Reported Earlier, Digihost Announces $4M Private Placement Comprised Of 3,636,363 Units At A Purchase Price Of $1.10 Per Unit
Portfolio Pulse from Benzinga Newsdesk
Digihost Technology Inc. announced a $4 million private placement consisting of 3,636,363 units at $1.10 per unit, a 9% premium to its most recent Nasdaq closing price. Each unit includes one share and one warrant with a $2.00 exercise price. Proceeds will be used for infrastructure expansion and working capital.
August 06, 2024 | 4:21 pm
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Digihost Technology Inc. announced a $4 million private placement at a 9% premium to its recent Nasdaq closing price. The funds will be used for infrastructure expansion and working capital.
The private placement at a premium price indicates strong investor confidence and provides the company with capital for growth and expansion, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100