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ComputeDeal

Empery Digital commits $62.1 million more to EMHU upon closing of the Akron property acquisition

VEPS made an initial $2.9 million capital contribution for 25% of EMHU's common units. TexStack holds the remaining 75% and contributed $2.5 million initially.

Size
$62.1 mn
Place
Akron, Ohio
Companies
EMHU LLC, Empery Digital Inc., TexStack Infrastructure, LLC, Volcon ePowersports LLC
Source
Empery Digital Inc. 10-Q, filed Nov 6, 2026
Published here

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Compute Deal

EMHU LLC agrees to buy equity of Akron, Ohio property for approximately $230.0 million, to become an AI data center

$230 mn

EMHU entered the Property PSA on June 29, 2026 to buy 100% of the equity of the fee simple title holder. The tenant is to convert the property into an AI data center at its own expense. Closing is subject to conditions, and the PSA was amended on November 4, 2026 to extend the closing.

Cardinal Power LLCEMHU LLCHunt PropertiesTexStack Infrastructure, LLC Source: Empery Digital Inc. 10-Q, filed Nov 6, 2026