Datacentrex Announces Pricing of $20.17 Million Confidentially Marketed Public Offering at $2.00 per Share
Rhea-AI Summary
Datacentrex (Nasdaq: DTCX) priced a confidentially marketed public offering at $2.00 per share, expected to raise aggregate gross proceeds of $20.17 million. The offering may include common stock and pre-funded warrants and is expected to close on or about March 30, 2026.
The company intends to use net proceeds for working capital and general corporate purposes. Dominari Securities is the exclusive placement agent; final terms will appear in a prospectus supplement filed with the SEC.
Positive
- Gross proceeds of $20.17 million expected from the offering
- Offering priced at $2.00 per share, providing clear deal pricing
- Proceeds earmarked for working capital and general corporate purposes
- Dominari Securities named as exclusive placement agent for the offering
Negative
- Offering proceeds stated before placement agent fees, reducing net capital
- Issuance of new shares and pre-funded warrants may dilute existing shareholders
- Closing is subject to customary conditions, so timing or completion is not guaranteed
Market Reaction – DTCX
Following this news, DTCX has declined 34.60%, reflecting a significant negative market reaction. Argus tracked a trough of -11.2% from its starting point during tracking. Our momentum scanner has triggered 18 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $2.02. This price movement has removed approximately $34M from the company's valuation. Trading volume is exceptionally heavy at 6.1x the average, suggesting significant selling pressure.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
No peers with momentum flags or same-day headlines were detected, indicating the -6.93% move appears company-specific to the announced equity offering.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 23 | Subsidiary results | Positive | -4.0% | Dogehash subsidiary reported strong profit and revenue growth with expanded mining capacity. |
Limited history shows at least one instance where positive operational news coincided with a negative price reaction, indicating potential sensitivity to capital/structural developments rather than fundamentals alone.
On Dec 23, 2025, Datacentrex reported strong growth at its Dogehash subsidiary, with quarter-over-quarter gross profit up 48% and revenue up 27%, alongside more than 3,100 active miners and over $47.5 million in cash and digital assets. Despite this operational strength, the stock fell 4.01% over the next day. Today’s offering announcement follows that backdrop of growth paired with a past instance of share price weakness after good news.
Market Pulse Summary
The stock is dropping -34.6% following this news. The decline reflects typical pressure from a discounted equity offering, with shares at $3.09 pre-announcement versus a $2.00 offering level and expected gross proceeds of $20.17 million. This fits a pattern where Datacentrex previously saw a -4.01% move after positive subsidiary results on Dec 23, 2025. Such reactions highlight dilution and sentiment risk around capital raises, even when the company had reported strong growth and sizable cash and digital asset balances.
Key Terms
pre-funded warrants financial
shelf registration statement regulatory
form s-3 regulatory
base prospectus regulatory
preliminary prospectus supplement regulatory
registration statement regulatory
placement agent financial
AI-generated analysis. Not financial advice.
SALT LAKE CITY, March 26, 2026 (GLOBE NEWSWIRE) -- Datacentrex, Inc. (Nasdaq: DTCX) (“Datacentrex” or the “Company”), a digital infrastructure and capital deployment company that owns and operates Scrypt compute assets and evaluates strategic transactions across asset-backed operating businesses, today announced the pricing of its confidentially marketed public offering (the "Offering") of common stock and, in lieu of common stock to certain investors, pre-funded warrants to purchase shares of its common stock, at a public offering price of
The Company expects to receive aggregate gross proceeds of
The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.
Dominari Securities LLC is acting as the exclusive placement agent for the Offering.
The Offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-286951), including a base prospectus, initially filed with the U.S. Securities and Exchange Commission (the "SEC") on May 2, 2025, and declared effective by SEC on May 30, 2025.
A preliminary prospectus supplement and accompanying shelf prospectus relating to the Offering and describing the terms of thereof has been filed with the SEC on March 26, 2026 and forms a part of the effective registration statement, and is available on the SEC's website located at http://www.sec.gov. Electronic copies of the preliminary prospectus supplement and the accompanying base prospectus may be obtained, by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave., 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com, or by telephone at (212) 393-4500. The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC, which will be available for free on the SEC's website at www.sec.gov.
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 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 any such state or jurisdiction.
About Datacentrex
Datacentrex is a digital infrastructure and capital deployment company that owns and operates Scrypt compute assets and evaluates strategic transactions across asset-backed operating businesses. Our current operating platform is centered on owned and operated Scrypt-based proof-of-work compute deployed through third-party colocation facilities. Datacentrex monetizes this compute primarily through hashrate marketplace mechanisms and manages a treasury of digital assets and cash in a manner intended to preserve capital and support opportunistic, accretive deployment.
For more information, please visit https://datacentrex.com/. Information on the Company’s website does not constitute a part of and is not incorporated by reference into this press release.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to the Offering. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements, including the satisfaction of customary closing conditions related to the Offering, the intended use of the expected proceeds from the Offering and other statements that are not purely statements of historical fact. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, it can give no assurances that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements. Other risks are contained in the Company's filings with the SEC, including in the Company's prospectus supplement relating to the Offering, Annual Report on Form 10-K, as amended, and in subsequent reports on Forms 10-Q and 8-K. Investors and security holders are urged to read these documents free of charge on the SEC's website at: http://www.sec.gov. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Company Contact
Datacentrex Investor Relations
ir@datacentrex.com
800-403-6150
FAQ
What did Datacentrex (DTCX) announce on March 26, 2026 about a public offering?
How will Datacentrex (DTCX) use the proceeds from the $20.17 million offering?
When is the Datacentrex (DTCX) offering expected to close and who is the placement agent?
Where can investors find the final terms for the Datacentrex (DTCX) offering?
Does the $20.17 million amount reflect net proceeds for Datacentrex (DTCX)?
Will Datacentrex (DTCX) issue pre-funded warrants in the offering and what does that mean?