IPO - Digihost Technology Inc.
Form Type: F-10
Filing Date: 2025-04-14
Corporate Action: Ipo
Type: New
Accession Number: 000121390025031287
Filing Summary: Digi Power X Inc. has filed a registration statement under the Securities Act of 1933 for a public offering of securities, proposing to raise up to US$250,000,000. The securities include subordinate voting shares, warrants, subscription receipts, units, debt securities, and share purchase contracts. The registration indicates that these securities are not authorized for sale within the United States unless an exemption applies, and they may offer a base shelf prospectus during a 25-month period. The offering is expected to commence post-effective date. The document emphasizes that it is subject to completion and that no securities regulatory authority has confirmed the accuracy of the information provided. Risk factors related to investment in these securities are discussed, particularly in relation to price volatility, market conditions, and regulatory implications, indicating that investment could be risky.
Additional details:
Approximate Commencement Date: As soon as practicable after this Registration Statement becomes effective
Securities Offering Amount: US $250,000,000
Subordinate Voting Shares Price: C$1.40 (TSXV) / US$0.96 (Nasdaq) on April 11, 2025
Company Subsidiaries: Digihost International, Inc. and US Data Centers, Inc.
Agent For Service Address: 595 Howe St., 10th Floor, Vancouver, BC V6C 2T5
Form Type: F-1/A
Filing Date: 2025-03-31
Corporate Action: Ipo
Type: Update
Accession Number: 000121390025026389
Filing Summary: Digi Power X Inc. has filed Amendment No. 1 to its Form F-1 registration statement under the Securities Act of 1933 to register up to 7,272,726 subordinate voting shares for resale by certain selling shareholders, consisting of previously issued shares and shares issuable upon the exercise of warrants. The company maintains a focus on developing energy infrastructure and mining Bitcoin while transitioning to more sustainable energy sources. Their operations are powered largely by renewable resources, and they are committed to achieving carbon neutrality by the end of 2025. The company reported significant investments in mining technology and infrastructure and is actively participating in the cryptocurrency market through various mining agreements and partnerships. As of March 31, 2025, the company's last reported share prices were C$1.53 on the TSXV and $1.05 on Nasdaq. The filing reflects the firm's intention to comply with emerging growth company provisions and signals an ongoing evolution in its capital structure following its name change from Digihost Technology Inc. on March 4, 2025.
Additional details:
Company Name: Digi Power X Inc.
Previous Name: Digihost Technology Inc.
Shares Registered: 7,272,726
Trading Symbols: {"TSXV":"DGX","Nasdaq":"DGXX"}
Last Price Tsx: C$1.53
Last Price Nasdaq: $1.05
Carbon Neutrality Target: 2025
Renewable Energy Percentage: 50%
Total Employees: 16
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