Exascale Labs Sells 12 Nvidia HGX B300 GPU Servers And 36 Months Of It Operation Services To Sunon For $8.2M

On October 9, 2026, Exascale Labs Holdings Inc. (NASDAQ:XLAB, XLABW))), a Delaware corporation (the "Company"), entered into a purchase and sale agreement dated as of October 8, 2026 (the "PSA") with the buyer, Sunon Inc., a California corporation and a U.S. subsidiary of Sunonwealth Electric Machine Industry Co., Ltd. (TWSE: 2421), Kaohsiung, Taiwan, pursuant to which the Company will sell and provide 12 NVIDIA HGX B300 GPU servers (96 GPUs), together with network equipment and management servers, deployment services and 36 months of IT operation services, to be delivered to a data center in the United States designated by the buyer.

The total contract value for the provision of equipment and services is US$8,208,000, exclusive of import duties and taxes. Payment shall be made as follows: (a) thirty percent (30%) of the purchase price as a down payment within three (3) days after buyer issues its purchase order, which shall be issued within five (5) business days after the effective date of the PSA; (b) the remaining seventy percent (70%) within five (5) business days after the Company’s written notice that the equipment is ready for shipment. The Company’s delivery obligation is subject to receipt of the down payment, the chip manufacturer’s approval and all export and import authorizations.

The foregoing summary of the PSA does not purport to be complete and is qualified in its entirety by reference to the full text of the PSA, a copy of which is filed as Exhibit 10.1 hereto and incorporated herein by reference.