Digi Power X Inc. Enters into Amended and Restated At-the-Market Sales Agreement

Digi Power X Inc. has entered into an amended and restated at-the-market (ATM) sales agreement with A.G.P. / Alliance Global Partners. This agreement allows the company to offer and sell subordinate voting shares (SV Shares) up to an aggregate offering price of US$75 million. The shares will be sold through the agent in "at-the-market" offerings, primarily on the Nasdaq Capital Market, at prevailing market prices. The company intends to use the net proceeds for general corporate purposes, including funding operations, working capital, completing data center facilities, repaying debt, and potential acquisitions to expand power infrastructure and its AI/HPC network. The agreement is effective as of April 9, 2026, and supersedes the previous agreement from May 30, 2025. The company has also filed a material change report in Canada and a prospectus supplement with the SEC in connection with this ATM program. MLT Aikins LLP has provided a legal opinion on the validity of the SV Shares to be issued.