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Titan Partners Group LLC Facilitates $15 Million Direct Offering for Digi Power X to Fuel Global Expansion

TL;DR

Digi Power X Inc. secures a $15 million investment to expand its NeoCloud GPU-as-a-Service platform, offering a competitive edge in AI and digital infrastructure.

Titan Partners facilitates a $15 million registered direct offering for Digi Power X Inc., involving 4,807,693 shares at $3.12 each, aimed at funding global expansion and data center development.

Digi Power X Inc.'s funding will enhance global digital infrastructure, making advanced AI and data center technologies more accessible and improving technological capabilities worldwide.

Digi Power X Inc. is set to revolutionize digital infrastructure with a $15 million boost, focusing on AI and modular data centers for future tech needs.

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Titan Partners Group LLC Facilitates $15 Million Direct Offering for Digi Power X to Fuel Global Expansion

Titan Partners Group LLC, a division of American Capital Partners, has taken a pivotal role as the sole placement agent in a $15 million registered direct offering for Digi Power X Inc. (NASDAQ: DGXX / TSX.V: DGX). This strategic financial move is set to bolster Digi Power X's position as a vertically integrated AI and digital infrastructure company. The offering comprises 4,807,693 shares of common stock, or pre-funded warrants, priced at $3.12 per share, and has attracted a single new fundamental institutional investor.

The proceeds from this offering are earmarked for several key initiatives. Primarily, they will support the global expansion of Digi Power X's NeoCloud GPU-as-a-Service platform, a critical component in the company's portfolio. Additionally, funds will be allocated towards the manufacturing and distribution of ARMS 200 Tier 3 modular data center pods and strategic energy-backed deployments. Upon the successful closure of this offering, expected around July 22, 2025, pending approval from the TSX Venture Exchange and meeting customary conditions, Digi Power X anticipates holding over $30 million in cash, free from long-term debt.

This financial infusion is a testament to the confidence investors have in Digi Power X's innovative solutions and its potential to reshape the digital infrastructure landscape. The company's focus on AI and digital infrastructure places it at the forefront of technological advancements, offering scalable solutions to meet the growing demands of the digital economy. The involvement of Titan Partners Group LLC underscores the significance of this offering, highlighting the strategic importance of Digi Power X's expansion plans and its contribution to the evolving tech industry.

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