HIVE Digital completes $115 million zero-coupon exchangeable bond issuance, plans to transfer to the Toronto Stock Exchange

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ME News Message, April 22 (UTC+8), HIVE Digital (NASDAQ: HIVE)’s wholly owned subsidiary HIVE 26 Ltd. has successfully completed the private placement of $115 million zero-coupon exchangeable senior bonds, including a $15 million oversubscription. The bonds will mature in 2031, with an initial exchange price of $2.57 per share, representing a 17.5% premium over the latest trading price. At the same time, the company also completed a cash settlement cap subscription transaction, with a cap price of $4.92 per share, a 125% premium. In addition, HIVE Digital plans to transfer its shares from the TSX Venture Exchange to the Toronto Stock Exchange around 2026, with the specific timing to depend on when it meets the listing requirements. (Source: MLion)
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