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HIVE Digital closes unregistered sale of US$130 million 0% exchangeable notes due 2031

PUBT·06/30/2026 21:17:44
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HIVE Digital closes unregistered sale of US$130 million 0% exchangeable notes due 2031
  • HIVE Digital Technologies closed a private offering of US$130 million of 0% exchangeable senior notes due 2031 to qualified institutional buyers.
  • Notes exchange into common shares at 206.9429 shares per US$1,000, implying an initial exchange price of about US$4.83, a 27.5% premium.
  • Net proceeds estimated at about US$124.5 million, earmarked for AI and HPC expansion, including GPU purchases and data center development.
  • Cash-settled capped call transactions set an initial cap price of US$8.53 per share; HIVE expects to fund about US$15.7 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. HIVE Digital Technologies Ltd. published the original content used to generate this news brief on June 30, 2026, and is solely responsible for the information contained therein.