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BCS

Current Report · Items 1.02, 7.01, 9.01 · 8-K

PowerCompute, Inc.

PWCMNASDAQEQUITYCurrent

Termination of a Material Definitive Agreement · Regulation FD Disclosure

Item 1.02. Termination of a Material Definitive Agreement. On September 30, 2026, US Digital Mining Mississippi LLC (the "Subsidiary"), a wholly owned subsidiary of PowerCompute, Inc.…

Filed Oct 6, 2026Accepted Oct 6, 2026, 8:30 AM EDTCIK 1640384Accession 0001193125-26-414991
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Company context

PowerCompute, Inc. (Nasdaq: PWCM), formerly LM Funding America, Inc., is an owner and operator of electrical infrastructure that converts electricity into Bitcoin and high-performance computing and artificial intelligence capacity. Founded in 2008 and headquartered in Tampa, Florida, the Company operates 26 megawatts of interconnected electrical infrastructure across Bitcoin data center facilities in Oklahoma and Mississippi.

Current securities

Historical securities (2)

Recent company filings

  1. Results of Operations and Financial ConditionOct 8, 2026
  2. PRE 14A filingOct 5, 2026
  3. Results of Operations and Financial Condition · Regulation FD DisclosureSep 30, 2026
  4. Regulation FD DisclosureSep 23, 2026
  5. Results of Operations and Financial ConditionSep 9, 2026

Registered securities in this filing

POWERCOMPUTE, INC. · 8-K · Filed 2026-10-06

As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.

Common Stock par value $0.001 per share

Symbol
PWCM
Exchange
NASDAQ
Classification
COMMON
Status
Current
Filing context

Context: C_7248fcb7-d4df-483e-93dc-157a7aecb95b

Dimensions: Not supplied

Accession 000119312526414991 · 1 registered-security cover member

Read the exact SEC filing ↗

Disclosure sections

Items 1.02, 7.01, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 1.02Item 1.02 - Termination of Material Agreement
Item 1.02. Termination of a Material Definitive Agreement. On September 30, 2026, US Digital Mining Mississippi LLC (the "Subsidiary"), a wholly owned subsidiary of PowerCompute, Inc. (the “Company”), entered into an Industrial Power Contract (the "Power Contract") with Columbus Light and Water ("CLW") for the supply of up to 11,000 kilowatts of firm power to the Subsidiary's data center in Columbus, Mississippi (the "Facility"). The Power Contract replaces the Subsidiary's prior power contract with CLW for the Facility and has an initial term ending September 16, 2030, with a five-year renewal if both parties agree. Power is priced under CLW's Large Data Service Rate, Schedule DCB, subject to scheduled rate increases and periodic adjustment by the Tennessee Valley Authority. The Subsidiary's share of capital costs for CLW's facilities is estimated at $0. The Power Contract also contains various other customary terms and conditions, including termination, early termination penalty, default, and limitation of liability provisions There is no material relationship between the Company or its affiliates and CLW, other than in respect of the Power Contract and the prior power contract. The foregoing description of the Power Contract does not purport to be complete and is qualified in its entirety by reference to the full text of the Power Contract, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On October 6, 2026, the Company issued a press release relating to the Power Contract. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated by reference. The disclosure in this Item 7.01, including Exhibit 99.1, is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liability under that Section. This information will not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent that the Company specifically incorporates it by reference.
Filed exhibits (1)
EX-99.1 (by filename) lmfa-ex99_1.htm

PowerCompute Increases Contracted Power at Mississippi Site to 11 Megawatts Under TVA's New Data Center Tariff PWCM not subject to TVA new tariffs of approximately $1.5 million per megawatt for new and expanded data center load above the first five megawatts Columbus Light and Water returns $300,000 deposit and requires no capital contribution from PowerCompute for the increase TAMPA, Fla., October 6, 2026 - PowerCompute, Inc. (Nasdaq: PWCM) (“PowerCompute”) or the (“Company”) today announced that its subsidiary US Digital Mining Mississippi LLC executed a power contract with Columbus Light and Water (“Columbus Power”) on September 30, 2026 that increases contracted power demand at the Company's Columbus, Mississippi site from 8.5 megawatts to 11 megawatts. The new contract took effect on October 1, 2026 and moved the site from the Tennessee Valley Authority (“TVA”) Manufacturing Service Rate, Schedule MSB, the general industrial rate class from which TVA removed data center load to Columbus Power’s Large Data Service Rate, Schedule DCB, which is the tariff adopted to implement the TVA’s new data center rate. The Company continues to take power at the site without interruption.…

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