GoodVision AI Inc. and Calisa Acquisition Corp. (NASDAQ: ALIS) have entered into a prepaid forward purchase agreement with Harraden Circle Investments, LLC. The deal covers up to 3 million ordinary shares of Calisa, representing an aggregate value of approximately $30 million.

The agreement is linked to the proposed business combination between GoodVision and Calisa, originally dated March 6, 2026. It aims to support the transaction’s capital structure and maximize funds retained at closing. The actual number of shares purchased depends on market conditions and does not guarantee fixed financing.

Strategic rationale and capital retention

David Wang, Chief Executive Officer of GoodVision AI, stated that the arrangement enhances financial flexibility for the combined entity. The primary objective is to mitigate the impact of potential shareholder redemptions by ensuring a portion of trust funds remains available post-closing.

The capital retained is intended to advance strategic growth priorities in the AI inference infrastructure market. Specific allocation plans include expanding compute infrastructure, developing AI Factories, and commercializing the Smart Routing Engine.

Revenue acceleration and growth metrics

GoodVision reports rapid revenue expansion as it transitions from early commercialization. Revenue grew from $3.64 million in fiscal 2024 to $7.74 million in fiscal 2025, marking a 113% year-over-year increase. Growth accelerated significantly in fiscal 2026.

The nine-month revenue figure for fiscal 2026 already exceeds three times the total revenue recorded for all of fiscal 2025. Third-quarter revenue alone accounted for more than half of the nine-month total.

What the numbers show

The divergence between the modest size of the forward purchase agreement ($30 million) and the company’s reported revenue trajectory ($24 million in nine months) highlights a critical dependency on external capital rather than internal cash generation. While revenue grew 398% year-over-year, the agreement’s structure suggests that without such financial engineering, redemption risks could severely deplete the trust account, limiting the capital available for the heavy infrastructure investments outlined in the use-of-proceeds section.

GoodVision AI has entered a strategic cooperation agreement with AI Storm Co., Ltd. to jointly develop and commercialize high-performance AI infrastructure in Japan. The partnership begins with the establishment of a flagship AI Factory in Fukushima, marking GoodVision’s entry into the Japanese market. The initial phase involves a 2 MW liquid-cooled deployment, supporting a cluster of 72 NVIDIA B300 servers with over 500 GPUs, designed to deliver enterprise-grade AI inference capacity. This facility is expected to be completed and operational within three months.

The collaboration combines GoodVision’s AI infrastructure integration capabilities with AI Storm’s local market presence and enterprise service expertise. The Fukushima site will serve as a core node in GoodVision’s global network expansion strategy. GoodVision’s platform includes vertically integrated solutions spanning GPU system integration, power provisioning, advanced liquid cooling, and ongoing operations. The company will also deploy its Smart Routing Engine software to optimize AI workflows across available models and computing resources.

Expansion Roadmap

The project targets a total installed AI compute capacity of 100 MW within the next three years, following a phased, capital-efficient model. The partners have already secured more than 50 potential sites across Tokyo and surrounding areas to support this expansion. Locating facilities near these hubs aims to reduce latency for inference workloads and secure power-ready real estate ahead of intensifying competition.

David Wang, CEO of GoodVision AI, stated that the partnership is an important step in scaling the company’s AI Factory platform in Japan. He emphasized that the combination of high-density, liquid-cooled computing and a modular deployment model positions the company to meet rising enterprise demand for dedicated AI inference capacity. The Fukushima AI Factory is expected to serve as a strategic foundation for future expansion and support recurring, infrastructure-based revenue.

The planned expansion to 100 MW is subject to factors including customer demand, power availability, equipment procurement, financing, and regulatory approvals. GoodVision AI has also entered into a Business Combination Agreement with Calisa Acquisition Corp (NASDAQ: ALIS), with the transaction expected to be consummated in the second half of 2026.