BlockchAIn closes $55 million public stock offering

BlockchAIn Digital Infrastructure Inc. (NYSE American: AIB) completed its underwritten public offering of 33,333,334 shares of common stock at $1.65 per share, generating gross proceeds of approximately $55 million before underwriting discounts and expenses.

The company plans to use net proceeds for working capital, capital expenditures related to business growth, and general corporate purposes. BlockchAIn operates digital infrastructure focused on artificial intelligence workloads and high-performance computing.

The underwriter received a 45-day option to purchase up to an additional 4,999,999 shares at the public offering price minus underwriting discounts and commissions. Lucid Capital Markets served as the sole book-running manager for the offering.

The shares were offered through a registration statement on Form S-1, filed with the Securities and Exchange Commission on June 2, 2026, and declared effective on June 4, 2026. The company's platform combines access to power resources with modular infrastructure deployment designed to accelerate compute capacity development.

You May Also Be Interested In

• Matinas BioPharma to merge with GH Power, sell drug unit to Azurity
• Samos Energy raises $230M in NYSE IPO for energy acquisitions
• CoStar Group names Robin Rossmann as CFO, effective July 2026