Digi Power X Announces $15 Million Registered Direct Offering of Common Stock
Digi Power X (NASDAQ: DGXX) has secured a $15 million registered direct offering through the sale of 4,807,693 shares of common stock at $3.12 per share to a single new fundamental institutional investor. The transaction, expected to close around July 22, 2025, will strengthen the company's cash position to over $30 million with zero long-term debt.
The proceeds will support the expansion of NeoCloud Tier 3 AI infrastructure powered by NVIDIA B200 and B300 chips, accelerate ARMS 200 pods manufacturing, execute strategic joint ventures, and support operating runway. Titan Partners Group, a division of American Capital Partners, is serving as the sole placement agent for this offering.
Digi Power X (NASDAQ: DGXX) ha ottenuto un offerta diretta registrata da 15 milioni di dollari attraverso la vendita di 4.807.693 azioni ordinarie a 3,12 dollari per azione a un unico nuovo investitore istituzionale fondamentale. La transazione, prevista per la chiusura intorno al 22 luglio 2025, rafforzerà la posizione di liquidità dell'azienda portandola a oltre 30 milioni di dollari senza debiti a lungo termine.
I proventi sosterranno l'espansione dell'infrastruttura NeoCloud Tier 3 AI alimentata dai chip NVIDIA B200 e B300, accelereranno la produzione dei pod ARMS 200, permetteranno l'esecuzione di joint venture strategiche e supporteranno il capitale operativo. Titan Partners Group, una divisione di American Capital Partners, agisce come unico agente di collocamento per questa offerta.
Digi Power X (NASDAQ: DGXX) ha asegurado una oferta directa registrada de 15 millones de dólares mediante la venta de 4.807.693 acciones comunes a 3,12 dólares por acción a un único nuevo inversor institucional fundamental. La transacción, que se espera cerrar alrededor del 22 de julio de 2025, fortalecerá la posición de efectivo de la empresa a más de 30 millones de dólares sin deuda a largo plazo.
Los ingresos apoyarán la expansión de la infraestructura NeoCloud Tier 3 AI impulsada por los chips NVIDIA B200 y B300, acelerarán la fabricación de los pods ARMS 200, ejecutarán empresas conjuntas estratégicas y respaldarán la operatividad. Titan Partners Group, una división de American Capital Partners, actúa como único agente colocador para esta oferta.
Digi Power X (NASDAQ: DGXX)는 단일 신규 주요 기관 투자자에게 보통주 4,807,693주를 주당 3.12달러에 판매하여 1,500만 달러 규모의 등록 직접 공모를 확보했습니다. 이 거래는 2025년 7월 22일경 마감될 예정이며, 회사의 현금 보유액을 3,000만 달러 이상으로 늘리고 장기 부채는 전혀 없는 상태로 강화할 것입니다.
이번 자금은 NVIDIA B200 및 B300 칩으로 구동되는 NeoCloud Tier 3 AI 인프라 확장, ARMS 200 팟 생산 가속화, 전략적 합작 투자 실행 및 운영 자금 지원에 사용될 예정입니다. American Capital Partners의 한 부서인 Titan Partners Group이 이번 공모의 단독 배정 대행사로 활동하고 있습니다.
Digi Power X (NASDAQ : DGXX) a sécurisé une offre directe enregistrée de 15 millions de dollars grâce à la vente de 4 807 693 actions ordinaires à 3,12 dollars par action à un nouvel investisseur institutionnel fondamental unique. La transaction, dont la clôture est prévue vers le 22 juillet 2025, renforcera la trésorerie de la société à plus de 30 millions de dollars sans dette à long terme.
Les fonds permettront de soutenir l'expansion de l'infrastructure NeoCloud Tier 3 IA alimentée par les puces NVIDIA B200 et B300, d'accélérer la fabrication des pods ARMS 200, de réaliser des coentreprises stratégiques et de soutenir la trésorerie opérationnelle. Titan Partners Group, une division d'American Capital Partners, agit en tant qu'agent de placement unique pour cette offre.
Digi Power X (NASDAQ: DGXX) hat eine registrierte Direktplatzierung in Höhe von 15 Millionen US-Dollar durch den Verkauf von 4.807.693 Stammaktien zu je 3,12 US-Dollar an einen einzelnen neuen institutionellen Kerninvestor gesichert. Die Transaktion, die voraussichtlich um den 22. Juli 2025 abgeschlossen wird, stärkt die Liquiditätsposition des Unternehmens auf über 30 Millionen US-Dollar ohne langfristige Schulden.
Die Erlöse werden die Erweiterung der NeoCloud Tier 3 KI-Infrastruktur mit NVIDIA B200- und B300-Chips unterstützen, die Fertigung der ARMS 200 Pods beschleunigen, strategische Joint Ventures umsetzen und die operative Laufzeit sichern. Titan Partners Group, eine Sparte von American Capital Partners, fungiert als alleiniger Platzierungsagent für dieses Angebot.
- Cash position strengthened to over $30 million with zero long-term debt
- Strategic investment from a new fundamental institutional investor validates business model
- Proceeds will fund expansion of AI infrastructure and NVIDIA-powered operations
- Company transitioning from deployment to monetization phase
- Offering price of $3.12 per share may represent dilution for existing shareholders
- Significant share issuance of 4.8 million new shares impacts existing stockholders
- Transaction subject to TSX Venture Exchange approval and closing conditions
Insights
$15M equity raise strengthens DGXX's balance sheet to $30M cash with zero debt, funding AI infrastructure expansion.
Digi Power X's
The transaction signals strong institutional confidence in DGXX's AI infrastructure strategy, particularly their proprietary ARMS 200 Tier 3 modular data centers and NeoCloud GPU-as-a-Service offerings. The
Management's stated deployment priorities—expanding NeoCloud Tier 3 AI infrastructure with NVIDIA B200/B300 chips, accelerating ARMS 200 pods manufacturing, and executing strategic joint ventures—align with high-growth segments of the AI infrastructure market. The timing coincides with their transition from infrastructure deployment to revenue generation, suggesting the capital will support scaling operations as monetization begins.
The company's debt-free position with substantial cash reserves creates a strong foundation for executing their growth strategy while providing runway to achieve positive cash flow. This transaction significantly de-risks their near-term operations and provides flexibility to pursue strategic opportunities without financing constraints.
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated May 30, 2025 to its short form base shelf prospectus dated May 15, 2025.
- The offering was to a single new fundamental institutional investor
- Cash position is now over U.S.
$30 million with no debt
MIAMI, July 21, 2025 (GLOBE NEWSWIRE) -- Digi Power X Inc. (“DGXX” or the “Company”) (Nasdaq: DGXX / TSXV: DGX), a vertically integrated AI and digital infrastructure company, today announced that it has entered into a definitive securities purchase agreement for the sale of 4,807,693 shares of common stock (or pre-funded warrants in lieu thereof) at an offering price of U.S.
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 U.S.
Titan Partners Group, a division of American Capital Partners, is acting as the sole placement agent for the offering.
“This financing solidifies DGXX’s capital position as we transition from deployment to monetization,” said Michel Amar, Chief Executive Officer of DGXX. “With a balance sheet free of long-term debt and with significant cash reserves, following the offering, we expect to be well-positioned to accelerate the rollout of high-performance compute infrastructure and scale global operations.”
Key Highlights:
- U.S.
$15 million equity financing at U.S.$3.12 per share - The offering was to a new single fundamental institutional investor
- Expected to strengthen DGXX's balance sheet to over U.S.
$30 million in cash and cash equivalents and no long-term debt
Expected Use of Proceeds:
- Expand deployment of NeoCloud Tier 3 AI infrastructure powered by NVIDIA B200 and B300 chips
- Accelerate manufacturing and global distribution of ARMS 200 pods
- Execute strategic joint ventures and PPA-backed energy deployments
- Support operating runway and non-dilutive financing initiatives
The closing of the offering is expected to occur on or about July 22, 2025, subject to approval of the TSX Venture Exchange and customary closing conditions.
The offering is being made pursuant to an effective shelf registration statement on Form F-10 (File No. 333-286520) previously filed with the Securities and Exchange Commission (the “SEC”) on April 14, 2025, and declared effective on May 20, 2025. The offering is being made only by means of a prospectus supplement and the accompanying base prospectus that form a part of the registration statement. The prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Copies of the prospectus supplement and the accompanying base prospectus relating to the offering, when available, may be obtained by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 29th Floor, New York, NY 10007, by phone at (929) 833-1246 or by email at prospectus@titanpartnersgrp.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Digi Power X
Digi Power X (NASDAQ: DGXX / TSXV: DGX), is a vertically integrated AI and energy infrastructure company. Digi Power X designs and deploys modular Tier 3 data centers through its ARMS (AI-Ready Modular Solution) platform and offers enterprise-grade GPU compute through its NeoCloud portal, leveraging advanced NVIDIA GPU technology and secured energy infrastructure.
For further information, please contact:
Michel Amar, Chief Executive Officer
Digi Power X Inc.
www.digipowerx.com
Follow us on X: @DigipowerX
Investor Relations
T: 888-474-9222
Email: IR@digihostpower.com
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Except for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about the Company’s expectations concerning the timing for, expected proceeds from and impact of the offering, potential further improvements to profitability and efficiency across the Company’s operations, including, as a result of the Company’s expansion efforts, potential for the Company’s long-term growth and clean energy strategy, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: delivery of equipment and implementation of systems may not occur on the timelines anticipated by the Company, or at all; future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid and realize the potential of the clean energy strategy on terms which are economic or at all; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company’s power plant; and other related risks as more fully set out in the Company’s annual report on Form 20-F for the year ended December 31, 2024 and other documents filed or furnished by the Company on SEDAR + and on the SEC’s EDGAR website at www.sedarplus.ca and www.SEC.gov/EDGAR, respectively. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about, among other things, the timing for, expected proceeds from and impact of the offering. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.
FAQ
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