Digi Power X (NASDAQ: DGXX) signs AI infra LOI with Omnis Pleasants
Rhea-AI Filing Summary
Digi Power X Inc. reported that it has entered into a non-binding Letter of Intent with Omnis Pleasants LLC to pursue a strategic partnership focused on large-scale artificial intelligence and high-performance computing infrastructure. The arrangement is at the letter-of-intent stage, meaning key terms can still change and the parties are exploring the opportunity rather than committing to a completed deal.
The company also filed a material change report with Canadian securities regulators that includes the related press release, which is attached as Exhibit 99.1 to this report and incorporated by reference. The disclosure is furnished under Regulation FD, so it is not treated as filed for liability purposes under the U.S. Exchange Act unless specifically incorporated into another document.
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FAQ
What did Digi Power X Inc. (DGXX) disclose in this Form 8-K?
Digi Power X Inc. disclosed that it filed a material change report in Canada that includes a press release about entering a non-binding Letter of Intent with Omnis Pleasants LLC for a potential strategic partnership.
What is the strategic partnership Digi Power X is exploring with Omnis Pleasants LLC?
The non-binding Letter of Intent outlines plans to pursue a strategic partnership supporting large-scale AI and high-performance computing infrastructure, indicating a focus on advanced computing capabilities.
Is the Letter of Intent between Digi Power X and Omnis Pleasants LLC binding?
No. The document specifically describes the Letter of Intent as non-binding, meaning it expresses intentions to work toward a partnership but does not obligate either party to complete a final agreement.
What is included in Exhibit 99.1 to Digi Power X’s 8-K?
Exhibit 99.1 is a Material Change Report dated January 7, 2026, filed with Canadian Securities Regulatory Authorities, which includes a copy of the press release announcing the non-binding Letter of Intent.
How is the information in this Digi Power X 8-K treated under U.S. securities laws?
The information in Item 7.01 and Exhibit 99.1 is being furnished, not filed, so it is not subject to Section 18 liability under the Exchange Act and is only incorporated into other filings if specifically referenced.
Does this Digi Power X 8-K report new financial results?
The report focuses on the non-binding Letter of Intent and the related material change report and press release; the described sections do not present new financial statements or earnings data.