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Datacentrex (NASDAQ: DTCX) buys into LNG fuel for next-gen U.S. rockets

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Datacentrex, Inc. (DTCX) entered into a Common Unit Purchase Agreement with ELNG Equity LLC, under which Datacentrex purchased 23,076,923 Class A Common Units of ELNG for an aggregate purchase price of approximately $30,000,000. The transaction closed on August 28, 2026, and Datacentrex paid the purchase price at closing. The investment represents a 10.5% equity interest in ELNG, the equity holding company of Eagle LNG Partners, a vertically integrated producer of liquefied natural gas and a qualified supplier of aerospace-specification liquid methane for next-generation U.S. launch vehicles.

Datacentrex joined ELNG’s Operating Agreement as a unitholder and obtained several protections and rights, including a three‑month “most favored nations” provision for more favorable future equity terms and a 12‑month pro rata participation right in ELNG’s subsequent debt financings, subject to existing preferential rights. Eagle LNG has been producing and delivering LNG since 2017 and serves contracted customers across space propulsion, marine bunkering, island utility and industrial markets under long‑term take‑or‑pay agreements with a weighted average tenor of about 15 years, and has completed more than 700 LNG bunkering operations since 2018 without incident.

Positive

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Negative

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Filing Explained

The $30 million is now in a private, non-controlling interest with transfer restrictions and no promised liquidity event.

The filing records the investment as completed: DTCX paid $30 million on August 28, 2026 for an illiquid, non-controlling ELNG interest, changing company cash into a hard-to-trade private asset.

The acquired securities are ELNG units, issued and sold privately under a registration exemption; the filing describes no issuance of additional DTCX common shares, so these disclosed mechanics do not add to DTCX’s share count.

DTCX reported $51.9 million of cash at June 30, 2026, while the purchase price was $30 million paid on August 28, 2026. Because those dates differ, the supplied evidence does not establish the cash balance after closing.

The filing says ELNG units have no public market, are subject to transfer restrictions, and represent a non-controlling interest that gives DTCX limited influence over management, strategy, capital structure, or distributions. It also says ELNG has no obligation or committed timetable for an initial public offering or other liquidity event; the relevant resolution is whether such an event occurs and whether DTCX’s restrictions are lifted or otherwise permit liquidity.

Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Class A Common Units purchased 23,076,923 Units Units of ELNG Equity LLC acquired by Datacentrex under the Purchase Agreement
Aggregate Purchase Price $30,000,000 Total consideration paid by Datacentrex for the ELNG Class A Common Units
Equity interest in ELNG 10.5% Ownership stake in ELNG represented by Datacentrex’s $30 million investment
Weighted average contract tenor approximately 15 years Average term of Eagle LNG’s long-term take-or-pay supply agreements
LNG bunkering operations completed more than 700 Ship-to-shore and ship-to-ship operations completed by Eagle LNG since 2018 without incident
Most favored nations period three months Period after Closing during which more favorable ELNG equity terms would apply at Datacentrex’s option
Debt participation right period 12 months Time after Closing during which Datacentrex may participate pro rata in ELNG debt financings
Common Unit Purchase Agreement financial
"entered into a Common Unit Purchase Agreement (the “Purchase Agreement”)"
A common unit purchase agreement is a contract that sets the terms for buying common units, which are equity shares in a partnership or limited-liability company. It spells out price, number of units, closing conditions, and basic rights or restrictions attached to those units, like voting, distributions, and transfer limits. Investors care because the agreement defines ownership stakes and cash-flow and governance rights—similar to a receipt and rulebook for buying a piece of a business.
most favored nations financial
"contains a “most favored nations” provision which provides that, for three months"
take-or-pay financial
"under long-term take-or-pay supply agreements with a weighted average tenor"
A take-or-pay clause is a contract term that requires a buyer to either take delivery of an agreed amount of a product or pay a penalty if they do not. For investors, it matters because it creates predictable revenue for the seller—like a subscription fee that must be paid whether fully used or not—reducing sales volatility but also introducing counterparty risk if the buyer’s ability to pay is uncertain.
right of first refusal financial
"the fact that a right of first refusal does not obligate any counterparty"
A right of first refusal gives an existing shareholder or party the chance to buy an asset or shares before the owner can sell them to someone else. Think of it like being offered the first option to buy a house when the owner decides to sell; it matters to investors because it can limit who can acquire a stake, slow or block transactions, and affect the price and liquidity of an investment by restricting open-market sales or new buyers.
forward-looking statements regulatory
"This press release contains certain forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What investment did Datacentrex (DTCX) announce in this 8-K?

Datacentrex invested $30,000,000 in ELNG Equity LLC by purchasing 23,076,923 Class A Common Units. The investment closed on August 28, 2026, giving Datacentrex exposure to Eagle LNG Partners’ LNG production and space-launch fuel business.

What ownership stake does Datacentrex (DTCX) gain in ELNG from this deal?

Datacentrex states that the $30 million investment reflects a 10.5% equity interest in ELNG, the equity holding company of Eagle LNG Partners.

What contractual protections did Datacentrex (DTCX) receive in the ELNG investment?

Datacentrex obtained a three‑month “most favored nations” clause for more favorable equity terms and a 12‑month right to participate pro rata in any subsequent ELNG debt financing, subject to existing preferential rights of certain ELNG stakeholders.

How established is Eagle LNG, the business underlying Datacentrex’s (DTCX) investment?

Eagle LNG has been producing and delivering LNG since 2017 and serves contracted customers under long-term take-or-pay agreements with a weighted average tenor of about 15 years. Since 2018 it has completed more than 700 LNG bunkering operations without incident.

How was the ELNG unit purchase by Datacentrex (DTCX) structured legally?

The units were sold under a Common Unit Purchase Agreement and issued in a private transaction relying on the Section 4(a)(2) exemption from registration under the Securities Act of 1933, with transfer restrictions and governance terms set by ELNG’s Operating Agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) August 27, 2026

 

DATACENTREX, INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-42388   85-3651036
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

470 W 200 N STE 18    
Salt Lake City, UT   84103
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (800) 403-6150

 

N/A

(Former name or former address, if changed since last report.)

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, $0.001 par value   DTCX   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 
 

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On August 27, 2026, Datacentrex, Inc. (the “Company”) entered into a Common Unit Purchase Agreement (the “Purchase Agreement”) with ELNG Equity LLC (“ELNG”), pursuant to which the Company agreed to purchase, and ELNG agreed to sell, 23,076,923 Class A Common Units of ELNG (the “Units”) for an aggregate purchase price of approximately $30,000,000 (the “Purchase Price”). The closing of the transactions contemplated by the Purchase Agreement (the “Closing”) occurred on August 28, 2026 and the Company paid the Purchase Price. In connection with the Closing, the Company entered into a joinder agreement to ELNG’s Second Amended and Restated Limited Liability Company Agreement (the “Operating Agreement”), which governs the Company’s rights and obligations as a unitholder of ELNG.

 

The Purchase Agreement contains customary representations, warranties and covenants of the parties, including provisions regarding the private offering nature of the transaction. The Units have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or under applicable state securities laws, and were issued and sold in reliance on an exemption from registration under Section 4(a)(2) of the Securities Act. The Purchase Agreement also includes restrictions on transfer of the Units, including that any transfer must be made in accordance with applicable law and the Operating Agreement. In addition, the Purchase Agreement contains a “most favored nations” provision which provides that, for three months following the Closing, if ELNG issues equity interests on terms more favorable than those provided to the Company under the Purchase Agreement, such more favorable terms will, at the Company’s option, become a part of the Purchase Agreement. The Purchase Agreement also grants the Company a right, for 12 months following the Closing, to participate pro rata in any subsequent debt financing by ELNG on the same terms and conditions as such financing, subject to existing preferential rights of certain ELNG stakeholders.

 

The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 8.01 Other Events.

 

On August 31, 2026, the Company issued a press release announcing the Closing. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Exhibit
10.1*+   Common Unit Purchase Agreement, dated August 27, 2026, by and between Datacentrex, Inc. and ELNG Equity LLC
99.1   Press release, dated August 31, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

* Certain exhibits and schedules to this Exhibit have been omitted in accordance with Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of all omitted exhibits and schedules to the Securities and Exchange Commission or its staff upon request.
   
+ Certain provisions and terms of this Exhibit have been redacted in accordance with Item 601(b)(10)(iv) of Regulation S-K because the Company customarily and actually treats that information as private or confidential and the omitted information is not material. The Company will supplementally provide a copy of an unredacted copy of this exhibit to the Securities and Exchange Commission or its staff upon request.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Datacentrex, Inc.
     
Date: August 31, 2026 By: /s/ Parker Scott
  Name: Parker Scott
  Title: Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

Datacentrex Invests $30 Million in Eagle LNG Partners, a Supplier of Fuel for the U.S. Space Launch Industry

 

Investment reflects 10.5% equity interest in Operating Aerospace-Spec LNG Producer Positioned for the U.S. Space Launch Buildout

 

Eagle LNG produces high-methane, aerospace-specification LNG required by the next generation of American reusable launch vehicles

 

Investment is being made concurrently with, and at the same value per unit as, a $10 million commitment by an affiliate of The Energy & Minerals Group (“EMG”). Funds managed by EMG are Eagle LNG’s controlling sponsor and an existing investor in the business

 

Salt Lake City, UT – August 31, 2026 – Datacentrex, Inc. (“Datacentrex” or the “Company”) (Nasdaq: DTCX) today announced that it has entered into a Common Unit Purchase Agreement and invested $30 million in ELNG Equity LLC (“ELNG”), the equity holding company of Eagle LNG Partners LLC (“Eagle LNG”), acquiring $30 million of Class A Common Units. Eagle LNG is a vertically integrated producer of liquefied natural gas and a qualified supplier of the aerospace-specification liquid methane used to fuel next-generation American launch vehicles.

 

An Operating Business, Not a Development Project

 

Eagle LNG has been producing and delivering LNG since 2017 and serves a contracted customer base across space propulsion, marine bunkering, island utility and industrial end-markets under long-term take-or-pay supply agreements with a weighted average tenor of approximately 15 years. Since 2018 it has completed more than 700 LNG bunkering operations, both ship-to-shore and ship-to-ship, without incident.

 

“We are focused on companies producing real revenue in ultra-high-growth sectors, and we intend to be at the forefront of them,” said Parker Scott, Chief Executive Officer of Datacentrex. “Eagle LNG is not a concept. It has been producing and delivering LNG since 2017 and it is already under contract with a leading space propulsion customer. The United States is setting out to multiply its launch cadence several times over this decade, and every one of those vehicles has to be fueled. We would rather own a position in the supply chain underneath that growth than try to pick which vehicle wins.”

 

About Datacentrex, Inc.

 

Datacentrex, Inc. is a diversified technology-driven enterprise operating a digital asset mining business across high-growth sectors including digital-asset infrastructure, data-center operations, and energy and space-launch infrastructure. Datacentrex, Inc. intends to pursue selective investments, partnerships, and acquisitions to drive innovation and value creation. For additional information, please refer to the Company’s filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov.

 

Visit Datacentrex’s investor relations website at https://ir.datacentrex.com/.

 

 
 

 

About Eagle LNG Partners

 

Eagle LNG Partners is a Jacksonville, Florida–based developer and operator of small-scale LNG infrastructure serving space propulsion, marine bunkering, island utility and industrial customers across the southeastern United States and the Caribbean. Eagle LNG was formed in 2013 and is controlled by The Energy & Minerals Group.

 

Forward-Looking Statements Disclaimer

 

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding the anticipated benefits of the investment; Eagle LNG’s planned expansion projects and their expected cost, timing and capacity impact; the expected commencement of contract volumes; projected growth in space propulsion, launch cadence, marine bunkering or other LNG demand; the effect of governmental policy on commercial space activity; Eagle LNG’s ability to convert unfilled demand or rights of first refusal into contracted volumes; the potential for future strategic transactions involving Eagle LNG; and Datacentrex’s future financial condition, results of operations, business operations and business prospects, are forward-looking statements. These statements are identified by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and similar expressions that are intended to identify forward-looking statements.

 

All forward-looking statements are subject to important factors, risks, uncertainties, and assumptions, including industry and economic conditions that could cause actual results to differ materially from those described in the forward-looking statements. Such factors, risks, uncertainties and assumptions include, but are not limited to: the illiquid, non-controlling nature of the Company’s interest and the absence of any public market for the Class A Common Units, and the resulting risk of loss of all or a portion of the investment; the absence of any obligation or committed timetable for ELNG to pursue an initial public offering or other liquidity event, and the possibility that no such transaction occurs, that it is delayed or completed on terms unfavorable to existing holders, or that it does not result in liquidity for the Company’s units, which may remain subject to lock-up, conversion and transfer restrictions; the Company’s limited ability to influence Eagle LNG’s management, strategy, capital structure or distribution policy; Eagle LNG’s substantial existing indebtedness and preferred equity, and its ability to service, refinance or repay those obligations; delays, cost overruns or permitting, siting or construction risk affecting the Talleyrand second berth, the Maxville de-bottlenecking program, or any future liquefaction capacity; the possibility that de-bottlenecking does not achieve expected production capacity; customer concentration and the commencement, renewal, modification, non-performance or early termination of customer contracts, including termination rights exercisable on limited notice; the fact that a right of first refusal does not obligate any counterparty to purchase any volumes; the early-stage and capital-intensive nature of the commercial space launch industry and its dependence on third-party launch cadence, vehicle qualification and government programs outside Eagle LNG’s control; the possibility that announced governmental objectives regarding launch cadence are not achieved, are modified, or do not translate into demand for Eagle LNG’s products; volatility in natural gas, LNG and competing marine fuel prices; changes in tax credits, tariffs, export authorizations and other governmental policies affecting LNG; the reliance of statements in this release regarding Eagle LNG on information provided by Eagle LNG, which the Company has not independently verified; the effect of the investment on the Company’s liquidity and capital resources; volatility in the prices of Dogecoin, Litecoin, Bitcoin and other digital assets and increases in Scrypt network difficulty; and volatility of Datacentrex’s stock price.

 

Forward-looking statements also are affected by the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Investors and security holders are urged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The risks and uncertainties that Datacentrex has described are not the only ones Datacentrex faces. Additional risks and uncertainties not presently known to Datacentrex or that Datacentrex currently deems immaterial may also affect Datacentrex’s operations. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Except as required by law, Datacentrex undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made.

 

This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

 

Company Contact

 

Datacentrex Investor Relations

ir@datacentrex.com

800-403-6150

 

 

Filing Exhibits & Attachments

5 documents