Zhibao Technology signs deal to buy Malaysia’s NEXSYS TECH in up to USD 7.5 million earn-out shares
Bitget2026/09/28 12:07- Zhibao Technology entered a definitive agreement dated Sept. 28, 2026 to acquire 100% of Malaysia-based NEXSYS TECH.
- Consideration includes USD 1 cash at closing, with up to USD 7.5 million in contingent earn-out paid only in Class A ordinary shares.
- Earn-out depends on up to USD 3.015 million in cumulative audited net profit over a 27-month period from Oct. 1, 2026.
- NEXSYS is newly incorporated, with planned operations in AI computing infrastructure such as high-end GPU servers and hosting or leasing services.
- Preliminary cooperation arrangements cover data center facilities in East Malaysia and Indonesia totaling about 26 MW of rack power capacity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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