HIVE Digital plans to issue $75 million in exchangeable notes and has been approved to upgrade to the Toronto Stock Exchange main board
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HIVE Digital Technologies (NASDAQ: HIVE) announced plans to issue $75 million of zero-coupon convertible senior notes due 2031 through a private placement to qualified institutional buyers, with an additional $15 million overallotment option for initial purchasers. The proceeds will be used for GPU procurement, data center construction, and general corporate purposes.
Meanwhile, HIVE has received conditional listing approval from the Toronto Stock Exchange (TSX) and is expected to officially graduate from the TSX Venture Exchange to the TSX main board on April 30, 2026.
-- Price
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