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HIVE Digital prices unregistered US$100 million exchangeable notes offering due 2031

PUBT·04/17/2026 01:50:35
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HIVE Digital prices unregistered US$100 million exchangeable notes offering due 2031
  • HIVE Digital priced a private offering of US$100 million of 0% exchangeable senior notes due 2031, upsized from US$75 million.
  • Initial purchasers received a 13-day option to buy up to an additional US$15 million of notes.
  • Notes are exchangeable into cash, HIVE common shares, or a combination at issuer election, with an initial exchange rate of 389,503 shares per US$1,000 principal amount.
  • Net proceeds estimated at about US$95 million, earmarked for capital investment including GPU purchases and data center development.
  • HIVE also entered capped call transactions with an initial cap price of US$4.92 per share to reduce dilution tied to potential exchanges.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HIVE Digital Technologies Ltd. published the original content used to generate this news brief on April 16, 2026, and is solely responsible for the information contained therein.