07:52 AM EDT, 06/05/2026 (MT Newswires) -- BlockchAIn Digital Infrastructure ( AIB ) priced an underwritten public offering of 33.3 million shares at $1.65 each, expected to raise about $55 million in gross proceeds, the company said Friday.

Underwriters were granted a 45-day option to purchase an additional 5 million shares, the company said.

The company said it plans to use the net proceeds for working capital, capital expenditures and general corporate purposes as it expands its AI workload infrastructure business.

The offering is expected to close on Monday, it added.

BlockchAIn Digital Infrastructure ( AIB ) shares were down 13% in premarket activity.