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

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Golden Finance reports that on April 22, HIVE Bermuda 2026 Ltd., a wholly owned subsidiary of HIVE Digital, completed a private placement of $115 million zero-coupon exchangeable senior bonds (including an over-allotment of $15 million), with the bonds maturing in 2031. The initial exchange price is approximately $2.57 per share, a 17.5% premium over the latest trading price; the company also completed a simultaneous 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 stock from the TSX Venture Exchange to the Toronto Stock Exchange around 2026, subject to meeting listing requirements.

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