Digihost establishes US$250 million At-The-Market Equity Program to accelerate growth

Company

Digihost Technology Inc.

Law Firm / Organization
Peterson McVicar LLP
Law Firm / Organization
Katten Muchin Rosenman LLP

Company

H.C. Wainwright & Co., LLC

Law Firm / Organization
Ellenoff Grossman & Schole LLP

On March 4, 2022, Digihost Technology Inc. announced an at-the-market (ATM) equity offering of up to $250 million USD (C$316.6 million), allowing the company to issue and sell subordinate voting shares on Nasdaq and TSX Venture Exchange (TSXV). H.C. Wainwright & Co., LLC acted as the sole sales agent, with Peterson McVicar LLP advising on Canadian legal matters and Katten Muchin Rosenman LLP on U.S. legal matters. Ellenoff Grossman & Schole LLP served as legal counsel to H.C. Wainwright. The agent received a 3.0% broker fee on gross sales proceeds. The TSXV conditionally approved the listing of the offered shares, subject to regulatory requirements. The offering remains open-ended and will terminate upon the sale of all offered shares or termination of the Sales Agreement

Public/Private Offering
Other
$ 316,600,000
Active