secwatch.observer — SEC 8-K summary
======================================

Issuer:     Big Digital Energy, Inc. (BGDE)
CIK:        0001218683
Form:       8-K
Filed at:   2026-05-01T23:59:59+00:00
Accession:  0001213900-26-050704
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Big Digital Energy signs colocation agreement with insider affiliate for 75MW and 25k miners
--------------------------------------------------------------------------------

- Endeavor affiliate (owned by CEO, Exec Chair, COO) will deliver 25,000 s19xp miners; Big Digital provides 75MW at Midland, PA.
- 50/50 profit split: Big Digital receives all cash proceeds; Endeavor gets shares (20%) and warrants (80%) at $20 strike.
- Shares issued based on 30-day VWAP ($4.94 reference); warrants have five-year term and $20 exercise price.
- Agreement has 12-month term, can be terminated on 30 days' notice; transaction approved by independent Audit Committee.
- Management expects near-term revenue and cash-flow boost without deploying capital or incurring liabilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1218683/000121390026050704/0001213900-26-050704-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1218683/000121390026050704/ea0288709-8k_bigdigital.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-050704

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