Digi Power X Announces Closing of $15 Million Registered Direct Offering of Common Stock
Digi Power X (NASDAQ: DGXX) has successfully closed a $15 million registered direct offering of common stock, pricing 4,807,693 shares at $3.12 per share. The offering was made to a single new fundamental institutional investor, highlighting growing interest in DGXX's AI infrastructure strategy.
Following the offering, DGXX's cash position has strengthened to over $30 million with zero long-term debt. The proceeds will fund the expansion of NeoCloud Tier 3 AI infrastructure, accelerate ARMS 200 pods manufacturing, and support strategic joint ventures. Titan Partners Group served as the sole placement agent, receiving a 7% commission and 240,385 purchase warrants exercisable at $3.588 per share.
Digi Power X (NASDAQ: DGXX) ha completato con successo un offerta diretta registrata da 15 milioni di dollari di azioni ordinarie, vendendo 4.807.693 azioni a 3,12 dollari per azione. L'offerta è stata rivolta a un unico nuovo investitore istituzionale fondamentale, evidenziando l'interesse crescente per la strategia di infrastruttura AI di DGXX.
Dopo l'offerta, la posizione di cassa di DGXX si è rafforzata superando i 30 milioni di dollari senza debito a lungo termine. I fondi saranno destinati all'espansione dell'infrastruttura AI NeoCloud Tier 3, all'accelerazione della produzione dei pod ARMS 200 e al supporto di joint venture strategiche. Titan Partners Group ha agito come unico agente di collocamento, ricevendo una commissione del 7% e 240.385 warrant di acquisto esercitabili a 3,588 dollari per azione.
Digi Power X (NASDAQ: DGXX) ha cerrado con éxito una oferta directa registrada de 15 millones de dólares de acciones comunes, fijando el precio de 4.807.693 acciones a 3,12 dólares por acción. La oferta se realizó a un único nuevo inversor institucional fundamental, destacando el creciente interés en la estrategia de infraestructura de IA de DGXX.
Tras la oferta, la posición de efectivo de DGXX se ha fortalecido a más de 30 millones de dólares sin deuda a largo plazo. Los ingresos se destinarán a la expansión de la infraestructura de IA NeoCloud Tier 3, a acelerar la fabricación de pods ARMS 200 y a apoyar empresas conjuntas estratégicas. Titan Partners Group actuó como único agente colocador, recibiendo una comisión del 7% y 240.385 warrants de compra ejercitables a 3,588 dólares por acción.
Digi Power X (NASDAQ: DGXX)가 1,500만 달러 규모의 등록 직접 공모를 성공적으로 마무리했으며, 보통주 4,807,693주를 주당 3.12달러에 가격 책정했습니다. 이번 공모는 단일 신규 주요 기관 투자자에게 이루어져 DGXX의 AI 인프라 전략에 대한 관심이 증가하고 있음을 보여줍니다.
공모 이후 DGXX의 현금 보유액은 3,000만 달러 이상으로 증가했으며 장기 부채는 전혀 없습니다. 자금은 NeoCloud Tier 3 AI 인프라 확장, ARMS 200 팟 제조 가속화, 전략적 합작 투자 지원에 사용될 예정입니다. Titan Partners Group이 단독 배정 대리인으로 활동했으며, 7%의 수수료와 주당 3.588달러에 행사 가능한 240,385개의 매수 워런트를 받았습니다.
Digi Power X (NASDAQ : DGXX) a clôturé avec succès une offre directe enregistrée de 15 millions de dollars d'actions ordinaires, fixant le prix de 4 807 693 actions à 3,12 dollars par action. L'offre a été réalisée auprès d'un seul nouvel investisseur institutionnel fondamental, soulignant l'intérêt croissant pour la stratégie d'infrastructure IA de DGXX.
Suite à l'offre, la trésorerie de DGXX s'est renforcée pour dépasser 30 millions de dollars sans dette à long terme. Les fonds serviront à financer l'expansion de l'infrastructure IA NeoCloud Tier 3, à accélérer la fabrication des pods ARMS 200 et à soutenir des coentreprises stratégiques. Titan Partners Group a agi en tant qu'agent de placement unique, recevant une commission de 7 % et 240 385 bons de souscription exerçables à 3,588 dollars par action.
Digi Power X (NASDAQ: DGXX) hat erfolgreich eine registrierte Direktplatzierung im Wert von 15 Millionen US-Dollar von Stammaktien abgeschlossen und 4.807.693 Aktien zu 3,12 US-Dollar pro Aktie bepreist. Das Angebot wurde einem einzigen neuen institutionellen Kerninvestor unterbreitet, was das wachsende Interesse an DGXXs KI-Infrastrukturstrategie unterstreicht.
Nach dem Angebot hat sich die Barposition von DGXX auf über 30 Millionen US-Dollar ohne langfristige Verschuldung verbessert. Die Erlöse werden für den Ausbau der NeoCloud Tier 3 KI-Infrastruktur, die Beschleunigung der ARMS 200 Pod-Herstellung und die Unterstützung strategischer Joint Ventures verwendet. Titan Partners Group fungierte als alleiniger Platzierungsagent und erhielt eine 7%ige Provision sowie 240.385 Kaufoptionsscheine, die zu 3,588 US-Dollar pro Aktie ausgeübt werden können.
- Strengthened balance sheet with over $30 million in cash position
- Zero long-term debt maintained post-offering
- Strategic investment from a new fundamental institutional investor validates business model
- Proceeds will support expansion of AI infrastructure and manufacturing capabilities
- 7% cash commission and warrants to placement agent creates additional costs
- Equity dilution for existing shareholders
- Warrants could lead to future dilution if exercised
Insights
DGXX secures $15M from institutional investor, bolstering cash to $30M with zero debt for AI infrastructure expansion.
Digi Power X's successful
This capital raise strengthens DGXX's balance sheet considerably, bringing total cash reserves to over
The
Most significant is the specific allocation of proceeds toward NVIDIA B200/B300-powered infrastructure deployment and ARMS 200 manufacturing—suggesting DGXX is positioning to capitalize on the explosive demand for specialized AI compute capacity. The mention of pursuing PPA-backed energy deployments indicates a strategic focus on securing cost-effective, potentially renewable energy sources—a critical competitive advantage in the energy-intensive AI infrastructure space.
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 23, 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 the closing its previously announced registered direct offering 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.
The completion of the Offering resulted in DGXX holding over U.S.
Titan Partners Group, a division of American Capital Partners (“Titan”), acted as the sole placement agent for the offering.
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
- Strengthened 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
Titan received a cash commission representing
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 prospectus supplement relating to the offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. The Company also filed the prospectus supplement with the securities regulatory authorities in Canada. Copies of the prospectus supplement and the accompanying base prospectus relating to the offering 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 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.
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