{"url_path":"/sec/aib/8-k/2026-06-01/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 ** **Entry into a Material Definitive Agreement.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/2070542/0001213900-26-063565-index.html","accession_number":"0001213900-26-063565","cik":"0002070542","ticker":"AIB","issuer_name":"AIB Data Centers Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2070542/0001213900-26-063565-index.html","primary_entity_key":"0002070542","primary_entity_name":"BlockchAIn Digital Infrastructure, Inc."},"word_count":394,"has_tables":true,"body_markdown":"**Item 1.01** **Entry into a Material Definitive Agreement.**\n\n* *\n\n*Electric Service Agreement*\n\nOn May 27, 2026, One Blockchain, LLC, a subsidiary\nof BlockchAIn Digital Infrastructure, Inc. (the “Company”) entered into a 15-year Electric Service Agreement (“Electric\nService Agreement”) with a local utility provider (the “Utility Company”). The Electric Service Agreement replaces the\nCompany’s existing electric service agreement with the Utility Company which expires on September 30, 2026. The services provided\nunder the Electric Service Agreement will commence on October 1, 2026 ensuring that there will not be a lapse in electric supply. Pursuant\nto the Electric Service Agreement, the Utility Company will sell and deliver up to 65,000 kilovolt-amperes of three-phase, 34,500-volt\nelectric power to the Company’s flagship data center campus, known as CLT01, with initial delivery targeted for December 15, 2026.\n\nThe Company is subject to a minimum monthly\ndemand charge of $400,000, with a deferral mechanism allowing $200,000 per month to accrue (without interest) before December 31, 2027,\nor until the Company’s demand first reaches 40,000 kilovolt-amperes, whichever occurs first. After that point, the full minimum\ncharge is payable monthly in cash.\n\nThe Electric Service Agreement is subject\nto the Utility Company’s Rate Schedule I (Industrial) and Service Regulations as filed with the relevant Public Service Commission,\nand may be updated by the Utility Company or applicable regulatory authority. The Company is required to provide a security deposit equal\nto two months of maximum estimated billing, which may be satisfied by cash, surety bond, or a letter of guarantee. Additionally, the Company\nmust prepay a $250,000 infrastructure early termination fee, which will be credited against power bills once service commences.\n\nEither party may terminate the Electric Service\nAgreement in accordance with the applicable Rate Schedule or by providing at least 60 days’ written notice prior to the end of the\noriginal or any renewal term. The Electric Service Agreement also contains customary force majeure provisions and operational requirements,\nand may be further amended to reflect any future provisions in the Utility Company’s power purchase agreements.\n\nThe foregoing description of the Electric Service\nAgreement does not purport to be complete and is qualified in its entirety by reference to the redacted text of the Electric Service Agreement,\na copy of which is filed (with certain portions redacted in accordance with Item 601(b)(10)(iv) of Regulation S-K as Exhibit 10.1 hereto\nand incorporated by reference herein."}