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Mobile-health Network (MNDR) ties 35MW data centre boost to PP GRID buy

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Mobile-health Network Solutions filed an update on its planned acquisition of PP GRID SDN. BHD. (PPG). The company signed a Supplemental Agreement to its existing Sale and Purchase Agreement, under which the PPG shareholder will procure and transfer an additional 35MW of data centre capacity into PPG by an agreed long stop date.

In return, the shareholder may receive up to US$3,000,000 in additional purchase consideration, to be set by independent valuation. The Supplemental Agreement will only take effect and become part of the original acquisition contract once the capacity transfer is completed in line with its terms.

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Insights

Deal add-on boosts data centre scale with limited extra cost disclosed.

The company is enhancing its planned acquisition of PP GRID SDN. BHD. by tying in an extra 35MW of data centre capacity. This deepens the strategic rationale of the transaction by increasing the operational scale housed within the acquired entity.

The extra capacity comes with additional consideration of up to US$3,000,000, set by independent valuation, which appears modest for 35MW in many markets. Because the Supplemental Agreement becomes effective only after the transfer is completed, execution of the capacity transfer is a key condition for realizing the enlarged deal scope.

Additional data centre capacity 35MW Capacity to be transferred into PPG under Supplemental Agreement
Additional purchase consideration cap US$3,000,000 Maximum extra consideration for 35MW, by independent valuation
SPA signing date March 16, 2026 Date original Sale and Purchase Agreement for PPG was entered
Supplemental Agreement date April 22, 2026 Date Supplemental Agreement to SPA was signed
Sale and Purchase Agreement financial
"entered into a definitive Sale and Purchase Agreement (“SPA”) to acquire 100%"
A sale and purchase agreement is a binding written contract that sets out the exact terms under which one party sells and another buys assets or a business, much like the detailed receipt and instructions you get when buying a house. It matters to investors because it defines the price, what is included, payment timing, and any promises or protections — all of which determine future cash flows, risk, and the value of the companies involved.
Supplemental Agreement financial
"entered into a Supplemental Agreement to the SPA (the “Supplemental Agreement”)"
long stop date financial
"transfer an additional 35MW of data centre capacity into PPG by no later than the agreed long stop date"
A long stop date is the final deadline in a transaction or agreement by which all required steps, approvals, or conditions must be completed; if they are not met by that date the deal can be cancelled or renegotiated. Think of it as the ‘last call’ expiry on a plan—investors pay attention because it creates a clear risk of termination, timing for cash flows, and potential changes to valuation or strategy if milestones are missed.
forward-looking statements regulatory
"This report on Form 6-K contains forward-looking statements within the meaning of Section 27A"
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.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2026

 

Commission file number: 001-41990

 

 

 

Mobile-health Network Solutions

(Exact name of registrant as specified in its charter)

 

 

 

2 Venture Drive, #07-08 Vision Exchange

Singapore 608526

+65 6222 5223

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

Entry into a Strategic Cooperation Memorandum of Understanding and Sale and Purchase Agreement.

 

As previously disclosed, on March 16, 2026, Mobile-health Network Solutions (the “Company”) entered into a definitive Sale and Purchase Agreement (“SPA”) to acquire 100% of the issued share capital of PP GRID SDN. BHD. (“PPG”) from the sole shareholder of PPG (the “PPG Shareholder”), subject to certain customary closing conditions.

 

On April 22, 2026, the Company entered into a Supplemental Agreement to the SPA (the “Supplemental Agreement”), pursuant to which the Sole Shareholder agrees to procure and transfer an additional 35MW of data centre capacity into PPG (the “Transfer”) by no later than the agreed long stop date, in exchange for additional purchase consideration of up to US$ 3,000,000, to be determined by independent valuation.

 

The Supplemental Agreement will only become effective and form part of the SPA upon completion of the Transfer in accordance with its terms. The Company will provide further updates as appropriate.

 

The Supplemental Agreement is attached to this Current Report on Form 6-K as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the material terms of the Supplemental Agreement does not purport to be complete and is qualified in its entirety by reference to the exhibit attached hereto.

 

Forward-Looking Statements

 

This report on Form 6-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, statements regarding the ability to successfully execute on the plans and undertakings contemplated in the agreements discussed in this report.

 

Additional forward-looking statements can be identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the SEC from time to time. Copies of these filings are available online from the SEC at www.sec.gov, or on the SEC Filings section of our Investor Relations website at https://investors.manadr.com/sec-filings. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Supplemental Agreement dated April 22, 2026.

 

 

 

 

SIGNATURES

 

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

 

  Mobile-health Network Solutions
   
Date: April 24, 2026 By: /s/ Siaw Tung Yeng
    Siaw Tung Yeng
    Co-Chief Executive Officer

 

 

FAQ

What did Mobile-health Network Solutions (MNDR) announce in its April 2026 6-K?

Mobile-health Network Solutions announced a Supplemental Agreement linked to its planned acquisition of PP GRID SDN. BHD. The agreement adds 35MW of data centre capacity to be transferred into PPG and introduces up to US$3,000,000 in additional consideration, subject to independent valuation and completion conditions.

How does the Supplemental Agreement affect MNDR’s acquisition of PP GRID SDN. BHD.?

The Supplemental Agreement expands the acquisition scope by requiring the PPG shareholder to transfer an additional 35MW of data centre capacity into PPG. In exchange, the shareholder can receive up to US$3,000,000 more, determined by independent valuation, once the transfer is successfully completed under the agreed terms.

What additional consideration will MNDR pay for the extra 35MW data centre capacity?

For the extra 35MW of data centre capacity to be transferred into PPG, Mobile-health Network Solutions agreed to provide additional purchase consideration of up to US$3,000,000. The exact amount will be set by an independent valuation and is contingent on completion of the capacity transfer.

Filing Exhibits & Attachments

10 documents