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Digihost Announces US$4 Million Private Placement for Infrastructure Expansion
Aug 06, 2024•almost 2 years ago
Contract Type
partnership
TorontoInformation TechnologyEnergyArtificial IntelligenceRenewable EnergyDescription
Digihost Technology Inc. has entered into subscription agreements with certain institutional investors for gross proceeds of up to US$4 million in a private placement of its equity securities. The net proceeds of the Private Placement will be used primarily for acquisitions related to infrastructure expansion and for general working capital purposes.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months