BUUU Group signs deal to buy 60% stake in modular data center firm Brightray Science

• BUUU agreed to acquire a 60% stake in Brightray Science, a prefabricated modular data center solutions provider.
• Consideration includes newly issued BUUU Class A shares priced at USD 20 per share.
• Sellers also receive a promissory note convertible into up to 10,000,000 BUUU shares, subject to performance adjustments and a 19.99% cap.
• BUUU holds a call option to buy the remaining 40% within three years of closing; Brightray founder Bin Wang to join as co-CEO.
• Concurrent private placements, including potential warrant exercises at USD 10 per share, target more than USD 60 million for capacity expansion, working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BUUU Group Limited published the original content used to generate this news brief via CNW (Ref. ID: 202609030919CANADANWCANADAPR_C5002) on September 03, 2026, and is solely responsible for the information contained therein.