FAQ: Titan Partners Group LLC Leads $15 Million Direct Offering for Digi Power X
Summary
What is the purpose of the $15 million direct offering for Digi Power X Inc.?
The proceeds from the offering will support the global expansion of Digi Power X’s NeoCloud GPU-as-a-Service platform, manufacturing and distribution of ARMS 200 Tier 3 modular data center pods, and strategic energy-backed deployments.
Who is acting as the sole placement agent for this offering?
Titan Partners Group LLC, a division of American Capital Partners, is acting as the sole placement agent for this offering.
How much is Digi Power X Inc. expected to hold in cash after the close of the offering?
Following the close of the offering, Digi Power X Inc. expects to hold over $30 million in cash with no long-term debt.
When is the offering expected to close?
The offering is expected to close on or about July 22, 2025, pending TSX Venture Exchange approval and customary conditions.
What is the price per share for the offering?
The offering includes 4,807,693 shares of common stock (or pre-funded warrants) at $3.12 per share.
Who is the buyer in this offering?
The shares are sold to a single new fundamental institutional investor.
Where can I find more information about Titan Partners Group LLC?
For more information on Titan Partners, please visit https://titanpartnersgrp.com/.
Where can I view the full press release about this offering?
To view the full press release, visit https://ibn.fm/BhO5M.
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