Mergers & AcquisitionsMedium•29 September 2026•
1 min read
Exascale Labs Debuts on Nasdaq Following SPAC Merger
Key Facts
1Exascale Labs Holdings began trading on Nasdaq under the ticker XLAB after completing its merger with D. Boral ARC Acquisition I Corp.
2The company faces financial challenges including widening losses and an accumulated deficit, with no revenue yet generated from its modular data centers.
Exascale Labs Holdings began trading on Nasdaq under the ticker XLAB after completing its merger with D. Boral ARC Acquisition I Corp. Minichart reported that the listing follows the completion of the business combination intended to provide the AI infrastructure firm with public market access.
The company faces financial challenges including widening losses and an accumulated deficit, with no revenue yet generated from its modular data centers. XLAB closed at $2.4 on September 28, 2026, having traded between a day low of $2.01 and a high of $2.5 during the session.