Empery Digital entered into an Amended and Restated Limited Liability Company Agreement with TexStack to form EMHU, a joint venture to source and acquire powered land for AI and high-performance computing data centers. Empery contributed $2.9 million initially and committed an additional $62.1 million upon a contemplated property closing, while TexStack contributed $2.5 million and holds 75% of the common units as managing member. TexStack may make pro rata capital calls, and Empery guaranteed its subsidiary’s obligations. The partnership contemplates a $230 million property acquisition under review.
Agreement details:
- Agreement type: Amended and Restated Limited Liability Company Agreement for EMHU joint venture
- Counterparty: TexStack Infrastructure
- Signed / Effective: Jun 26 2026 / same
- Duration / Termination: At will
- Reason: Pursue AI and high-performance computing data center developments
Original SEC Filing:
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