11:17 AM EST, 02/07/2025 (MT Newswires) -- Digihost Technology ( DGHI ) shares were last seen up 11% after the company on Friday said it closed a private placement of share units that raised US$6.6 million.

The company placed 2.5-million million units in the financing, with each priced at US$2.64 each and made up of a share and a three-year warrant to buy a second share for US$3.66.

The data-center company said proceeds will be used for infrastructure expansion and working capital.

Digihost ( DGHI ) shares were last seen up $0.48 to $4.71 on the TSX Venture Exchange.

Price: 4.71, Change: +0.48, Percent Change: +11.35