BlockchAIn Digital Infrastructure, Inc. announced that the underwriter of its public offering has fully exercised its option to purchase additional shares, resulting in additional gross proceeds of approximately $8.25 million. The underwriter purchased 4,999,999 shares of common stock at the public offering price of $1.65 per share, less underwriting discounts and commissions. This capital raise supports the company's focus on developing and operating digital infrastructure for artificial intelligence (AI) workloads.

Including the full exercise of the option, the company sold a total of 38,333,333 shares of its common stock in the offering. The aggregate gross proceeds amount to approximately $63.25 million before deducting underwriting discounts, commissions, and other offering expenses. BlockchAIn intends to use the net proceeds for working capital, capital expenditures to grow its business, and general corporate purposes.

Lucid Capital Markets acted as the sole book-running manager for the offering. The shares were issued pursuant to a registration statement on Form S-1 (File No. 333-296413), which was initially filed with the U.S. Securities and Exchange Commission (SEC) on June 2, 2026, and declared effective on June 4, 2026.

Offering Details

BlockchAIn is a developer and operator of digital infrastructure focused on AI hosting and high-performance computing workloads. The company's platform combines access to reliable, scalable power resources with modular infrastructure deployment designed to accelerate the development of next-generation compute capacity.

BlockchAIn Digital Infrastructure, Inc. announced on June 15, 2026, that it will change its corporate name to AIB Data Centers Inc. effective June 25, 2026, marking a strategic shift towards artificial intelligence and high-performance computing infrastructure. The rebranding reflects the company's evolution from its historical roots in digital asset infrastructure to developing next-generation data centers. Trading under the new name is scheduled to begin on June 26, 2026. The company's common stock will continue to trade on the NYSE American under the existing ticker symbol "AIB."

The name change aligns with its current strategy of supporting AI, HPC, and other advanced computing applications. "Our transformation over the past several years has positioned the Company to capitalize on the growing demand for AI and high-performance computing infrastructure," said Jerry Tang, Chief Executive Officer of the Company. "The AIB Data Centers name more accurately reflects who we are today, our long-term strategy, and our commitment to developing critical infrastructure for the next generation of computing workloads."

Key Details of the Rebranding

The transition underscores the company's commitment to expanding its footprint in the AI infrastructure sector. The name change does not affect the company's corporate structure, management team, board of directors, operations, or strategic priorities. Stockholders are not required to take any action in connection with the name change.