Datacentrex Closes $20.17M Offering of 4.51M Shares and 5.76M Warrants
Datacentrex closed a public offering of 4,510,000 common shares and 5,757,000 pre-funded warrants at $2.00 each, raising $20.17 million gross. Net proceeds will support working capital and general corporate purposes, strengthening liquidity for its Scrypt compute infrastructure and strategic transactions across asset-backed operating businesses.
1. Offering Closing and Proceeds
Datacentrex closed its previously announced public offering of 4,510,000 common shares and 5,757,000 pre-funded warrants at a public offering price of $2.00 per share (inclusive of a $0.01 warrant exercise price), generating gross proceeds of $20.17 million before fees and expenses.
2. Use of Proceeds
The company plans to allocate net proceeds for working capital and general corporate purposes, enhancing its financial flexibility to support ongoing operations and potential strategic investments within its digital infrastructure portfolio.
3. Placement Agent and Registration
Dominari Securities LLC served as the exclusive placement agent for the offering, which was conducted under an effective Form S-3 shelf registration statement declared effective on May 30, 2025, with prospectus supplements filed on March 26 and March 30, 2026.
4. Company Overview
Datacentrex owns and operates Scrypt-based proof-of-work compute assets and manages a treasury of digital assets and cash, focusing on capital deployment across asset-backed operating businesses and monetizing hashrate through marketplace mechanisms.