v3.26.1
Subsequent Events
3 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

18. SUBSEQUENT EVENTS

 

In July 2026, Green Energy signed an operating agreement with Constant Energy Construction Corp. (“CECC”) and jointly established Nebula Matrix AI LLC (“NMA LLC”). Pursuant to the operating agreement, all ownership interests of the NMA LLC, including, without limitation, (i) economic interest and (ii) voting interest, are evidenced by membership units. Green Energy holds 90 membership units (constituting 90% of the total 100 membership units), entitling it to 90% economic and voting interests in NMA LLC, while CECC holds the remaining 10 membership units with the corresponding 10% economic and voting interests. NMA LLC will serve as the core platform through which the two companies develop, invest in, construct and operate AI data centers and digital infrastructure projects in the United States. NMA LLC intends to pursue AI data center projects covering site selection, power procurement, engineering-procurement-construction (“EPC”), project financing and long-term operation. As of the filing date of these unaudited condensed consolidated financial statements, specific project locations, capital contribution amounts, ownership percentages, project timelines and power capacity metrics have not been finalized. All contemplated projects are subject to completion of due diligence, availability of financing, and satisfaction of applicable regulatory and permitting requirements.

 

On August 6, 2026, the Company filed a Certificate of Change pursuant to NRS 78.209 with the Secretary of State of the State of Nevada, which became effective on August 6, 2026. Upon effectiveness, total authorized shares of the Company were increased to 550,000,000 shares, consisting of 500,000,000 Common Stock, par value $0.0001 per share; and 50,000,000 preferred stock, par value $0.0001 per share.

 

The Company evaluated all events and transactions that occurred after June 30, 2026 up through the date the Company filed these unaudited condensed consolidated financial statements. Other than the event disclosed above, there was no other subsequent event occurred that would require recognition or disclosure in the unaudited condensed consolidated financial statements.