Host Digital Inc. Announces Closing of Common Stock Offering
Host Digital completes a $17.5 million stock sale and outlines broad corporate uses for the new capital.
Rhea-AI Summary
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.
Positive
- Gross proceeds of approximately $17.5 million from the stock offering
- 30-day underwriter option for up to 328,125 additional shares at the offering price
Negative
- Equity issuance of 2,187,500 new shares, implying shareholder dilution at $8.00 per share
News Explained
The closing means Host Digital has issued the offered Class A shares, increasing the total share count and reducing existing common holders’ percentage ownership absent offsetting changes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, NY, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Host Digital Inc. (f/k/a Healthy Choice Wellness Corp.) (NYSE American: HOST) (the “Company” or “Host Digital”) today announced the closing of its previously announced underwritten public offering (the “Offering”) of 2,187,500 shares of its Class A common stock, par value
The Offering generated gross proceeds of approximately
The Company has granted the underwriters of the Offering a 30-day option to purchase up to an additional 328,125 shares of its Common Stock at the public offering price, less underwriting discounts and commissions.
The Company intends to use the net proceeds from the Offering for data center investments, general and administrative expenses, capital expenditures, working capital and other general corporate purposes.
Cantor acted as lead book-running manager for the Offering. Siebert, A.G.P. and Clear Street acted as joint book-running managers for the Offering.
The Offering was made by means of a prospectus supplement under the Company’s effective registration statement on Form S-3 (File No. 333-291258), as filed with the Securities and Exchange Commission (the “SEC”). A final prospectus supplement and accompanying prospectus relating to the Offering have been filed with the SEC and are available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and accompanying prospectus relating to the Offering may also be obtained from Cantor Fitzgerald & Co., Attention: Equity Capital Markets, 110 East 59th Street, 6th Floor, New York, NY 10022, or by email at prospectus@cantor.com.
No Offer or Solicitation
This press release is not intended to be, and shall not constitute, an offer to buy or sell, or the solicitation of an offer to buy or sell, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under applicable securities laws. No offering of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
About Host Digital Inc.
Host Digital is a digital infrastructure company focused on the development, acquisition, ownership and operation of institutional-quality data centers in the United States, with a focus on supporting artificial intelligence (“AI”) and high-performance computing (“HPC”) workloads. The Company’s strategy prioritizes sites with existing or near-term access to power, right-sized development opportunities and long-term contracts with strong or credit-enhanced counterparties. The Company seeks to own and control the real estate, power and data center infrastructure underlying its projects and to provide turnkey facilities that allow tenants to select and deploy their own compute infrastructure and model layers.
Following its business combination with Host Digital Infrastructure LLC, the Company also owns and operates a portfolio of natural and organic grocery stores through its wholly owned subsidiaries, consisting of 19 locations across six states operating under the Ada’s Natural Market, Paradise Health & Nutrition, Mother Earth’s Storehouse, Greens Natural Foods, Ellwood Thompson’s and GreenAcres Market brands.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the public offering; the anticipated use of proceeds from the offering; the potential exercise by the underwriters of their option to purchase additional shares; and the Company’s ability to execute and scale its business model. Statements that are not historical facts are based on current estimates, assumptions and projections and are not guarantees of future performance. Words such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “will,” “would,” “could” and similar expressions identify forward-looking statements, although not all forward-looking statements contain these words.
Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, including risks relating to the Company’s ability to satisfy the applicable listing requirements; the Company’s ability to successfully integrate the businesses and realize the anticipated benefits of the Offering; the Company’s ability to obtain required financing, complete development and deliver capacity on schedule; and other factors described in the Company’s filings with the SEC. The Company undertakes no obligation to update these statements except as required by law.
Contact Information
Jessica Starman
jessica@elev8newmedia.com
888-461-2233
Investor Contact
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What over-allotment option did Host Digital grant to underwriters?
The company granted underwriters a 30-day option to purchase up to 328,125 additional shares of common stock at the public offering price, less underwriting discounts and commissions.
How does Host Digital intend to use the net proceeds from the offering?
The company intends to use the net proceeds for data center investments, general and administrative expenses, capital expenditures, working capital and other general corporate purposes.
Which banks managed Host Digital's stock offering?
Cantor acted as lead book-running manager. Siebert, A.G.P. and Clear Street acted as joint book-running managers.
Where can investors access the prospectus for the Host Digital offering?
A final prospectus supplement and accompanying prospectus are filed with the SEC and available at www.sec.gov. Copies may also be obtained from Cantor Fitzgerald & Co., Equity Capital Markets, 110 East 59th Street, 6th Floor, New York, NY 10022, or by email at prospectus@cantor.com.