{"filing":{"accession_number":"0001213900-26-087323","cik":"0001847075","ticker":"SAIHW","company_name":"SAIHEAT Ltd","form":"6-K","filing_date":"2026-08-10","report_date":"2026-08-10","primary_document":"ea0301306-6k_saiheat.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1847075/000121390026087323/ea0301306-6k_saiheat.htm"},"events":[{"id":26701,"run_id":24275,"accession_number":"0001213900-26-087323","anchor_item_number":"EX-99.1","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"summary":"SAIHEAT has entered into a definitive merger agreement with Canopy Wave, Inc., dated August 10, 2026, whereby Canopy Wave will become a wholly-owned subsidiary and the combined company will be renamed \"Canopy Wave Holdings Inc.\" and trade under ticker \"CWAV.\" This is a material acquisition/merger transaction with clear strategic rationale (pivoting into AI inference infrastructure), specified valuations ($60M for Canopy Wave, $40M for SAIHEAT), and defined ownership structure (former Canopy Wave shareholders owning ~54% economic and ~78% voting interests post-closing). The transaction is subject to customary closing conditions including shareholder approval and Nasdaq listing approval, with expected closing by end of 2026.","company_name":"SAIHEAT Ltd","ticker":"SAIHW","filing_date":"2026-08-10","form":"6-K","submitted_at":null,"items":[{"id":27916,"accession_number":"0001213900-26-087323","item_number":"EX-99.1","item_title":"ea030130601ex99-1.htm","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"SAIHEAT has entered into a definitive merger agreement with Canopy Wave, Inc., dated August 10, 2026, whereby Canopy Wave will become a wholly-owned subsidiary and the combined company will be renamed \"Canopy Wave Holdings Inc.\" and trade under ticker \"CWAV.\" This is a material acquisition/merger transaction with clear strategic rationale (pivoting into AI inference infrastructure), specified valuations ($60M for Canopy Wave, $40M for SAIHEAT), and defined ownership structure (former Canopy Wave shareholders owning ~54% economic and ~78% voting interests post-closing). The transaction is subject to customary closing conditions including shareholder approval and Nasdaq listing approval, with expected closing by end of 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-11T00:00:52.966515+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":27916,"accession_number":"0001213900-26-087323","item_number":"EX-99.1","item_title":"ea030130601ex99-1.htm","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"SAIHEAT has entered into a definitive merger agreement with Canopy Wave, Inc., dated August 10, 2026, whereby Canopy Wave will become a wholly-owned subsidiary and the combined company will be renamed \"Canopy Wave Holdings Inc.\" and trade under ticker \"CWAV.\" This is a material acquisition/merger transaction with clear strategic rationale (pivoting into AI inference infrastructure), specified valuations ($60M for Canopy Wave, $40M for SAIHEAT), and defined ownership structure (former Canopy Wave shareholders owning ~54% economic and ~78% voting interests post-closing). The transaction is subject to customary closing conditions including shareholder approval and Nasdaq listing approval, with expected closing by end of 2026.","classifier_version":"claude-haiku-4-5-20251001+prompt-6be895f9","taxonomy_version":"v1.3","classified_at":"2026-08-11T00:00:52.966515+00:00","company_name":"SAIHEAT Ltd","ticker":"SAIHW","filing_date":"2026-08-10"}]}
