MoU with New Mining Co. ("New Mining"), a Miami-headquartered provider of high-density digital infrastructure and computing hosting services, to evaluate the technical and structural feasibility of deploying Nuclea’s modular reactor technology to serve New Mining’s behind-the-meter power needs.

"High-density computing infrastructure is precisely the kind of behind-the-meter application our technology is engineered for, and this collaboration enables us to evaluate that fit rigorously alongside a partner who understands large-scale, mission-critical power demand. The phased approach outlined in this MOU reflects how we like to work: start with a clear-eyed technical assessment of an operator’s actual load profile, and let the data determine whether our technology is the right fit before either side commits to anything further. We look forward to working closely with the New Mining team throughout this evaluation," said Josef Freundorfer, CEO of Nuclea.

The MOU establishes a collaborative framework under which the parties will assess co-locating advanced modular power units utilizing Nuclea’s proprietary technology at or adjacent to New Mining’s data center facilities. The evaluation is structured in two phases aligned with New Mining’s electrical load profile: an initial phase focused on engineering scoping for New Mining’s current approximately 30 MWe of operational data center load, followed by a scalability phase evaluating modular expansion toward a cumulative capacity of up to 100 MWe as New Mining’s infrastructure grows.

New Mining CEO, Denis Slabakov, added, "As our infrastructure continues to scale, exploring reliable, carbon-free, behind-the-meter power options is a natural next step for our operations. Bitcoin mining is an energy-intensive business, and access to stable, competitively priced power has always been central to how we compete. We look forward to working with the Nuclea team to evaluate whether their modular reactor technology can support that goal over the long term."

The MOU is non-binding and does not constitute a power purchase agreement, virtual power purchase agreement, energy offtake contract, or any commitment to supply power or otherwise. Nuclea will not act as the operator of any nuclear equipment; the ultimate generation and delivery of power, if the parties determine to proceed, would be handled by a qualified third-party utility or specialized nuclear operating company to be separately identified and contracted. Under the MOU, Nuclea will provide technical advisory services, including engineering specifications for its modular reactor designs, architectural planning for behind-the-meter microgrid integration, and initial regulatory and zoning pre-application strategy, while New Mining will provide site, engineering and power-usage data, in both instances, to support the feasibility evaluation.

"This latest MOU further highlights the momentum our merger partner continues to build and reinforces the strategic rationale for the business combination we announced last week," said Jacob Cohen, Chief Executive Officer of Mangoceuticals. "Nuclea’s work with New Mining to evaluate behind-the-meter modular reactor solutions for high-density computing needs advances the Morpheus microreactor toward practical commercial applications. We remain focused on completing the transaction and delivering long-term value for our shareholders."

This agreement reflects Nuclea’s continued progress in building the partnerships needed to advance research, testing, demonstration and commercial deployment of the Morpheus microreactor, showcasing the innovative capabilities and inherent safety features of its compact lead-cooled reactor technology.

Recent Corporate Milestone: Definitive Business Combination Agreement

The signing of this MOU follows Mango and Nuclea’s announcement on July 30, 2026, that they have entered into a definitive business combination agreement (the "Business Combination Agreement").

The proposed transaction is intended to provide Nuclea with a path to a Nasdaq public listing, broadening its access to the capital markets to fund the continued development, licensing, and commercialization of the Morpheus microreactor at a time when demand for consistent baseload electricity is accelerating.

Completion of the business combination remains subject to customary closing conditions, including the receipt of required stockholder and regulatory approvals.