Digihost Technology Changes Name to Digi Power X Inc.
Digihost Technology has announced its transformation to Digi Power X Inc., marking a strategic shift in its identity as an energy infrastructure company. The name change will take effect on March 6, 2025, accompanied by a new trading symbol 'DGX' on the TSX Venture Exchange while maintaining 'DGHI' on Nasdaq.
CEO Michel Amar emphasized that the rebranding reflects the company's ambition to lead in sustainable energy infrastructure development and signals their commitment to diversifying offerings for next-generation computing and data processing. The company's subordinate voting shares will trade under the new name with updated CUSIP (25380B102) and ISIN (CA25380B1022) numbers.
Current stockholders require no action as the share capital structure remains unchanged.
Digihost Technology ha annunciato la sua trasformazione in Digi Power X Inc., segnando un cambiamento strategico nella sua identità come azienda di infrastrutture energetiche. Il cambio di nome entrerà in vigore il 6 marzo 2025, accompagnato da un nuovo simbolo di trading 'DGX' sulla TSX Venture Exchange, mantenendo 'DGHI' su Nasdaq.
Il CEO Michel Amar ha sottolineato che il rebranding riflette l'ambizione dell'azienda di guidare nello sviluppo di infrastrutture energetiche sostenibili e segnala il loro impegno a diversificare le offerte per il computing di nuova generazione e l'elaborazione dei dati. Le azioni con diritto di voto subordinate dell'azienda saranno scambiate con il nuovo nome con numeri CUSIP (25380B102) e ISIN (CA25380B1022) aggiornati.
Gli attuali azionisti non devono intraprendere alcuna azione poiché la struttura del capitale azionario rimane invariata.
Digihost Technology ha anunciado su transformación a Digi Power X Inc., marcando un cambio estratégico en su identidad como empresa de infraestructura energética. El cambio de nombre entrará en vigor el 6 de marzo de 2025, acompañado de un nuevo símbolo de negociación 'DGX' en la TSX Venture Exchange, manteniendo 'DGHI' en Nasdaq.
El CEO Michel Amar enfatizó que el cambio de marca refleja la ambición de la empresa de liderar en el desarrollo de infraestructura energética sostenible y señala su compromiso de diversificar las ofertas para la computación y el procesamiento de datos de próxima generación. Las acciones con derecho de voto subordinadas de la empresa se negociarán bajo el nuevo nombre con números CUSIP (25380B102) y ISIN (CA25380B1022) actualizados.
Los accionistas actuales no necesitan realizar ninguna acción, ya que la estructura del capital social permanece sin cambios.
Digihost Technology는 Digi Power X Inc.로의 변화를 발표하며 에너지 인프라 회사로서의 정체성을 전략적으로 전환하고 있습니다. 이름 변경은 2025년 3월 6일에 발효되며, TSX 벤처 거래소에서 새로운 거래 기호 'DGX'와 함께 Nasdaq에서는 'DGHI'를 유지합니다.
CEO 미셸 아마르는 리브랜딩이 지속 가능한 에너지 인프라 개발에서 선도하려는 회사의 야망을 반영하며 차세대 컴퓨팅 및 데이터 처리에 대한 제품 다양화에 대한 의지를 나타낸다고 강조했습니다. 회사의 종속 투표 주식은 새로운 이름으로 거래되며 업데이트된 CUSIP (25380B102) 및 ISIN (CA25380B1022) 번호가 부여됩니다.
현재 주주들은 주식 자본 구조가 변경되지 않으므로 아무런 조치를 취할 필요가 없습니다.
Digihost Technology a annoncé sa transformation en Digi Power X Inc., marquant un changement stratégique dans son identité en tant qu'entreprise d'infrastructure énergétique. Le changement de nom prendra effet le 6 mars 2025, accompagné d'un nouveau symbole de négociation 'DGX' sur la TSX Venture Exchange tout en maintenant 'DGHI' sur le Nasdaq.
Le PDG Michel Amar a souligné que le rebranding reflète l'ambition de l'entreprise de devenir un leader dans le développement d'infrastructures énergétiques durables et signale son engagement à diversifier les offres pour l'informatique de nouvelle génération et le traitement des données. Les actions à droit de vote subordonné de l'entreprise seront échangées sous le nouveau nom avec des numéros CUSIP (25380B102) et ISIN (CA25380B1022) mis à jour.
Les actionnaires actuels n'ont besoin d'aucune action, car la structure du capital social reste inchangée.
Digihost Technology hat seine Transformation zu Digi Power X Inc. bekannt gegeben, was einen strategischen Wechsel in seiner Identität als Unternehmen für Energieinfrastruktur markiert. Die Namensänderung tritt am 6. März 2025 in Kraft und wird von einem neuen Handelssymbol 'DGX' an der TSX Venture Exchange begleitet, während 'DGHI' an der Nasdaq beibehalten wird.
CEO Michel Amar betonte, dass das Rebranding den Ehrgeiz des Unternehmens widerspiegelt, im Bereich der nachhaltigen Energieinfrastrukturentwicklung führend zu sein, und signalisiert ihr Engagement zur Diversifizierung des Angebots für die nächste Generation von Computing und Datenverarbeitung. Die stimmberechtigten Aktien des Unternehmens werden unter dem neuen Namen mit aktualisierten CUSIP (25380B102) und ISIN (CA25380B1022) gehandelt.
Aktuelle Aktionäre müssen keine Maßnahmen ergreifen, da die Struktur des Aktienkapitals unverändert bleibt.
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MIAMI, March 04, 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 filed a notice of name change to “Digi Power X Inc.” with the TSX Venture Exchange (the “Exchange”). As part of the name change, effective at the start of trading on March 6, 2025, Digi Power X Inc. will commence trading on the Exchange under the new symbol “DGX” and continue to trade on the Nasdaq Stock Market under the symbol “DGHI”.
Michel Amar, CEO of the Company, stated: “The name ‘Digi Power X’ reflects the aspirations of our company to be a leader in the development of sustainable energy infrastructure. This change comes at the perfect time, as we focus on our commitment to diversifying our company’s offerings and prepare to power the next generation of computing and data processing.”
The subordinate voting shares of the Company are expected to commence trading on the Exchange under the name “Digi Power X Inc.” on March 6, 2025, upon satisfying all applicable legal requirements. The Company’s ticker symbol “DGHI” will also change to “DGX” on the Exchange on or around this same date. Any changes in the future will be publicly disclosed.
No further action is required from current stockholders. There is no change in the share capital of the Company. The Company's new CUSIP number is 25380B102 and its new ISIN number is CA25380B1022.
For more information, please visit www.digihostpower.com.
About Digihost
Digihost is an innovative energy infrastructure company that develops cutting-edge data centers to drive the expansion of sustainable energy assets.
For further information, please contact:
Michel Amar, Chief Executive Officer
Digi Power X Inc.
www.digihostpower.com
Digihost Investor Relations
T: 888-474-9222
Email: IR@digihostpower.com
Cautionary Statement
Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Except for the statements of historical fact, this news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes information about potential further improvements to profitability and efficiency across mining operations, including, as a result of the Company’s expansion efforts, potential for the Company’s long-term growth and clean energy strategy, and the business goals and objectives of the Company. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to: future capital needs and uncertainty of additional financing; share dilution resulting from equity issuances; risks relating to the strategy of maintaining and increasing Bitcoin holdings and the impact of depreciating Bitcoin prices on working capital; effects on Bitcoin prices as a result of the most recent Bitcoin halving; development of additional facilities and installation of infrastructure to expand operations may not be completed on the timelines anticipated by the Company, or at all; ability to access additional power from the local power grid and realize the potential of the clean energy strategy on terms which are economic or at all; a decrease in cryptocurrency pricing, volume of transaction activity or generally, the profitability of cryptocurrency mining; further improvements to profitability and efficiency may not be realized; development of additional facilities to expand operations may not be completed on the timelines anticipated by the Company; ability to access additional power from the local power grid; an increase in natural gas prices may negatively affect the profitability of the Company’s power plant; the digital currency market; the Company’s ability to successfully mine digital currency on the cloud; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the volatility of digital currency prices; and other related risks as more fully set out in the Annual Information Form of the Company and other documents disclosed under the Company’s filings at www.sedarplus.ca and www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about: the current profitability in mining cryptocurrency (including pricing and volume of current transaction activity); profitable use of the Company’s assets going forward; the Company’s ability to profitably liquidate its digital currency inventory as required; historical prices of digital currencies and the ability of the Company to mine digital currencies on the cloud will be consistent with historical prices; the ability to maintain reliable and economical sources of power to run its cryptocurrency mining assets; the negative impact of regulatory changes in the energy regimes in the jurisdictions in which the Company operates; and there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.
FAQ
When will Digihost Technology (DGHI) start trading as Digi Power X on TSX Venture Exchange?
Will the DGHI stock symbol change on Nasdaq after the company name change?
What is the new CUSIP and ISIN number for Digi Power X (formerly DGHI)?
Do DGHI shareholders need to take any action due to the company name change?
Why is Digihost Technology changing its name to Digi Power X?
