Digi Power signs settlement agreement with Wainwright

Executive Summary

• Digi Power X Inc. has entered into a settlement agreement with H.C. Wainwright & Co. LLC to resolve disputed compensation related to a registered direct financing closed on July 23, 2025.
• The settlement requires Digi Power X to pay a cash fee of $840,001.20 and issue warrants to Wainwright.
• The warrants are exercisable for up to 269,231 subordinate voting shares at an exercise price of $2.85 per share for a five-year period, subject to TSX Venture Exchange approval.

Key Details

• Counterparty: H.C. Wainwright & Co. LLC
• Context: Settlement of disputed compensation regarding a registered direct financing closed on July 23, 2025.
• Cash Consideration: $840,000.12 (U.S.)
• Equity Consideration: Warrants exercisable for up to 269,231 subordinate voting shares.
• Warrant Terms:
  • Exercise Price: $2.85 (U.S.) per share
  • Duration: Five years from the date of issuance
• Regulatory Condition: All securities to be issued are subject to approval by the TSX Venture Exchange.