Digi Power X Amends ATM Sales Agreement for $75M

Digi Power X Inc. has entered into an amended and restated sales agreement for its at-the-market equity offering program (ATM Equity Program) with A.G.P./Alliance Global Partners as the agent. The program allows the company to sell subordinate voting shares with an aggregate offering price of up to US$75 million.

The company expects any sales under the ATM program to be executed at-the-market prices on Nasdaq or another U.S. trading venue. Digi Power X says net proceeds, if any, will be used primarily for general corporate purposes, including working capital, completing construction of its Tier 3 data center facilities, repaying indebtedness, and potential acquisitions to expand power infrastructure capacity and build its AI and HPC network.