BlockchAIn Announces Full Exercise of Underwriter's Option to Purchase Additional Shares of Common Stock

BlockchAIn Digital Infrastructure Inc. (NYSE: AIB) announced that underwriters fully exercised their option to purchase an additional 4,999,999 shares at $1.65 per share, generating approximately $8.25 million in additional gross proceeds. Combined with the initial offering, the company sold 38,333,333 shares for total gross proceeds of approximately $63.25 million. The company plans to use net proceeds for working capital, capital expenditures, and general corporate purposes.