secwatch.observer — SEC 8-K summary
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Issuer:     T-REX Acquisition Corp. (TRXA)
CIK:        0001437750
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0001477932-25-001549
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

T-REX Acquisition Corp completes $500K asset purchase of Peak Digital crypto mining facility
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- Deal value $500,000; initial payments of $33K (Nov 2024) and $207K (Mar 2025); $260K balloon due in 90 days.
- Acquired turnkey crypto mining facility in Orofino, ID (~6,000 sq ft) with racks, cooling, and co-location tenants occupying 1/3 of rack space.
- T-REX plans to use remaining 2/3 rack space for proprietary Bitcoin mining, aiming to reduce electricity costs.
- CEO Frank Horkey funded the acquisition and working capital via three promissory notes totaling ~$312K (6%-12% interest).
- Expands into co-location hosting services; previously a customer, now a host, adding a new revenue vertical.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437750/000147793225001549/0001477932-25-001549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437750/000147793225001549/trxa_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-001549

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