STOCK TITAN

HIVE Digital (HIVE) uplists to TSX and issues 14.98M ATM shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

HIVE Digital Technologies Ltd. is moving its Canadian listing from the TSX Venture Exchange to the Toronto Stock Exchange, with its common shares set to begin trading on the TSX on May 12, 2026 under the existing symbol “HIVE”. Trading on the TSX Venture Exchange will cease after the close on May 11, 2026, and those shares will be delisted when TSX trading begins.

The company also reported quarterly activity under its at-the-market equity program, issuing 14,983,561 common shares for gross proceeds of $41.1 million (C$56.5 million) at an average price of C$3.77 per share, and paying a $1.2 million cash commission to its sales agents.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
TSX trading start date May 12, 2026 Date HIVE common shares commence trading on Toronto Stock Exchange
TSXV last trading day May 11, 2026 Final day HIVE trades on TSX Venture Exchange before delisting
ATM shares issued 14,983,561 common shares Issued under November 2025 ATM program for three months ended March 31, 2026
ATM gross proceeds $41.1 million Gross proceeds from ATM share sales for three months ended March 31, 2026
ATM gross proceeds (CAD) C$56.5 million Canadian dollar equivalent gross proceeds from November 2025 ATM shares
Average ATM share price C$3.77 per share Average price per share for November 2025 ATM Shares sold
ATM sales commission $1.2 million Cash commission paid to sales agents on ATM gross proceeds
Toronto Stock Exchange regulatory
"received final approval for the listing of its common shares on the Toronto Stock Exchange"
The Toronto Stock Exchange is Canada’s largest organized marketplace where shares of publicly traded companies are bought and sold, similar to a large, regulated marketplace for company ownership. It matters to investors because it provides transparent prices, rules that help protect buyers and sellers, and access to many Canadian and international businesses, so movements there can signal economic trends and affect portfolio values.
TSX Venture Exchange regulatory
"no further trading under the symbol "HIVE" on TSX Venture Exchange after the close of May 11, 2026"
A junior stock exchange in Canada where smaller, early-stage companies list shares to raise capital and gain public visibility. Think of it as a farmers’ market for young businesses: it offers investors a chance to buy into fast-growing but higher-risk ventures, with looser listing rules and typically lower liquidity than major exchanges. It matters because performance and financing on this exchange can signal growth prospects or risk for investors.
at-the-market offering financial
"with respect to its at-the-market offering (the "ATM Offering") commenced in November, 2025"
An at-the-market offering is a method companies use to sell new shares of stock directly into the open market over time, rather than all at once. This allows them to raise money gradually, similar to selling small pieces of a product instead of a large batch. For investors, it means the company can access funding more flexibly, but it may also increase the supply of shares and influence the stock’s price.
short form base shelf prospectus regulatory
"prospectus supplement dated November 25, 2025 to its short form base shelf prospectus dated October 31, 2025"
A short form base shelf prospectus is a pre-approved, reusable document that lets a company register a pool of securities (like stocks or bonds) it can sell over time without repeating a full disclosure process each time. Think of it as a menu the company files once so it can quickly offer items from that menu later; investors care because it speeds up capital raises, can dilute existing holdings, and signals the company’s ability to access funding when needed.
forward-looking information regulatory
"This release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation"
Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.
cash commission financial
"a cash commission of $1.2 million on the aggregate gross proceeds raised was paid to the sales agents"

false 2026-05-07 0001720424 HIVE Digital Technologies Ltd. 0001720424 2026-05-07 2026-05-07

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 7, 2026

HIVE DIGITAL TECHNOLOGIES LTD.
(Exact name of registrant as specified in its charter)

British Columbia 001-40398 98-1831411
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

7900 Callaghan Road, Suite 128
San Antonio, Texas, United States 78229
(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (604) 664-1078

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class   Trading Symbols   Name of each exchange on which registered
Common shares, without par value   HIVE   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 8.01. Other Events.

TSX Uplisting

On May 7, 2026, HIVE Digital Technologies Ltd. (the "Company") announced that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (the "TSX"). The Company's common shares will commence trading on the TSX effective market open on May 12, 2026. There will be no further trading under the symbol "HIVE" on TSX Venture Exchange after the close of May 11, 2026, and the Company's shares will be delisted from TSX Venture Exchange at the commencement of trading on the TSX.

The common shares will continue trading under the symbol "HIVE" on both the Nasdaq and the TSX.

ATM Update

Also on May 7, 2026, the Company provided a quarterly update with respect to its at-the-market offering (the "ATM Offering") commenced in November, 2025. During the three month period ended March 31, 2026 the Company issued a total 14,983,561 common shares in connection with the ATM Offering for gross proceeds of $41.1 million. 

A copy of the press release announcing the TSX Uplisting and providing the ATM Update is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements, including, but not limited to, all statements related to the commencement of trading of the Company's common shares on the Toronto Stock Exchange. These forward-looking statements are based on the Company's current plans, objectives, estimates, expectations and intentions and inherently involve significant risks and uncertainties. Do not place undue reliance on these forward-looking statements, which speak only as of the date hereof. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties associated with market risks, trends and conditions. These and other risks and uncertainties relating to the Company and its business can be found under the caption "Risk Factors" and elsewhere in the Company's Securities and Exchange Commission filings and reports, including the Company's Annual Information Form for the year ended March 31, 2025 which was filed as Exhibit 99.1 to the Company's Annual Report on Form 40-F for the year ended March 31, 2025, as well as future filings and reports by the Company. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this Current Report on Form 8-K as a result of new information, future events or changes in its expectations.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Number
Description
99.1 Press Release dated May 7, 2026
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)


Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HIVE DIGITAL TECHNOLOGIES LTD.
 
   
By: /s/ Darcy Daubaras
Name: Darcy Daubaras
Title: Chief Financial Officer

Date: May 7, 2026



Exhibit 99.1

HIVE DIGITAL TECHNOLOGIES LTD.

HIVE Digital Announces Up-listing to TSX and Provides Corporate Update

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated November 25, 2025 to its short form base shelf prospectus dated October 31, 2025.

San Antonio, Texas--(Newsfile Corp. - May 7, 2026) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (BVC: HIVECO) (the "Company" or "HIVE") announces that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (the "TSX).

The Company's common shares will commence trading on the TSX effective market open on May 12, 2026. There will be no further trading under the symbol "HIVE" on TSX Venture Exchange after the close of May 11, 2026 , and the Company's shares will be delisted from TSX Venture Exchange at the commencement of trading on the TSX.

The common shares will continue trading under the symbol "HIVE" on both the Nasdaq and the TSX. No further action is required by HIVE shareholders.

Quarterly ATM Sales Report

For the three-month period ended March 31, 2026, the Company issued 14,983,561 common shares (the "November 2025 ATM Shares") pursuant to the at-the-market offering commenced in November 2025 (the "November 2025 ATM Equity Program") for gross proceeds of C$56.5 million ($41.1 million). The November 2025 ATM Shares were sold at prevailing market prices, for an average price per November 2025 ATM Share of C$3.77. Pursuant to the November 2025 ATM Equity program, a cash commission of $1.2 million on the aggregate gross proceeds raised was paid to the sales agents in connection with its services under the November 2025 ATM Equity Program.

About HIVE Digital Technologies Ltd.

Founded in 2017, HIVE Digital Technologies Ltd. was among the first publicly listed companies to prioritize mining digital assets powered by green energy. Today, HIVE builds and operates next-generation Tier-I and Tier-III data centers across Canada, Sweden, and Paraguay, serving both Bitcoin and high-performance computing clients. HIVE's twin-turbo engine infrastructure-driven by hashrate services and GPU-accelerated AI computing-delivers scalable, environmentally responsible solutions for the digital economy.

On behalf of HIVE Digital Technologies Ltd.

"Frank Holmes"

Executive Chairman


For further information, please contact:

Nathan Fast, Director of Marketing and Branding

Frank Holmes, Executive Chairman

Aydin Kilic, President & CEO

Tel: (604) 664-1078

Neither the Toronto Stock Exchange, the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This release contains "forward-looking information" within the meaning of the applicable Canadian and United States securities legislation and regulations that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes but is not limited to: statements with respect to the listing of the Company's common shares on the TSX, business goals and objectives of the Company, and other forward-looking information concerning the intentions, plans and future actions of the Company.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the effect of government regulation and compliance on the Company, reliance on key personnel, global economic and financial market deterioration impeding access to capital or increasing the cost of capital, potential dilution resulting from the exchange of the Notes, and the other risks that are more fully set out in the Company's Annual Report on Form 40-F for the year ended March 31, 2025, the Company's Annual Information Form for the year ended March 31, 2025 and in other Company reports and documents under the Company's filings at www.sec.gov/EDGAR and www.sedarplus.ca.

The forward-looking information in this news release reflects the Company's current expectations, assumptions, and/or beliefs based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's objectives, goals or future plans, the timing thereof and related matters. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance, and accordingly, undue reliance should not be put on such information due to its inherent uncertainty. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/___________________


FAQ

What TSX listing change did HIVE (HIVE) announce?

HIVE Digital Technologies announced final approval to list its common shares on the Toronto Stock Exchange. Trading on the TSX will begin May 12, 2026, and its shares will be delisted from the TSX Venture Exchange when TSX trading commences.

When will HIVE (HIVE) stop trading on the TSX Venture Exchange?

HIVE’s common shares will trade on the TSX Venture Exchange until the close of markets on May 11, 2026. At the start of TSX trading on May 12, 2026, the shares will be delisted from the TSX Venture Exchange.

Did HIVE (HIVE) change its ticker symbol with the TSX uplisting?

HIVE did not change its ticker symbol as part of the uplisting. The company’s common shares will continue trading under the symbol “HIVE” on both the Toronto Stock Exchange and the Nasdaq market after the TSX listing becomes effective.

How many shares did HIVE (HIVE) sell through its ATM program?

For the three-month period ended March 31, 2026, HIVE issued 14,983,561 common shares under its November 2025 at-the-market equity program. These shares generated gross proceeds of $41.1 million, providing incremental equity capital to the company during the quarter.

What proceeds did HIVE (HIVE) raise from recent ATM sales?

HIVE raised gross proceeds of $41.1 million, or C$56.5 million, from issuing 14,983,561 common shares under its at-the-market equity program. The shares were sold at prevailing market prices, averaging C$3.77 per share during the three-month period ended March 31, 2026.

What commissions did HIVE (HIVE) pay on its ATM equity program?

In connection with the November 2025 at-the-market equity program, HIVE paid a cash commission of $1.2 million to its sales agents. This commission was based on the aggregate gross proceeds of $41.1 million raised during the three-month period ended March 31, 2026.

Filing Exhibits & Attachments

6 documents