Digi Power X Raises $15M in Registered Direct Offering to Fund Expansion and Strategic Partnerships

Digi Power X is raising $15M through a registered direct offering of common stock, with 4.8 million shares to be sold at $3.12 per share. The proceeds will support the expansion of the company's NeoCloud Tier 3 AI infrastructure, accelerate manufacturing and distribution of ARMS 200 pods, fund strategic joint ventures, and extend the company's operating runway. Following the offering, Digi Power X expects to hold over $30M in cash and cash equivalents with no long-term debt.

Digi Power X (NASDAQ: DGXX) has successfully raised $15 million through a registered direct offering of common stock, selling 4,807,693 shares at $3.12 per share to a single new fundamental institutional investor [1]. The proceeds from this offering will significantly bolster the company's financial position, with Digi Power X expected to hold over $30 million in cash and cash equivalents and maintain a debt-free balance sheet post-transaction.

The funds will be allocated to several strategic initiatives. Notably, the expansion of the NeoCloud Tier 3 AI infrastructure, powered by NVIDIA B200 and B300 chips, is a key priority. Additionally, the offering will support the acceleration of ARMS 200 pods manufacturing, the execution of strategic joint ventures, and extend the company's operating runway. This strategic capital infusion underscores strong institutional confidence in Digi Power X's AI infrastructure strategy, particularly its proprietary ARMS 200 Tier 3 modular data centers and NeoCloud GPU-as-a-Service offerings [2].

The transaction, expected to close around July 22, 2025, signifies a significant milestone for Digi Power X. The company's debt-free position with substantial cash reserves creates a strong foundation for executing its growth strategy and achieving positive cash flow. This capital injection provides flexibility to pursue strategic opportunities without financing constraints, thereby de-risking near-term operations.

References:
[1] https://www.stocktitan.net/news/DGXX/digi-power-x-announces-15-million-registered-direct-offering-of-pavcv1fo9hie.html
[2] https://seekingalpha.com/news/4469190-digi-power-x-announces-15m-private-offering-of-common-stock