BlockchAIn Digital Infrastructure closes USD 55 million follow-on stock offering at USD 1.65/share

Telephone and Data Systems, Inc.
Array Digital Infrastructure, Inc.
BlockchAIn Digital Infrastructure, Inc

Telephone and Data Systems, Inc.

TDS

0.00

Array Digital Infrastructure, Inc.

AD

0.00

BlockchAIn Digital Infrastructure, Inc

AIB

0.00
  • Blockchain Digital Infrastructure closed an underwritten follow-on offering of 33,333,334 common shares at USD 1.65 each.
  • Gross proceeds totaled about USD 55 million.
  • Lucid Capital Markets served as sole book-running manager.
  • A 45-day option allows purchase of up to 4,999,999 additional shares at the offering price, less underwriting discounts.
  • Net proceeds earmarked for working capital, growth capex, general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blockchain Digital Infrastructure Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606091752PRIMZONEFULLFEED9734511) on June 09, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.