8-K: Digi Power X Uplists to Cboe Canada

Digi Power X Inc. announced its subordinate voting shares will begin trading on Cboe Canada effective February 27, 2026, following a voluntary delisting from the TSX Venture Exchange.

Summary

• Digi Power X Inc. (Nasdaq: DGXX) is uplisting its subordinate voting shares to Cboe Canada, effective at market open on February 27, 2026.
• The company's shares will continue to trade under the symbol DGX on Cboe Canada and DGXX on Nasdaq.
• Digi Power X will voluntarily delist its shares from the TSX Venture Exchange (TSXV) at the close of market on February 26, 2026.
• Shareholders are not required to take any action in connection with the Cboe Canada listing.
• Digi Power X is described as a vertically integrated AI infrastructure company focused on deploying Tier-3 modular data centers powered by owned and controlled energy assets.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, reflecting a strategic move to enhance market presence and potentially liquidity. The company's focus on AI infrastructure and sustainable energy is favorable, though standard operational and market risks are noted.

Positives

• Uplisting to Cboe Canada may enhance visibility and liquidity for the company's shares.
• Continued listing on Nasdaq maintains access to a major U.S. exchange.
• The company's strategic focus on AI infrastructure and sustainable energy assets aligns with growing industry trends.

Negatives

• The voluntary delisting from the TSX Venture Exchange means shares will no longer trade on that platform.

Risks

• Completion and timing of the uplisting may not occur as anticipated.
• Delivery of equipment and implementation of systems may not occur on anticipated timelines or at all.
• Future capital needs and uncertainty of additional financing could impact operations.
• Share dilution may result from future equity issuances.
• Risks relate to the strategy of maintaining and increasing Bitcoin holdings and the potential negative impact of depreciating Bitcoin prices on working capital.
• Statements regarding the timing, scale, and expansion of AI and high-performance computing infrastructure are subject to change.
• Changes in demand for AI and high-performance computing could affect business prospects.
• Future data center capacity may not be realized at the anticipated level or at all.
• Development of additional facilities and installation of infrastructure to expand operations may not be completed on anticipated timelines or at all.
• Ability to access additional power from the local power grid is not guaranteed.
• The company may not be able to profitably liquidate its current digital currency inventory, or at all.
• A decline in digital currency prices may have a significant negative impact on operations.
• The volatility of digital currency prices poses a risk to the company's financial health.
• Trading in the company's securities should be considered highly speculative.

Future Outlook

The company anticipates the completion and timing of the uplisting, potential contributions from a new advisor to strategic efforts, further improvements to profitability and efficiency across operations, including from expansion efforts, and potential for long-term growth and a clean energy strategy. It also outlines business goals and objectives related to these areas.

Management Comments

• Digi Power X is pleased to announce its uplisting to Cboe Canada.

Industry Context

StockSavvy.ai notes that uplisting to a more prominent exchange like Cboe Canada can often signal a company's growth and maturity, potentially attracting a broader investor base and improving liquidity. For an AI infrastructure company, this move could enhance its profile within the rapidly expanding AI and high-performance computing sectors, where access to capital and investor confidence are crucial for scaling operations and developing sustainable energy assets.

Stakeholder Impact

• Shareholders will experience a change in the primary Canadian trading venue, potentially impacting liquidity and market perception.
• The company's strategic direction towards AI infrastructure and sustainable energy could benefit long-term growth, impacting employees and customers through expanded operations and services.

Next Steps

• Trading of subordinate voting shares on Cboe Canada under the symbol DGX will commence at market open on February 27, 2026.
• Continued listing and trading on Nasdaq under the symbol DGXX.

Key Dates

Recommendation

The uplisting to Cboe Canada is a strategic positive, potentially improving market visibility and liquidity. However, this filing does not contain new financial performance data or significant operational updates that would warrant a 'buy' or 'sell' recommendation. It's a structural change that supports the company's growth trajectory, suggesting a 'hold' while awaiting further financial results or operational milestones.

Keywords

Digi Power X, DGXX, DGX, Cboe Canada, Nasdaq, Uplisting, AI infrastructure, data centers, energy assets, TSX Venture Exchange, Bitcoin, digital currency