Digi Power X Inc. has announced a $15 million registered direct offering of common stock to a single new institutional investor, resulting in gross proceeds of approximately $15 million before deducting fees and expenses. The offering will strengthen the company’s balance sheet to over $30 million in cash and cash equivalents with no long-term debt. The funds will be used to expand deployment of NeoCloud AI infrastructure, accelerate manufacturing and distribution of ARMS 200 pods, execute strategic joint ventures, and support operating runway and non-dilutive financing initiatives.
Digi Power X Inc. (DGXX) has announced a $15 million registered direct offering of common stock to a single new institutional investor. The offering, which will generate approximately $15 million in gross proceeds before deducting fees and expenses, aims to strengthen the company’s balance sheet. The funds will be used to expand the deployment of NeoCloud AI infrastructure, accelerate the manufacturing and distribution of ARMS 200 pods, execute strategic joint ventures, and support operating runway and non-dilutive financing initiatives [1].
The company’s balance sheet will be significantly bolstered, with cash and cash equivalents expected to exceed $30 million, and no long-term debt. This move underscores Digi Power X’s commitment to maintaining a strong financial foundation while pursuing strategic growth opportunities.
The offering comes amidst a period of significant growth and strategic partnerships for Digi Power X. In July 2025, the company’s stock experienced a substantial increase following announcements of deals with Supermicro and NVIDIA, as well as participation in the AI & Technology Virtual Investor Conference [2]. These initiatives reflect the company’s ambition to leverage its expertise in AI and energy infrastructure to drive revenue growth and innovation.
Oracle’s recent $2 billion investment in Germany to bolster AI and cloud infrastructure further highlights the growing demand for these services, which aligns with Digi Power X’s strategic focus [3]. As one of the first U.S. public companies to deploy NVIDIA’s Blackwell architecture at cloud scale, Digi Power X is well-positioned to capture a significant share of the AI cloud rental market.
Looking ahead, Digi Power X’s strategic use of funds and focus on non-dilutive financing indicate a calculated approach to maintaining financial stability while pursuing ambitious growth plans. The company’s ability to pivot and adapt will be crucial in navigating the rapidly evolving tech-energy landscape and capitalizing on emerging opportunities.
