Digi Power X Inc. filings document material events for a British Columbia corporation operating in AI data center infrastructure. Recent Form 8-K reports cover Regulation FD disclosures, results of operations and financial condition, and material change reports furnished in connection with Canadian securities filings.
The filing record also documents definitive agreements tied to AI colocation capacity, bare metal GPU rental activity, and the company’s at-the-market equity program for subordinate voting shares. Related disclosures address Form S-3 registration and prospectus supplement activity, emerging growth company status, capital structure, and governance context for the company’s public securities.
Digi Power X Inc. entered into a long-term Data Center Colocation and Master Services Agreement with Cerebras Systems Inc. to deploy approximately 40 megawatts of AI computing capacity at its Columbiana, Alabama campus.
The Agreement has an initial 10-year term with total contract value to Digi Power X of approximately $1.1 billion, and total potential contract value of approximately $2.5 billion assuming a seven-year extension, in each case subject to the company meeting its obligations. Digi Power X will build the facility in two phases, with 15 MW targeted ready-for-service by December 15, 2026 and full 40 MW deployment targeted by the end of the first fiscal quarter of 2027. The company plans to self-fund Phase 1 construction and has already completed the dedicated on-site substation and secured a power delivery agreement for Phase 1.
Digi Power X Inc. president and director Amar Alec reported an open-market sale of 27,500 Subordinate Voting Shares on May 1, 2026 at a weighted average price of $3.56 per share, with individual trade prices ranging from $3.37 to $3.75.
Following the sale, Alec holds 1,368,949 Subordinate Voting Shares directly and 45,000 Subordinate Voting Shares indirectly through Matbrands LLC. The filing also lists fully vested employee stock options with exercise prices of $3.60 and $1.54 per share, both expiring in 2030, and restricted share units that vest between 2026 and 2027.
Digi Power X Inc. filed Amendment No. 1 to its Annual Report for the year ended December 31, 2025. This amendment adds the previously omitted Part III sections covering directors and executive officers, executive and director compensation, security ownership, related-party transactions, director independence and auditor fees.
The filing details leadership backgrounds, committee structures, equity incentive plans, and significant ownership by executives and directors, including multiple voting share classes. It does not change the previously reported financial statements or other disclosures and should be read together with the original Annual Report and subsequent SEC filings.
Digi Power X Inc. has signed its first contracted AI revenue deal, a bare metal GPU rental agreement with SubQ AI. The 24‑month contract, effective May 15, 2026, has an expected total contract value of approximately $19.6 million and includes an upfront payment of about $2.95 million, or 15% of the total. Digi Power X will provide SubQ exclusive, dedicated access to a fleet of latest‑generation NVIDIA Blackwell GPUs via its NeoCloudz GPU‑as‑a‑Service platform at the company’s AI data center.
Digi Power X Inc. President and director Amar Alec sold 25,700 Subordinate Voting Shares in an open-market transaction at a weighted average price of $2.26 per share. The trades were executed in multiple lots between $2.25 and $2.33.
After this sale, Alec directly owns 1,341,449 Subordinate Voting Shares. He also has indirect ownership of 45,000 Subordinate Voting Shares through Matbrands LLC. The filing also lists fully vested employee stock options and restricted stock units that are scheduled to vest on future dates.
Digi Power X Inc. has entered into an amended and restated sales agreement with A.G.P./Alliance Global Partners to continue its at-the-market equity program. Under this agreement, the company may sell subordinate voting shares with an aggregate offering price of up to US$75 million.
Sales, if made, will occur as “at the market offerings” on the Nasdaq Capital Market or other U.S. trading markets at prevailing prices, with the agent earning a commission of up to 3.0% of gross proceeds. The company can suspend or terminate the program at any time and plans to use any net proceeds primarily for general corporate purposes, working capital, data center construction, debt repayment and potential acquisitions supporting its AI infrastructure strategy.
Digi Power X Inc. filed a shelf registration to offer up to $750,000,000 of various securities and a prospectus supplement establishing an at‑the‑market facility to sell up to $75,000,000 of subordinate voting shares. As of April 8, 2026, there were 69,807,449 subordinate voting shares outstanding; the supplement illustrates a pro‑forma example of up to 101,057,449 shares outstanding assuming sales of 31,250,000 shares at $2.40 per share. The company intends to use net proceeds for general corporate purposes, including completing Tier III data center construction, funding operations, repaying indebtedness and potential power infrastructure acquisitions. The shelf permits multiple security types (shares, debt, warrants, units, subscription receipts and others) and contemplates sales through underwriters, dealers, agents or direct placements under terms to be specified in prospectus supplements.
Digi Power X Inc. President and director Amar Alec reported an open-market sale of 1,800 Subordinate Voting Shares on April 1, 2026 at a weighted average price of $2.25 per share, executed in multiple trades between $2.25 and $2.26.
After the sale, Alec directly holds 1,367,149 Subordinate Voting Shares and indirectly holds 45,000 shares through Matbrands LLC. The filing also lists fully vested employee stock options with exercise prices of $1.50 and $3.53 per share and several Restricted Stock Unit awards scheduled to vest between 2026 and 2027.
Digi Power X Inc. is an energy infrastructure company that operates bitcoin mining and is pivoting toward power-backed AI and high‑performance computing data centers. It owns a 60 MW gas-fired peaker plant in North Tonawanda, New York, three U.S. facilities, and approximately 40 acres in North Carolina for a planned 200 MW data-center development.
The company invested about $11 million in 2025 capital expenditures and developed its ARMS 200 modular Tier III AI data-center pod, expected to begin deployment at its Alabama site in the second quarter of 2026. As of March 31, 2026, it held about 51 bitcoin and 1,010 Ethereum at Gemini and employed 17 people. Its power mix at two New York sites is 89% zero‑carbon and more than 50% renewable, but results remain highly exposed to bitcoin price, halving events, mining difficulty, regulation and execution risks in AI/HPC expansion.