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Olenox closes acquisition of CS Digital Ventures for US$30 million

PUBT·05/28/2026 12:31:15
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Olenox closes acquisition of CS Digital Ventures for US$30 million
  • Olenox Industries closed its acquisition of CS Digital Ventures, creating an off-grid, gas-powered platform for energy-intensive data centers and next-generation compute.
  • Upfront consideration totaled USD 30 million, split between USD 14 million of Series D Preferred Stock and a USD 16 million unsecured promissory note.
  • Sellers also received warrants for 1,500,000 common shares in three 500,000-share tranches at USD 5, USD 7, USD 9 exercise prices.
  • Milestone-based consideration includes up to an additional USD 20 million of Series D Preferred Stock tied to cumulative revenue and Adjusted EBITDA.
  • CS Digital brings about 35 MW of installed capacity, 2025 revenue of USD 20.6 million, 2025 EBITDA of USD 6.2 million.


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. Olenox Industries Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605280830ACCESSWRNAPR_____1171302) on May 28, 2026, and is solely responsible for the information contained therein.