Business
Digi Power X Announces Entry into Settlement Agreement
This news release constitutes a "designated news release" for the purposes of the Company's amend...
About this update from Digi Power X Inc.
[{"type":"text","content":"Digi Power X Announces Entry into Settlement AgreementThis news release constitutes a \"designated news release\" for the purposes of the Company's amended and restated prospectus supplement dated November 18, 2025, to its short form base shelf prospectus dated May 15, 2025. MIAMI, FL / ACCESS Newswire / January 9, 2026 / Digi Power X Inc. (\"Digi Power X\" or the \"Company\") (Nasdaq:DGXX)(TSXV:DGX), an innovative energy infrastructure company, today announced that it has entered into a settlement agreement (the \"Agreement\") with H.C. Wainwright & Co., LLC (\"Wainwright\") related to certain disputed compensation in connection with the registered direct financing the Company closed on July 23, 2025.Pursuant to the Agreement, Digi Power X agreed to pay a cash fee of US$840,000.12 and to issue to Wainwright a warrant exercisable for up to an aggregate of 269,231 of the Company's subordinate voting shares at a price of US$2.85 per share for a period of five years from the date of issuance. All securities to be issued pursuant to the Agreement will be subject to the approval of the TSX Venture Exchange.About Digi Power XDigi Power X is an innovative energy infrastructure company that develops Tier III-certified modular AI data centers and drives the expansion of sustainable energy assets.For further information, please contact:Michel Amar, Chief Executive OfficerDigi Power X Inc.www.digipowerx.comInvestor RelationsT: 888-474-9222Email: [email protected] StatementTrading 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 StatementsExcept 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 inclu...