Alset AI Ventures (GPUSF) and FingerMotion (FNGR)/b) announced a non-binding memorandum of understanding dated September 2, 2026 among Lyken.AI, FingerMotion and BlueFlare to support an enterprise AI and high-performance computing infrastructure strategy.The framework positions Lyken.AI, 90.1%-owned by Alset AI, as the customer-facing demand and managed-services layer, matching its enterprise AI and HPC workload pipeline with potential behind-the-meter power capacity evaluated or developed under FingerMotion’s existing BlueFlare alliance, initially in Western Canada. FingerMotion is contemplated as project owner-operator and sponsor, while BlueFlare remains the primary development partner for site origination, power solutions, engineering, construction and operations.The MOU is explicitly non-binding, non-exclusive and does not guarantee capacity, funding, pricing, ownership, or development schedules. Any project commitments, capacity allocations or commercial rights would arise only under future definitive agreements evaluated on a project-by-project basis.

Alset AI Ventures (TSXV:GPUS, OTCQB:GPUSF) and FingerMotion (Nasdaq:FNGR) signed a share purchase agreement dated August 12, 2026, under which FingerMotion has agreed to acquire 99,000 common shares of Lyken AI Computing, equal to 9.9% of Lyken’s 1,000,000 outstanding shares before closing. The agreed US$500,000 share consideration implies an approximate US$5 million equity value for Lyken based on the transaction price.As consideration, FingerMotion will issue 1,674,480 FNGR shares to Alset, with no cash payment. Alset is expected to retain a 90.1% controlling interest in Lyken, and no Alset securities will be issued. The FingerMotion shares will be subject to a six‑month trading restriction.The transaction is arm’s length, with no finder’s fees, and remains subject to final acceptance by the TSX Venture Exchange. According to Alset, Lyken will continue operating independently, using its own revenues for growth, while FingerMotion becomes a strategic minority shareholder with exposure to Lyken’s AI and cloud compute ecosystem.