Equity OfferingApr 9, 2026, 05:17 PM
Digi Power X Amends ATM Program, Authorizing Up to $75 Million in Equity Sales
AI Summary
Digi Power X Inc. (DGXX) announced it has entered into an amended and restated at-the-market (ATM) sales agreement with A.G.P. / Alliance Global Partners, effective April 9, 2026. This updated agreement allows the company to offer and sell subordinate voting shares with an aggregate offering price of up to US$75 million. The ATM program provides DGXX with a flexible mechanism to raise capital from time to time, leveraging market conditions to fund operations or strategic initiatives. While providing financial flexibility, such programs also introduce potential dilution for existing shareholders as shares are sold into the market.
Key Highlights
- Digi Power X Inc. (DGXX) entered into an amended and restated at-the-market (ATM) sales agreement on April 9, 2026.
- The agreement authorizes the company to sell subordinate voting shares (SV Shares) with an aggregate offering price of up to US$75 million.
- A.G.P. / Alliance Global Partners will serve as the agent for the ATM program.
- Sales of SV Shares, if any, will be made in transactions deemed "at the market offerings," including ordinary brokers’ transactions directly on the Nasdaq Capital Market.
- This new agreement amends and restates an original ATM agreement that was established on May 30, 2025.