Digihost Announces Closing of Over-Subscribed US$6.6 Million Private Placement

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MIAMI, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq / TSXV: DGHI), an innovative energy infrastructure company that develops cutting-edge data centers, is pleased to announce that it has closed its private placement of its equity securities (the “Private Placement”), previously announced on January 31, 2025. The Company exercised its right to increase the size of the Private Placement by up to 25%. The Private Placement was for gross proceeds of US$6,609,500 and consisted of the sale of 2,503,601 subordinate voting shares of the Company (“Shares”) and warrants (the “Warrants”) exercisable for up to 1,251,805 Shares of the Company, at a combined purchase price of US$2.64. Each Warrant has a per Share exercise price of US$3.66 and an exercise period of three years from the issuance date.

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