Titan Partners Group LLC, a division of American Capital Partners, has successfully led a $15 million registered direct offering for Digi Power X Inc. (NASDAQ: DGXX / TSX.V: DGX), a company specializing in AI and digital infrastructure. The offering involved the sale of 4,807,693 shares of common stock or pre-funded warrants at $3.12 per share to a single new fundamental institutional investor.
The proceeds from this offering are earmarked for the global expansion of Digi Power X's NeoCloud GPU-as-a-Service platform, the manufacturing and distribution of its ARMS 200 Tier 3 modular data center pods, and strategic energy-backed deployments. Upon closing, which is anticipated around July 22, 2025, pending approval from the TSX Venture Exchange and meeting customary conditions, Digi Power X is expected to have over $30 million in cash reserves with no long-term debt.
This financial move underscores the growing demand for AI and digital infrastructure solutions and highlights Digi Power X's strategic positioning to meet this demand. The involvement of Titan Partners Group LLC as the sole placement agent for this offering reflects the confidence in Digi Power X's business model and growth prospects. For more details on the offering, visit https://ibn.fm/BhO5M.
