BUUU Group Limited (Nasdaq: BUUU) has entered a definitive agreement to acquire a 60% equity interest in Brightray Science Inc., a provider of integrated prefabricated modular data-center solutions. Brightray will become a consolidated subsidiary after closing, while its sellers will retain 40% and BUUU will hold a call option over the remaining interest for three years. The consideration comprises newly issued BUUU Class A Ordinary Shares priced at US$20.00 each and a promissory note convertible into up to 10 million BUUU shares, subject to adjustment based on Brightray’s audited annual net income and a 19.99% beneficial-ownership cap. BUUU plans to relocate its headquarters to Singapore, and Mr. Bin Wang, Brightray’s founder, will join as Executive Director and Co-Chief Executive Officer. The transaction requires customary closing conditions and regulatory approvals. Brightray says more than 90% of a facility can be built and tested in a factory, reducing delivery timelines from 18–36 months to six to nine months. Its 126,000-square-meter ISO-certified manufacturing base has annual capacity of 300MW. Its 120MW Sedenak Tech Park campus in Johor, Malaysia, has 70MW operating for leading internet and cloud customers, with the first 20MW completed in eight months and another 50MW scheduled. Management targets roughly 1GW of deliveries over the next three fiscal years and expects the pipeline to reach approximately 2GW, representing about US$9 billion in potential contract value across Malaysia, Indonesia, Saudi Arabia, the UAE and the United States, subject to final agreements. BUUU also signed private-placement agreements that, together with potential cash exercise of outstanding warrants at US$10.00 per share, are expected to generate more than US$60 million in gross proceeds for capacity expansion and working capital. The company said the financing is signed but not completed, and the acquisition, pipeline, delivery targets, qualification plans and headquarters move remain subject to stated conditions and risks.