Digi Power X amends equity sales program

Digi Power X amends equity sales program Proactive uses images sourced from Shutterstock

Digi Power X Inc (NASDAQ:DGXX, FRA:1NQ0, NEO:DGX) said it has entered into an amended and restated sales agreement with AGP/Alliance Global Partners, allowing the company to raise up to $75 million through an at-the-market equity program.

The energy infrastructure company, which is pivoting toward artificial intelligence data centers and GPU-as-a-Service, said the updated agreement builds on its previously announced ATM program established in May 2025.

Under the arrangement, Digi Power X may sell subordinate voting shares from time to time at prevailing market prices on the Nasdaq Capital Market or other US trading venues. The company said the timing and volume of any share sales would be determined at its discretion.

Proceeds from any share sales are expected to be used for general corporate purposes, including funding operations and working capital, advancing construction of its Tier 3 data center facilities, repaying debt, and pursuing acquisitions aimed at expanding power infrastructure and building out its artificial intelligence and high-performance computing network.

The ATM program allows either Digi Power X or the agent to terminate the agreement at any time. No shares will be offered or sold in Canada or to Canadian residents under the program, the company added.

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