secwatch.observer — SEC 8-K summary
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Issuer:     BLUSKY AI INC. (BSAI)
CIK:        0001416090
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001493152-25-014760
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BluSky AI signs LOI to lease 16,000 sq ft in Nephi, Utah for modular AI data center expansion
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- Non-binding LOI with TNT Land and Holdings LLC for ~16,000 sq ft pad (100x150 ft) on Juab County parcels.
- Base lease $4k/month escalating to $28k/month upon full activation of 4 MW; 10-year term with two 5-year options, 2% annual escalation, NNN.
- 120-day inspection period for BluSky to evaluate site conditions and utility readiness.
- BluSky responsible for all site modifications, power upgrades, and activation costs; termination if module installation not commenced within 12 months.
- Site located at 1358 N 200 W, Nephi, Utah with additional acreage available for expanded capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1416090/000149315225014760/0001493152-25-014760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1416090/000149315225014760/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-014760

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