Current Report · Items 1.01, 7.01, 9.01 · 8-K
Palomino Laboratories Inc.
PALXOTCEQUITYCurrent
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Item 1.01 Entry into a Material Definitive Agreement. On July 14, 2026, Palomino Laboratories Inc., a Delaware corporation (the “Company”), entered into a binding letter of intent (this “Binding Letter of Intent”) with Vega Links, Inc.…
Filed Jul 16, 2026Accepted Jul 16, 2026, 3:56 PM EDTCIK 1938569Accession 0001493152-26-033505
Company context
Palomino is a fabless semiconductor company pioneering the next generation of high-performance microLED-based optoelectronic solutions for data communication. Its mission is to enable ultra-high-speed, energy-efficient optical interconnects that replace legacy copper-based PCIe and Ethernet links in compute-intensive environments. Palomino is commercializing a breakthrough platform built on advanced gallium nitride (GaN) compound semiconductor materials. This proprietary technology enables scalable and cost-efficient manufacturing of ultra-compact, high-speed optical transceivers, with significant improvements in power, size, and bandwidth density over traditional laser-based solutions. Palomino’s differentiated value proposition lies in leveraging high-efficiency microLEDs as optical sources in transceiver modules that can be seamlessly integrated into silicon packages or interposers. This approach unlocks the potential for high-density, chip-scale optical I/O—fundamentally reshaping the future of data movement in AI servers, data centers, and high-performance computing systems.
Current securities
Disclosure sections
Items 1.01, 7.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.01Item 1.01 - Entry into Material Agreement
Item
1.01 Entry into a Material Definitive Agreement.
On July 14, 2026, Palomino Laboratories Inc., a Delaware
corporation (the “Company”), entered into a binding letter of intent (this “Binding Letter of Intent”)
with Vega Links, Inc. (“Vega”), a Delaware corporation engaged in the development and expansion of high-speed
interconnect infrastructure critical to the advancement of artificial intelligence, with a focus on overcoming existing limitations
in bandwidth capacity and transmission reach.
The
Binding Letter of Intent establishes a framework pursuant to which the Company intends to acquire all of the issued and outstanding shares
of capital stock of Vega (the “ Acquisition ”). The Binding Letter of Intent provides for an exclusivity period through
September 30, 2026, during which the parties will conduct due diligence and negotiate definitive agreements. The transaction contemplates
the exchange of 4,472,000 shares of the Company’s common stock, par value $0.0001 per share, for all of the issued and
outstanding equity interests of Vega, representing 11,180,000 shares of common stock, par value $0.0001 per share and reflecting
an exchange ratio of 1:2.5.
The
Binding Letter of Intent is binding with respect to its provisions, including exclusivity through September 30, 2026, conduct of business
restrictions on Vega, confidentiality, standstill obligations, due diligence cooperation and certain other customary provisions. The
final acquisition, including the total consideration payable to Vega, representations and warranties, indemnification provisions and
other material terms remain subject to due diligence, negotiation and execution of definitive agreements, and other applicable corporate,
legal, accounting and securities compliance considerations. There can be no assurance that the parties will enter into definitive agreements
or that any proposed transaction will be completed.
The
foregoing description of the Binding Letter of Intent does not purport to be complete and is qualified in its entirety by reference to
the full text of the Binding Letter of Intent, 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
July 16, 2026, the Company issued a press release announcing its entry into a Binding Letter of Intent with Vega for the acquisition
of all outstanding shares of Vega.
A
copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The
information contained in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference into
any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing,
except as expressly set forth by specific reference in such filing.
Filed exhibits (1)
EX-99.1 (by filename) ex99-1.htmEX-99.1
3
ex99-1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Palomino
Laboratories Announces Binding LOI to Acquire Vega Links Inc. to Create a Next-Generation AI Interconnect Company
Transaction Highlights:
(i) Transforms Palomino beyond MicroLED optical interconnects into a comprehensive AI interconnect company
spanning copper, MicroVCSEL and MicroLED data communication solutions;
(ii) Expand
Palomino’s estimated addressable market by 10x—from approximately $6 billion
to more than $60 billion; and
(iii) Expands
Palomino’s engineering team and product development capabilities to deploy differentiated
silicon and gallium nitride (GaN) integrated circuit solutions for AI data centers, robotics and space applications.
GOLETA,
Calif., July 16, 2026 - Palomino Laboratories, Inc. (OTCQB: PALX) (‘Palomino’ or the ‘Company’) today announced
that it has signed a binding Letter of Intent (LOI) to acquire Vega Links Inc. in an all-stock transaction, subject to customary closing
conditions.
Artificial
intelligence (AI) infrastructure is undergoing one of the most significant architectural tra…
Open exhibit ↗