Digihost Technology (TSE:DGHI) has released an update.
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Digihost Technology Inc. has announced a private placement with institutional investors to raise US$4 million, involving the sale of over 3.6 million units at a 9% premium to recent Nasdaq closing prices. The funding is intended for infrastructure expansion and working capital, with the deal expected to close by August 9, 2024, pending regulatory approvals.
For further insights into TSE:DGHI stock, check out TipRanks’ Stock Analysis page.