Item 1.01 Entry into a Material Definitive Agreement. On September 30, 2026, Boost Run LLC (“Boost Run”), a wholly owned subsidiary of Boost Run Inc. (the “Company”), entered into a Service Agreement (together with the order form thereunder, the “Agreement”) with Cohere Inc (“Cohere”), pursuant to which Boost Run will provide Cohere with access to dedicated GPU cloud computing infrastructure and related services.…
Filed Oct 6, 2026Accepted Oct 6, 2026, 8:00 AM EDTCIK 2090646Accession 0001493152-26-045861
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01
Entry into a Material Definitive Agreement.
On
September 30, 2026, Boost Run LLC (“Boost Run”), a wholly owned subsidiary of Boost Run Inc. (the “Company”),
entered into a Service Agreement (together with the order form thereunder, the “Agreement”) with Cohere Inc (“Cohere”),
pursuant to which Boost Run will provide Cohere with access to dedicated GPU cloud computing infrastructure and related services. The
term for each rack of infrastructure delivered under the Agreement is approximately five years, commencing upon Cohere’s acceptance
of that rack. Acceptance of the initial infrastructure is currently expected to begin in the second quarter of 2027. Subject to the satisfaction
of delivery and acceptance requirements and any termination described below, Cohere has committed to pay Boost Run approximately $525.6
million over the term of the Agreement, a portion of which is payable as a prepayment.
The
Agreement will remain in place until the expiration or earlier termination of all orders thereunder and does not automatically renew.
Either party may terminate the Agreement for cause and Cohere may also terminate in certain other circumstances specified in the Agreement.
In addition, if a specified minimum amount of infrastructure has not been accepted by July 15, 2027, Cohere may terminate the Agreement
and receive a refund of all amounts prepaid, and if such minimum amount has been accepted, Cohere may terminate the order with respect
to any infrastructure not accepted by that date and receive a refund of the related prepaid amounts. The Company has guaranteed Boost
Run’s obligation to pay any refund of prepaid amounts under the Agreement, up to the amount of the prepayment received by Boost
Run and not applied against fees. The Agreement contains customary provisions regarding representations and warranties, indemnification,
and limitations on liabilities.
The
foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text
of the Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Cautionary
Statement Regarding Forward-Looking Statements
This
Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact contained herein are forward-looking statements. Forward-looking statements
generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “plan,”
“predict,” “potential,” “seem,” “seek,” “future,” “outlook” or
the negative of these terms, or other similar expressions that predict or indicate future events or trends or that are not statements
of historical matters. These forward-looking statements include, but are not limited to, statements regarding the anticipated timing
of the delivery of infrastructure and commencement of services under the Agreement, future payments expected to be received under the
Agreement, the benefits of the Agreement, and the Company’s business, results of operations, and financial position. These statements
are based on various assumptions, whether or not identified herein, and on the current expectations of the Company’s management
and are not predictions of actual performance. There may be additional risks that the Company does not presently know or that the Company
currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.
In addition, forward-looking statements reflect the Company’s expectations, plans, or forecasts of future events and views as of
the date hereof. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while
the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any
obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s assessments as of
any date subsequent to the date of this Current Report on Form 8-K.