Digi Power X Establishes US$100 Million at-the-Market Equity Program to Accelerate Growth

Core Viewpoint - Digi Power X Inc. has announced an at-the-market sales agreement to raise up to US$100 million through the issuance of subordinate voting shares, aimed at supporting its strategic initiatives and operations [2][3][4]. Group 1: At-the-Market Offering - The ATM Agreement allows Digi Power X to issue subordinate voting shares with an aggregate offering price of up to US$100 million [3]. - A cash commission of up to 3.0% will be paid to the Agent for the services related to the ATM Equity Program [3]. - The proceeds from the ATM Equity Program will primarily be used for general corporate purposes, including funding ongoing operations, completing data center construction, repaying debt, and potential acquisitions [3][4]. Group 2: Company Position and Strategy - The CEO of Digi Power X stated that the company is in a strong position, being debt-free with solid cash reserves, and is focused on scaling its AI-ready Modular Solution platform [4]. - The company has not yet distributed any subordinate voting shares under the ATM Agreement [4]. Group 3: Regulatory and Compliance Information - The offer and sale of shares will be conducted under a prospectus supplement dated May 30, 2025, and a base shelf prospectus dated May 15, 2025, which have been filed with regulatory authorities [6]. - The ATM Equity Program will not involve sales on the TSX Venture Exchange or any other Canadian trading market [5].