SUPX unit to gain 51% of MicroInference, options up to 100%
Rhea-AI Filing Summary
SuperX AI Technology Limited reported a strategic investment by its wholly owned subsidiary into MicroInference Pte. Ltd.. The subsidiary agreed to subscribe for newly issued ordinary shares of MicroInference for an aggregate consideration of US$3 million, with the transaction to be completed following satisfaction of closing conditions. Following completion, the subsidiary becomes a 51% shareholder of MicroInference.
The agreement also includes put options in favor of MicroInference’s founder and an existing shareholder. If exercised and subject to agreed performance milestones, these options may result in SuperX AI Solution acquiring up to 100% of MicroInference. A related press release, “SuperX Fuels Regional AI Development with Strategic Investment in NVIDIA Solution Provider MicroInference,” was furnished as an exhibit.
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Insights
$3M primary share subscription for 51% control, with options to reach 100%.
The deal is a primary issuance: SuperX’s subsidiary is subscribing for newly issued MicroInference shares for
The agreement includes put options held by the founder and an existing shareholder. If those options are exercised and the specified performance milestones are met, SuperX’s stake may increase to 100%. Closing is conditioned on agreed requirements, so timing is contingent on satisfying those conditions and any subsequent milestone testing.
Key items are the closing of the initial subscription and any later option exercises tied to performance milestones. Subsequent filings may detail the closing status and milestone outcomes.