Welcome to our dedicated page for HOST news (Ticker: HOST), a resource for investors and traders seeking the latest updates and insights on HOST stock.
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Host Digital (HOST) closed an underwritten public offering of 2,187,500 Class A common shares at $8.00 per share, raising approximately $17.5 million in gross proceeds before fees.
Underwriters have a 30-day option to buy up to 328,125 additional shares at the public price, less discounts and commissions. Host Digital plans to use net proceeds for data center investments, general and administrative expenses, capital expenditures, working capital and other general corporate purposes.