HIVE Digital Technologies Announces Upsized ATM Under the Existing Base Shelf

Core Viewpoint - HIVE Digital Technologies Ltd. has announced an amended equity distribution agreement allowing the company to sell up to US$119,226,903 of common shares through an at-the-market (ATM) program, following a previous agreement that generated US$180,773,096 in proceeds [1][3][4]. Group 1: Equity Distribution Agreement - The amended equity distribution agreement involves multiple agents and allows the company to sell common shares at the prevailing market price [2][3]. - The company is not obligated to sell any shares under this agreement and can terminate it before reaching the maximum gross proceeds [3]. Group 2: Use of Proceeds - The net proceeds from the ATM program will primarily be used for general corporate and working capital needs, funding ongoing operations, repaying debt, completing future acquisitions, or other corporate purposes [4]. Group 3: Company Background - HIVE Digital Technologies Ltd. is a leader in sustainable digital infrastructure, focusing on blockchain and AI technologies powered by green energy, with operations in Canada, Sweden, and Paraguay [8].