Click to view the official SEC document.

Click to view the official SEC document.

Click to view the official SEC document.

Click to view the official SEC document.

Click to view the official SEC document.

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QumulusAI (Nasdaq: QMLS) expects its common stock to begin trading on the Nasdaq Global Market tomorrow, Thursday, July 16, 2026, via a direct listing under ticker symbol “QMLS.”The listing follows the U.S. Securities and Exchange Commission declaring QumulusAI’s Form S-1 registration statement effective on July 14, 2026. Chardan Capital Markets is serving as financial advisor. New investor materials, including an investor presentation on the company’s AI-focused neocloud infrastructure model, are available at investors.qumulusai.com.

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QumulusAI (QMLS) has completed deployment and customer handoff of NVIDIA B200 GPU capacity under its previously announced $71.9 million, three-year Blackwell agreement. The B200 capacity reached full handoff on September 8, 2026, and is now live, serving the customer’s AI inference workloads. NVIDIA B300 capacity tied to the same agreement remains in its final deployment stages, and this overall project ranks among the company’s largest customer commitments to reach live production capacity.

QumulusAI (QMLS) has completed deployment of NVIDIA Blackwell B300 GPU capacity at its Philadelphia colocation site, achieving full customer handoff on September 1, 2026 and activating a $18 million, two-year take-or-pay agreement.The agreement, originally announced on July 22, 2026, is with a GPU cloud marketplace that serves AI teams in more than 100 regions worldwide. The deployment covers the entire NVIDIA Blackwell B300 capacity contracted under the deal, which is now live and in production at QumulusAI’s Philadelphia facility.

Runpod will offer the 77 active nodes to customers for production AI inference and agentic workloads under one- and two-year reserved-capacity agreements.

The 10.57-acre site has operated since 2024, with 10 MW active for blockchain mining and hosting; the amendment also permits leasehold financing.

QumulusAI (Nasdaq: QMLS) reported Q2 2026 revenue of $6.7 million, up 118% year over year, with compute power revenue rising to $5.6 million or 84% of total. Gross profit increased to $4.5 million and gross margin expanded to 67%.The company posted an operating loss of $7.7 million and a net loss of $22.8 million, driven by a $19.2 million non‑cash loss on issuance of a convertible note. Adjusted EBITDA loss was $0.8 million. Deferred revenue rose $30.5 million in H1 2026, contributing to $22.3 million of operating cash flow. QumulusAI signed 21 new AI compute contracts with expected take‑or‑pay value of $169.7 million, bringing cumulative signed customer contract value to $282.5 million, and expanded its GPU fleet to 3,088 units and 8 MW of HPC capacity under lease.

QumulusAI, a neocloud infrastructure provider purpose-built for the AI computing era, today announced a seven-year colocation agreement for up to 3.75 MW of data center capacity in metropolitan Atlanta, together with a right of first offer on as much as 7 MW of additional contiguous capacity at the same site. The company has announced customer agreements...

QumulusAI will discuss results for the quarter ended June 30 on a 5 p.m. EDT webcast, with an archived replay available through investor relations.

QumulusAI (Nasdaq: QMLS) announced a GPU-as-a-Service agreement with global trading firm DRW to supply a dedicated NVIDIA Blackwell B300 cluster, delivered from QumulusAI’s U.S. data centers. The contract has an initial one-year term plus three one-year renewal options, allowing up to four years of service.The deal adds DRW as QumulusAI’s second financial-markets customer, following an August 7 agreement with an agentic hedge fund. According to QumulusAI, it has announced customer agreements valued at more than $246 million in aggregate since early June.