# Ionic Digital Inc. — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_ae02635d73d3859121fa · retrieved 2026-08-12T21:19:00.986Z

## Overview
Ionic Digital is a digital infrastructure solutions and cryptocurrency mining company that leases powered data center assets to hyperscalers and enterprises for AI and HPC workloads, while operating bitcoin mining operations across five facilities in Texas.

On June 26, 2026, Ionic Digital sold 7,547,166 shares of Series A convertible preferred stock at $53.00 per share and 3,018,858 warrants (in three tranches at exercise prices of $63.60, $74.20, and $87.45 per share) to institutional accredited investors for an aggregate purchase price of $400.0 million before transaction fees. The Series A Preferred Stock automatically converts to Class A common stock upon the company's listing on Nasdaq or another national securities exchange. The company expects its Class A common stock to begin trading on Nasdaq under the symbol "IOND" on or about July 28, 2026, via a direct listing (not an underwritten IPO). Investors are subject to a six-month lock-up on resales at prices below $70.00 per share following the listing.

## Terms
- Counterparty: Institutional accredited investors · Deal value: $400.0M · Consideration: cash · Price/share: $53

## Key dates
- Announced 2026-07-28 · Expected close 2026-07-28

## Timeline
- 2026-07-28 · 424B4 (0001185185-26-003152): 424B4 - Ionic Digital Inc. — *Ionic Digital is a digital infrastructure solutions and cryptocurrency mining company that leases powered data center assets to hyperscalers and enterprises for AI and HPC workloads, while operating bitcoin mining operations across five facilities in Texas.* On June 26, 2026, Ionic Digital sold 7,547,166 shares of Series A convertible preferred stock at $53.00 per share and 3,018,858 warrants (in three tranches at exercise prices of $63.60, $74.20, and $87.45 per share) to institutional accredited investors for an aggregate purchase price of $400.0 million before transaction fees. The Series A Preferred Stock automatically converts to Class A common stock upon the company's listing on Nasdaq or another national securities exchange. The company expects its Class A common stock to begin trading on Nasdaq under the symbol "IOND" on or about July 28, 2026, via a direct listing (not an underwritten IPO). Investors are subject to a six-month lock-up on resales at prices below $70.00 per share following the listing.
  https://www.sec.gov/Archives/edgar/data/2007691/0001185185-26-003152.txt

## Citations
- 0001185185-26-003152 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000118518526003152