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GlobeNewsWire
12 days ago
BlockchAIn Announces Full Exercise of Underwriter's Option to Purchase Additional Shares of Common Stock
NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) -- BlockchAIn Digital Infrastructure, Inc. (NYSE American: AIB) ("BlockchAIn" or the "Company"), a developer and operator of digital infrastructure focused on artificial intelligence ("AI") workloads, today announced that the underwriter of its public offering of common stock has exercised in full its option to purchase an additional 4,999,999 shares of its common stock at the public offering price of $1.65 per share less the underwriting discounts and commissions, resulting in additional gross proceeds of approximately $8.25 million. Including the full exercise of the option, the Company sold a total of 38,333,333 shares of its common stock in the offering, for aggregate gross proceeds of approximately $63.25 million, before deducting underwriting discounts and commissions and other offering expenses.