SANGRIX Announces November 2026 Delivery Schedule for 128-GPU NVIDIA Blackwell B300 Project in Malaysia
Expected delivery has shifted from the third quarter to November 2026, with commercial operations still dependent on installation and testing.
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Rhea-AI Summary
SANGRIX (SGRX) announced that its Malaysian AI infrastructure servers are scheduled for delivery during the week of November 3, 2026.
The 16 servers contain 128 NVIDIA B300 GPUs. The schedule, relayed by seller PT MITRA MANUNGGAL SANGKARA from a manufacturer update, replaces the original third-quarter 2026 expectation. Inspection, racking and testing are expected to take approximately one additional week after delivery. Production deployment depends on successful commissioning and applicable acceptance requirements.
The project was originally announced as an approximately US$11 million acquisition, with previously executed customer deployment and hosting arrangements. Delivery timing remains subject to the manufacturer’s logistics schedule.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointPreviously executed customer deployment and hosting arrangements support the planned Malaysian deployment.
- Minor point. Forward-looking: it has not happened yet and may not happen.Planned Malaysian computing capacity comprises 16 servers with 128 NVIDIA B300 GPUs.
Negative
- Major point. Forward-looking: it has not happened yet and may not happen.The planned server acquisition carries an approximately US$11 million cost. 8.4× market cap
- Moderate point. Forward-looking: it has not happened yet and may not happen.Expected delivery shifted from third-quarter 2026 to the week of November 3, 2026.
- Minor pointDelivery timing remains subject to the manufacturer’s logistics schedule.
- Minor point. Forward-looking: it has not happened yet and may not happen.Post-delivery inspection, racking and testing are expected to take approximately one additional week.
- Minor pointCommercial operations remain conditional on successful installation, testing and applicable contractual requirements.
Details
Market move: SGRX +8.01% vs previous close. November 2026 delivery update
On Oct 16, the day this news came out, the latest delayed price for SGRX is 8.01% above the previous close. Argus tracked a peak move of +14.6% during the session. Argus tracked a trough of -38.2% from its starting point during tracking. Our momentum scanner has recorded 93 alerts for this stock so far that day. The latest delayed price is $0.74. Relative volume is exceptionally heavy at 630.2x the average.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.
Key Figures
- Servers scheduled for delivery
- 16 servers
- Scheduled for the week of November 3, 2026
- GPU count
- 128 NVIDIA B300 GPUs
- Across the 16-server project
- Acquisition amount
- Approximately US$11 million
- Acquisition of 16 NVIDIA Blackwell B300 AI servers, announced June 29, 2026
- Post-delivery inspection and testing
- Approximately one additional week
- Expected after delivery, before production deployment
- Prior delivery expectation
- Third-quarter 2026
- The November 2026 schedule updates this expectation
Key Terms
gpu technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Latest manufacturer update relayed by equipment seller indicates delivery of 16 servers during the week of November 3, 2026
SINGAPORE, Oct. 16, 2026 (GLOBE NEWSWIRE) -- SANGRIX INC. (Nasdaq: SGRX) (“SANGRIX” or the “Company”), formerly Bit Origin Ltd, today provided a delivery update marking a key step toward deployment of its NVIDIA Blackwell B300 AI infrastructure in Malaysia.
PT MITRA MANUNGGAL SANGKARA, the seller of the infrastructure, has advised SANGRIX that, based on its latest update from the manufacturer, the 16 B300 servers are scheduled to be delivered during the week of November 3, 2026. The systems comprise 128 NVIDIA B300 GPUs and are intended to establish the Company’s initial Blackwell-based AI computing capacity in Malaysia.
Following delivery, inspection, racking and testing are expected to take approximately one additional week. Production deployment will follow successful completion of commissioning and applicable acceptance requirements.
“The latest delivery update brings us closer to putting our first Blackwell-based computing infrastructure into service,” said Jinghai Jiang, Chairman and Chief Executive Officer of SANGRIX. “Our priority is execution: completing installation and testing, serving customer workloads and translating this investment into recurring revenue. This 128-GPU project represents an important foundation for the AI infrastructure business we are building.”
The project was originally announced on June 29, 2026, as an approximately US
The expected November 2026 delivery updates the third-quarter 2026 delivery expectation disclosed in the original announcement. Delivery timing remains subject to the manufacturer’s logistics schedule, and the commencement of commercial operations remains subject to successful installation, testing and satisfaction of applicable contractual requirements.
“Our strategy is to build an AI infrastructure business anchored in operating assets and customer demand,” Mr. Jiang added. “As this initial project moves toward deployment, we remain focused on disciplined capital allocation and establishing an operating foundation for future growth.”
The Company will provide further updates as material delivery, commissioning and operational milestones are achieved.
About SANGRIX INC.
SANGRIX INC. (Nasdaq: SGRX), formerly Bit Origin Ltd, is pursuing a strategic transition toward AI computing and digital infrastructure. For more information, visit sangrix.ai.
Forward-Looking Statements
This release contains forward-looking statements concerning expected equipment delivery, installation and testing schedules, production deployment, customer workloads, recurring revenue and future growth. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. These statements reflect current expectations, including information provided by the seller, and are subject to risks and uncertainties involving manufacturer schedules, shipping and logistics, site readiness, equipment configuration and performance, customer acceptance and performance under commercial arrangements. Actual timing and results may differ materially. Additional risks are described in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements except as required by applicable law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
Investor Relations Contact
SANGRIX INC.
Email: ir@sangrix.ai
Website: sangrix.ai
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