UNITED STATES
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FORM
CURRENT REPORT
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Item 7.01 Regulation FD Disclosure.
On July 8, 2025, the Company issued a press release regarding the execution of a new Acquisition and Power Assignment Agreement and Ground Lease with Option to Purchase. A copy of the press release issued by the Company is attached as Exhibit 99.1 to this Current Report on Form 8-K, which is incorporated by reference solely for purposes of this Item 7.01 disclosure.
Exhibit 99.1 contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking statements.
The information set forth under this Item 7.01, including Exhibit 99.1 is being furnished and, as a result, such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Exhibits
99.1 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLUSKY AI, INC. | |
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Date: July 8, 2025 | By: | /s/ Trent D’Ambrosio |
| Name: | Trent D’Ambrosio |
| Title: | Chief Executive Officer |
FOR IMMEDIATE RELEASE
BluSky AI Inc. Secures First Site with 9.3MW to Launch Flagship Data Center in Central, Utah
Salt Lake City, Utah — July 8, 2025 — BluSky AI Inc. (OTC: BSAI), (“BluSky” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.
On June 30, 2025, BluSky entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky’s long-term operations at the Milford site.
In consideration for the power rights, BluSky issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.
Simultaneously, BluSky executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.
With this dual milestone, BluSky now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.
“This is a foundational moment for BluSky,” said Trent D'Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”
Trent D’Ambrosio
CEO, BluSky AI Inc.
[email protected]
www.bluskyaidatacenters.com
About BluSky AI Inc.
Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small,
mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.
Forward-Looking Statements:
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.
BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.