Digi Power X prices 4.8M shares at $3.12 in registered direct offering

Digi Power X (DGXX) entered into a definitive securities purchase agreement for the sale of 4,807,693 shares of common stock at an offering price of $3.12 per share to a single new fundamental institutional investor, pursuant to a registered direct offering, resulting in gross proceeds of approximately $15M before deducting placement agent fees and other expenses payable by the Company. The offering was to a single new fundamental institutional investor, underscoring a growing interest in DGXX’s scalable AI infrastructure strategy, including its proprietary ARMS 200 Tier 3 modular data center platform and NeoCloud GPU-as-a-Service infrastructure. Immediately following the closing of the transaction, DGXX will hold over $30M in cash and cash equivalents, with zero long-term debt on its balance sheet. Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.