# EDGAR Filing Document

**Accession Number:** 0001854368
**File Stem:** 0001213900-26-054026
**Filing Date:** 2026-5
**Character Count:** 20537
**Document Hash:** 162a700071dcd55187b19a03ccba5592
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-054026.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0001213900-26-054026

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260508

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260508

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Digi Power X Inc.
- **CENTRAL INDEX KEY:** 0001854368
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40527
- **FILM NUMBER:** 26959931

**BUSINESS ADDRESS:**
- **STREET 1:** 110 YONGE STREET, SUITE 1601
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 1T4
- **BUSINESS PHONE:** 647-259-1790

**MAIL ADDRESS:**
- **STREET 1:** 110 YONGE STREET, SUITE 1601
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5C 1T4

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Digihost Technology Inc.
- **DATE OF NAME CHANGE:** 20210331

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **May 8, 2026**

**Digi Power X Inc.**

(Exact name of registrant as specified in its charter)

**British Columbia, Canada**

(State or other jurisdiction of incorporation)

---

| | |
|:---|:---|
| **001-40527** | **Not Applicable** |
| (Commission File Number) | (IRS Employer Identification No.) |

---

**110 Yonge Street, Suite 1601**

**Toronto, Ontario M5C 1T4**

(Address of principal executive offices and zip code)

**(818) 280-9758**

(Registrant's telephone number, including area code)

**N/A**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□ Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)

□ Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)

□ Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))

□ Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Subordinate Voting Shares | DGXX | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).<br>Emerging growth company ☒<br>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐<br>

**Item 7.01. Regulation FD Disclosure.**

On May 8, 2026, Digi Power X Inc. (the "Company") filed with the Canadian Securities Regulatory Authorities on the System for Electronic Data Analysis and Retrieval + a material change report (the "Material Change Report") that included a copy of a press release announcing the upsizing of the Company's at-the-market offering. A copy of the Material Change Report is attached as Exhibit 99.1 to this Current Report on Form 8-K (this "8-K") and is incorporated herein by reference.

The information contained in this Item 7.01 and Exhibit 99.1 attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

**Item 8.01. Other Events.** 

On May 8, 2026, the Company filed with the Securities and Exchange Commission (the "SEC") a prospectus supplement to the base prospectus and the accompanying preliminary prospectus supplement included in the Company's registration statement on Form S-3 (File No. 333-294953), filed with the SEC on April 9, 2026 (the "Registration Statement"), covering the offer and sale from time to time of up to an aggregate of $175,000,000 of shares of the Company's common stock, no par value per share ("Shares"), which includes the $75,000,000 of Shares covered by the prior prospectus supplement (of which $72,363,650 have been sold prior to the date of this 8-K).

A copy of the legal opinion of MLT Aikins LLP relating to the validity of the Shares is filed herewith as Exhibit 5.1 and is incorporated herein by reference, and is filed with reference to, and is hereby incorporated by reference into, the Registration Statement.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit**<br> **Number** | **Description** |
| 5.1 | [Opinion of MLT Aikins LLP](ea028980501ex5-1.htm) |
| 23.1 | [Consent of MLT Aikins LLP (contained in Exhibit 5.1)](ea028980501ex5-1.htm) |
| 99.1 | [Material Change Report, dated May 8, 2026](ea028980501ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
|  | **DIGI POWER X INC.** | **DIGI POWER X INC.** | **DIGI POWER X INC.** |
|  | By: | /s/ Michel Amar | /s/ Michel Amar |
|  |  | Name: | Michel Amar |
|  |  | Title: | Chief Executive Officer |
| Date: May 8, 2026 |  |  |  |

---

## Exhibit 5.1

**Exhibit 5.1**

May 8, 2026

Digi Power X Inc.

110 Yonge Street, Suite 1601

Toronto, Ontario M5C 1T4

Dear Sirs/Mesdames:

Re: <u>Digi Power X Inc. At-the-Market Offering Program</u>

We have acted as counsel to Digi Power X Inc., a company governed by the *Business Corporations Act* (British Columbia) (the "**Issuer**"), in connection with the filing of a prospectus supplement dated the date hereof (the "**Prospectus Supplement**") to a base prospectus (the "**Base Prospectus**") and registration statement on Form S-3 (the "**Registration Statement**") each filed by the Issuer with the U.S. Securities and Exchange Commission (the "**Commission**") on April 9, 2026. The Prospectus Supplement has been filed with the Commission pursuant to Rule 424(b)(5) promulgated under the Securities Act of 1933, as amended. The Prospectus Supplement relates to an at-the-market offering (the "**Offering**") by the Issuer of such number of subordinate voting shares of the Issuer ("**Shares**") having an aggregate offering price of up to US$175,000,000 to be sold pursuant to an amended and restated sales agreement dated April 9, 2026 by and between A.G.P./Alliance Global Partners, in its capacity as agent (the "**Agent**"), and the Issuer (the "**Sales Agreement**").

For the purposes of this opinion letter, we have examined and relied upon originals or copies of the following documents (collectively, the "**Corporate Documents**"):

&nbsp;&nbsp;&nbsp;&nbsp;(a) a certificate of good standing issued by the British Columbia Registrar of Companies with respect to the Issuer dated May 8, 2026;

&nbsp;&nbsp;&nbsp;&nbsp;(b) certificate of a senior officer of the Issuer dated May 8, 2026 (the "**Officer's Certificate** ");

&nbsp;&nbsp;&nbsp;&nbsp;(c) the certificate of incorporation and the articles of the Issuer attached to the Officer's Certificate; and

&nbsp;&nbsp;&nbsp;&nbsp;(d) certain resolutions of the Issuer's directors relating to the Offering attached to the Officer's Certificate.

We have relied upon the Corporate Documents as to the matters provided for in them, without independent investigation, for purposes of providing our opinions expressed below. We have not conducted a review of the minute books of the Issuer.

In examining all documents and in providing our opinions below we have assumed that:

&nbsp;&nbsp;&nbsp;&nbsp;(a) all individuals had the requisite legal capacity;

&nbsp;&nbsp;&nbsp;&nbsp;(b) all signatures are genuine;

&nbsp;&nbsp;&nbsp;&nbsp;(c) all documents submitted to us as originals are complete and authentic and all photostatic, certified, telecopied, notarial or other copies conform to the originals;

&nbsp;&nbsp;&nbsp;&nbsp;(d) all facts set forth in the official public records, certificates and documents supplied by public officials or otherwise conveyed to us by public officials are complete, true and accurate as of the date hereof;

&nbsp;&nbsp;&nbsp;&nbsp;(e) the certificate of incorporation is conclusive evidence that the Issuer is incorporated under the *Business Corporations Act* (British Columbia);

&nbsp;&nbsp;&nbsp;&nbsp;(f) all facts set forth in the certificates supplied by the respective officers and directors of the Issuer including, without limitation, the Officer's Certificate are complete, true and accurate as of the date hereof;

&nbsp;&nbsp;&nbsp;&nbsp;(g) no order, ruling or decision of any court or regulatory or administrative body is in effect at any relevant time that restricts the issuance of the Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;(h) there is no non Canadian law that would affect the opinion expressed herein; and

&nbsp;&nbsp;&nbsp;&nbsp;(i) the Sales Agreement (i) has been duly authorized, executed and delivered by all parties thereto other
than the Issuer (the "**Other Parties** "), and such Other Parties had the capacity to do so; (ii) constitutes a legal,
valid and binding obligation of all Other Parties thereto; (iii) is enforceable in accordance with its terms against all Other Parties
thereto; and (iv) is governed by the laws of the State of New York.

Our opinions set forth below are expressed only with respect to the laws of the Province of British Columbia and the laws of Canada applicable therein in effect on the date of this opinion letter. Any reference to the laws of British Columbia includes the laws of Canada that apply in British Columbia. We have no responsibility or obligation to (i) update this opinion letter, (ii) take into account or inform the addressees or any other person of any changes in law, facts or other developments subsequent to this date that do or may affect the opinions we express or (iii) advise the addressees or any other person of any other change in any matter addressed in this opinion letter. Nor do we have any responsibility or obligation to consider the applicability or correctness of this opinion letter to any person other than the addressees.

Whenever our opinion with respect to the existence or absence of facts or circumstances is qualified by the expression, "to our knowledge" or words to like effect, it is based solely on (i) actual knowledge of current partners and associates directly involved in the Offering learned during the course of representing the Issuer and (ii) a review of the Corporate Documents referred to above. We have not undertaken any other investigation.

Based on the above, and subject to the qualifications below, we are of the opinion that on the date hereof, the Shares, when issued, sold and delivered in the manner and for the consideration set forth in, and in accordance with the Sales Agreement and the Corporate Documents, upon payment of the consideration provided therein to the Issuer, will be validly issued as fully paid and non-assessable subordinate voting shares in the capital of the Issuer.

We hereby consent to the use of our name under the heading "Legal Matters" in the Prospectus. We also hereby consent to the filing of this opinion letter with the Commission as an exhibit to the Registration Statement and to the Issuer's Current Report on Form 8-K being filed on the date hereof and incorporated by reference into the Registration Statement. In giving this consent, we do not thereby admit that we are in the category of persons whose consent is required under the *Securities Act of 1933*, as amended, or the rules and regulations promulgated thereunder.

Where our opinion refers to securities to be issued as being "fully paid and non-assessable", such opinion assumes that all required consideration (in whatever form) has or will be paid or provided and no opinion is expressed as to the adequacy of any such consideration paid or provided.

This opinion letter is solely for the benefit of the addressee and not for the benefit of any other person. It is rendered solely in connection with the Offering. It may not be quoted, in whole or in part, or otherwise referred to or used for any purpose without our prior written consent.

Yours truly,

/s/ MLT Aikins LLP

## Exhibit 99.1

**Exhibit 99.1**

**FORM 51-102F3**

**MATERIAL CHANGE REPORT**

**Item 1 Name and Address of Company**

Digi Power X Inc.

218 NW 24th Street, 2nd Floor

Miami, Florida, 33127

 **Item 2 Date of Material Change** 

May 8, 2026

 **Item 3 News Release** 

The press release attached as Schedule "A" was released on May 8, 2026 through an approved Canadian newswire service.

 **Item 4 Summary of Material Change** 

The material change is described in the press release attached as Schedule "A".

 **Item 5 Full Description of Material Change**

The material change is described in the press release attached as Schedule "A".

**Item 6 Reliance of subsection 7.1(2) of National Instrument 51-102**

Not applicable.

**Item 7 Omitted Information**

Not applicable.

**Item 8 Executive Officer**

Inquiries in respect of the material change referred to herein may be made to:

Michel Amar, Chief Executive Officer

T: 1-818-280-9758

E: michel@digihostblockchain.com

**Item 9 Date of Report**

May 8, 2026

**SCHEDULE "A"**

**DIGI POWER X INC.**

Nasdaq: DGXX \| Cboe Canada: DGX

*A Vertically Integrated AI Infrastructure Company*

**Digi Power X Announces Upsizing of At-the-Market Offering Program**

**MIAMI, FL – May 8, 2026 –** Digi Power X Inc. (Nasdaq: DGXX / Cboe Canada: DGX) (the "Company"), an AI data center infrastructure operator, today announced the upsizing by US$100 million of the previously announced "at-the-market" equity offering program (the "**ATM Equity Program**") established with A.G.P./Alliance Global Partners (the "**Agent**") pursuant to an amended and restated sales agreement dated April 9, 2026 (the "**ATM Agreement**").

On May 8, 2026, the Company filed a prospectus supplement to increase the size of the ATM Equity Program pursuant to which the Company may offer and sell, from time to time through the Agent, subordinate voting shares of the Company ("**SV Shares**") having an aggregate offering price of up to US$175 million. Sales of SV Shares, if any, in the ATM Equity Program are anticipated to be made in transactions that are deemed to be "at the market offerings" as defined in Rule 415(a)(4) under the U.S. Securities Act of 1933, as amended, directly on the Nasdaq Capital Market or another trading market for the SV Shares in the United States at the market price prevailing at the time of each sale. No SV Shares will be offered or sold under the ATM Equity Program in Canada, to anyone known by the Agent to be a resident of Canada or over or through the facilities of Cboe Canada or any other exchange or market in Canada. The ATM Equity Program may be terminated by either party at any time.

The Company intends to use the net proceeds of the ATM Equity Program, if any, primarily for general corporate purposes, including funding ongoing operations and/or working capital requirements, completing construction on the Company's Tier 3 data center facilities, repaying indebtedness outstanding from time to time, and completing potential acquisitions to expand power infrastructure capacity and build out its planned AI and HPC network.

For additional information on the ATM Equity Program, please see the Company's press releases of May 30, 2025, November 18, 2025 and April 9, 2026.The prospectus supplement is available on the SEC's EDGAR website at www.sec.gov/EDGAR.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States or in any jurisdiction where the offer, sale or solicitation would be unlawful. The SV Shares referred to in this news release may not be offered or sold in the United States absent registration or an applicable exemption from registration.

**About Digi Power X** 

Digi Power X is an AI infrastructure company, operating a vertically integrated portfolio of power assets and data center capacity across Alabama, New York, and North Carolina, with approximately 400 MW of secured power across its sites. The Company's NeoCloudz platform delivers GPU-as-a-Service on dedicated, bare metal NVIDIA infrastructure. For more information, visit www.digipowerx.com.

**Investor Relations**

**For further information, please contact:**

Michel Amar, Chief Executive Officer

Digi Power X Inc.

www.digipowerx.com

**Investor Relations:** T: 888-474-9222 \| Email: IR@digihostpower.com

**Cautionary Statement**

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Cboe Canada does not accept responsibility for the adequacy or accuracy of this release.

**Forward-Looking Statements**

Except for the statements of historical fact, this news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") that are based on expectations, estimates and projections as at the date of this news release and are covered by safe harbors under Canadian and United States securities laws. Forward-looking information in this news release includes statements regarding the business of the Company. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "goals,' "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking information is subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: future capital needs and uncertainty regarding the Company's ability to raise additional capital; costs associated with the development, manufacturing and deployment of AI infrastructure; global demand for AI computing infrastructure; further improvements to profitability and efficiency may not be realized; and other related risks, some of which are more fully set out in the Company's annual report on Form 10-K for the year ended December 31, 2025 and other documents disclosed in the Company's filings at www.sedarplus.ca and in the Company's annual, quarterly and current reports filed with the SEC on its website, www.SEC.gov/EDGAR. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainties therein. The Company undertakes no obligation to revise or update any forward-looking information other than as required by applicable law.