Digi Power X US$75M Equity Offering

Digi Power X, an energy infrastructure company transitioning into AI data centers and GPU-as-a-Service, has entered into an amended and restated sales agreement with Alliance Global Partners. This agreement establishes an 'at-the-market' equity offering program, allowing Digi Power X to sell up to US$75 million in subordinate voting shares. The shares will be offered on the Nasdaq Capital Market. The net proceeds are intended for general corporate purposes, including funding ongoing operations, completing construction of Tier 3 data center facilities, repaying indebtedness, and pursuing acquisitions to expand its power infrastructure and AI/HPC network. Digi Power X has also filed a U.S. shelf registration statement on Form S-3 with the United States — United States Securities and Exchange Commission for this offering. Sales under this program will not occur in Canada.