AI infrastructure funding secured
BlockchAIn Digital Infrastructure Prices $55 Million Stock Offering to Expand AI Hosting and Computing Infrastructure
BlockchAIn Digital Infrastructure, Inc. (AIB) priced an underwritten public offering of 33,333,334 shares of common stock at $1.65 per share, raising approximately $55 million in gross proceeds. The company said it plans to use the net proceeds to support working capital, capital expenditures to expand its business, and general corporate purposes, including building out AI hosting and high-performance computing digital infrastructure. All shares in the base offering will be sold by the company, and the underwriter has been granted a 45-day option to purchase up to an additional 4,999,999 shares. The offering is expected to close around June 8, 2026, subject to customary closing conditions, with Lucid Capital Markets acting as the sole book-running manager and the SEC having declared the related registration statement effective.
Key Points
The company said the approximately $55 million figure represents total gross proceeds, “before deducting underwriting discounts and commissions and other offering expenses.”
The underwriter’s 45-day option is exercisable to buy up to an additional 4,999,999 shares at “the public offering price less the underwriting discounts and commissions,” rather than simply at the $1.65 public offering price.
The SEC effective registration relates to a specific filing: “Form S-1 (File No. 333-296413),” declared effective June 4, 2026.
The press release included distribution details for the final prospectus, noting it may be obtained “for free on the SEC’s website at www.sec.gov,” and that copies may also be obtained from Lucid Capital Markets, LLC at “570 Lexington Avenue, 40th Floor, New York, NY 10022.”
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