secwatch.observer — SEC 8-K summary
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Issuer:     Nature's Miracle Holding Inc. (NMHI)
CIK:        0001947861
Form:       8-K
Filed at:   2024-11-27T23:59:59+00:00
Accession:  0001213900-24-103439
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nature's Miracle subsidiary to acquire 51% stake in Future Tech for $3M for data center and vertical farm
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- NM Data invests up to $3M ($200K initial + $2.8M in 12 months) for 51% of Future Tech.
- Funds to build a 50MW high density data center and vertical farming facility in Stryker, Ohio.
- NM Data gets majority of board seats and right to designate Future Tech's CEO and CFO.
- Closing requires Future Tech to sign a 50MW electricity purchase agreement at ≤$0.06/kWh and a 10-year lease with purchase option.
- NM Data has option to buy remaining 49% at 10x earnings once the data center and vertical farm are operational.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1947861/000121390024103439/0001213900-24-103439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1947861/000121390024103439/ea0222814-8k_natures.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-103439

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer