AI Hosting

Search documents
NextGen Digital Files Preliminary Short Form Base Shelf Prospectus
Globenewswire· 2025-06-11 11:30
Core Viewpoint - NextGen Digital Platforms Inc. has filed a preliminary short form base shelf prospectus to enhance financial flexibility, allowing potential future offerings of securities up to an aggregate price of $20 million over a 25-month period [1][2][3]. Group 1: Company Overview - NextGen Digital Platforms Inc. operates an e-commerce platform called PCSections.com and a hardware-as-a-service business for the artificial intelligence sector known as Cloud AI Hosting, both developed in-house [5]. - The company aims to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle [5]. - NextGen also plans to evaluate and potentially acquire or develop other micro-technology platforms [5]. Group 2: Financial Flexibility and Offerings - The preliminary base shelf prospectus allows the company to offer common shares, warrants, subscription receipts, debt securities, units, or any combination thereof [3]. - The specific terms of any future offerings, including the use of proceeds, will be detailed in a shelf prospectus supplement filed with Canadian securities regulatory authorities [3].
NextGen Digital Expands Cloud AI Hosting & Digital Infrastructure Operations & Provides Corporate Update
Globenewswire· 2025-06-05 11:30
Core Insights - NextGen Digital Platforms Inc. has expanded its fleet of computing workstations for its Cloud AI Hosting business, which has started generating revenue [1][2] - The addition of three new high-performance Nvidia GPU workstations increases the total active GPU fleet to five, enhancing operational cash flows and demand capture in the AI computing sector [2] - NextGen aims to expand into the digital asset ecosystem, including cryptocurrency mining and blockchain infrastructure, leveraging its existing expertise and asset base [3] Company Overview - NextGen Digital Platforms Inc. operates an e-commerce platform (PCSections.com) and a hardware-as-a-service business (Cloud AI Hosting) focused on the AI sector, both developed in-house [4] - The company plans to democratize access to cryptocurrencies by providing exposure to a diversified basket of digital assets through a regulated public vehicle [4] - NextGen is also considering the evaluation and acquisition of other micro-technology platforms to enhance its operational segments [4]