DIGI POWER X increases ATM capacity to $175M
DIGI POWER X Inc. supplements its at-the-market program to increase the maximum offering capacity to $175,000,000 of subordinate voting shares under an amended ATM Agreement.
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Rhea-AI Filing Summary
DIGI POWER X Inc. supplements its at-the-market program to increase the maximum offering capacity to $175,000,000 of subordinate voting shares under an amended ATM Agreement. The supplement notes the ATM includes a prior $75,000,000 tranche, of which $72,363,650 had been sold before this supplement.
The company sells SV Shares through A.G.P./Alliance Global Partners as sales agent at a 3.0% commission. The SV Shares trade on Nasdaq under the symbol DGXX, with the last reported Nasdaq sale price of $6.19 per share.
Insights
ATM capacity increased to $175M; prior tranche largely deployed.
The amendment raises the total at-the-market selling capacity to $175,000,000, expanding the issuer's option to raise incremental capital by selling SV Shares into the market under the ATM Agreement.
Cash-flow treatment and timing depend on actual sales; A.G.P. acts as sales agent with a 3.0% commission and is deemed an underwriter for purposes of liability and indemnification.
Key Figures
Key Terms
at the market offerings financial
ATM Agreement legal
underwriter regulatory
Offering Details
FAQ
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What did DIGI POWER X (DGXX) file in this prospectus supplement?
How much of the prior ATM tranche was already sold by DIGI POWER X?
AI-generated analysis. How Rhea-AI works. Not financial advice.