Hive Digital updates at-the-market equity program

HIVE Digital announces that it has entered into an equity distribution agreement with Stifel, as lead agent, and a syndicate of agents including Canaccord Genuity, Roth Canada, B. Riley Securities, and Northland Capital Markets. The Company, at its sole discretion, may sell up to $200M of common shares under the updated at-the-market equity program. The Company has the flexibility to terminate the Equity Distribution Agreement prior to reaching the $200 million in gross proceeds. Any use of proceeds will be aligned with the Company’s general corporate requirements, debt repayments and potential future acquisitions. Any common shares issued by the Company under the ATM Program will be sold by the Agents at the prevailing market price at the time of sale.