name to AIB Data Centers Inc. on June 25, 2026.
- Formed AIB CLT1 LLC for a new 65 MW AI/HPC data center campus.
- Net cash provided by financing activities was $58,387,838 for 6 months ended June 30, 2026.
- Cash and cash equivalents increased to $52,784,510 as of June 30, 2026.
- Total assets grew to $90,407,767 as of June 30, 2026.
- Net loss for six months ended June 30, 2026, was $(3,754,431).
- Revenues for six months ended June 30, 2026, were $7,828,661.
Price Impact
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