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BlockchAIn Announces Closing of $55 Million Public Offering of Common Stock

AIB
  • BlockchAIn Digital Infrastructure, Inc. (NYSE: AIB) closed its underwritten public offering of 33,333,334 shares at $1.65 per share for approximately $55 million in gross proceeds.
  • The company intends to use net proceeds for working capital, capital expenditures related to business growth, & general corporate purposes.
  • The underwriter was granted a 45-day option to purchase up to an additional 4,999,999 shares at the public offering price less underwriting discounts.
  • Lucid Capital Markets served as the sole book-running manager for the transaction.
  • The offering was made pursuant to an SEC Form S-1 registration statement initially filed on June 2, 2026, & declared effective on June 4, 2026.
  • BlockchAIn develops & operates digital infrastructure focused on AI hosting & high-performance computing workloads.