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Digi Power X amends sales agreement for $75 million equity program

April 9, 2026 5:16 PM

Digi Power X Inc. (NASDAQ: DGXX) announced it entered into an amended and restated sales agreement with A.G.P./Alliance Global Partners for an at-the-market equity offering program valued at up to $75 million.

The Miami-based energy infrastructure company, which is transitioning into AI data centers and GPU-as-a-Service, established the original sales agreement on May 30, 2025. Under the program, the company may sell subordinate voting shares at its discretion through transactions on the Nasdaq Capital Market at prevailing market prices.

Sales will not occur in Canada or through Canadian exchanges. The company stated it may terminate the program at any time.

Digi Power X plans to use net proceeds for general corporate purposes, including funding operations, working capital requirements, completing construction on Tier 3 data center facilities, repaying debt, and potential acquisitions to expand power infrastructure capacity and build its AI and high-performance computing network.

The company filed a prospectus supplement and accompanying prospectus with its U.S. shelf registration statement on Form S-3 with the Securities and Exchange Commission on April 9, 2026.

Digi Power X describes itself as developing AI data centers to expand sustainable energy assets. The company targets 400 megawatts of AI capacity across Alabama, Upstate New York, and North Carolina. The company also trades on Cboe Canada under the ticker DGX.

The volume and timing of share sales will be determined at management's discretion according to the agreement terms. Share prices may vary between purchasers during the distribution period based on prevailing trading prices.

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