Business
DigiPower X Announces Closing of Settlement
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":"DigiPower X Announces Closing of SettlementThis 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 / February 20, 2026 / DigiPower X Inc. (\"Digipower X\" or the \"Company\") (Nasdaq:DGXX)(TSXV:DGX), a vertically integrated AI infrastructure company focused on the deployment of Tier-3 modular data centers powered by owned and controlled energy assets, announces that its settlement, previously announced on January 9, 2026 (the \"Settlement\"), has closed. The Settlement received final approval by the TSX Venture Exchange on February 17, 2026. In connection with the Settlement, the Company issued 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.Stock Option GrantThe Company also announces the grant of a total of 200,000 stock options (the \"Stock Options\") to certain directors of the Company in accordance with the Company's stock option plan (the \"Plan\"). A total of 100,000 Stock Options are exercisable into subordinate voting shares of the Company at a price of US$2.60 per share and 100,000 Stock Options are exercisable into subordinate voting shares of the Company at a price of US$6.00 per share, with an expiry of January 30, 2031. The Stock Options vest fully on the date of grant and are subject to the terms and conditions of the Plan and the policies of the TSX Venture Exchange.About DigiPower XDigiPower 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 OfficerDigiPower 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) accep...