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Digihost Announces Closing of Over-Subscribed US$6.6 Million Private Placement
DigihostDigihost(US:DGHI) Globenewswireยท2025-02-07 15:15

Core Points - Digihost Technology Inc. has successfully closed a private placement of equity securities, raising gross proceeds of US$6,609,500 [1][2] - The private placement involved the sale of 2,503,601 subordinate voting shares and warrants, with a combined purchase price of US$2.64 per share [1] - Each warrant is exercisable for up to 1,251,805 shares at an exercise price of US$3.66, with a three-year exercise period [1] Use of Proceeds - The net proceeds from the private placement will primarily be used for infrastructure expansion acquisitions and general working capital purposes [2] Regulatory Information - The securities issued are subject to customary resale restrictions in the United States, with no restrictions in Canada, and no securities were offered to Canadian residents [2]