Digi Power X Inc. (DGXX) has entered into a definitive securities purchase agreement to sell 4,807,693 shares of common stock at $3.12 per share, raising approximately $15 million in gross proceeds.
The company plans to use the funds to expand its NeoCloud Tier 3 AI infrastructure powered by NVIDIA B200 and B300 chips, pursue strategic joint ventures and PPA-backed energy deployments, and support operating runway and non-dilutive financing initiatives.
Following the transaction’s closing, expected around July 22, 2025, Digi Power X Inc. will hold over $30 million in cash and cash equivalents with zero long-term debt.
Titan Partners Group, a division of American Capital Partners, is the sole placement agent for the offering.
“This financing solidifies DGXX’s capital position as we transition from deployment to monetization,” said Michel Amar, Chief Executive Officer.
