Host Digital launches USD 17.5 million common stock offering
HOST•Underwritten offering announced
Host Digital launched an underwritten public offering of USD 17.5 million of Class A common stock.
Underwriters also have a 30-day option to buy up to an additional USD 2.6 million of shares.
Use of proceeds and deal managers
Net proceeds are earmarked for data center investments, capital spending, working capital, and general expenses.
Cantor is leading the deal, with Siebert, A.G.P. and Clear Street serving as book-running managers.
