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Digi Power X Inc. disclosed that Eleven Ventures LLC, Eleven Managers LLC and Hartley Wasko reported shared voting and dispositive power over 1,053,536 Subordinate Voting Shares, representing 2.6% of the class based on 40,701,840 outstanding Subordinate Voting Shares. The filing shows no sole voting or dispositive power for the reporting persons and records shared control of the reported position.
The statement recounts that the issuer issued 3,113,636 Subordinate Voting Shares and warrants to Eleven Ventures on August 15, 2024, with warrants exercisable on or after February 15, 2025. It details warrant exercises and share dispositions between March 3, 2025 and July 7, 2025, noting that after exercising remaining warrants between July 1 and July 7, 2025, Eleven Ventures and Eleven Managers beneficially owned none of the issuer's Subordinate Voting Shares as of July 7, 2025.
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