TORONTO, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHD), an innovative North American-based Bitcoin self-mining company, today announced that the Company has been approved to list on the Nasdaq Capital Market (“Nasdaq”), and that trading on Nasdaq is expected to begin on Monday, November 15, 2021, under the symbol “DGHI.” The ticker used for Digihost’s shares traded over-the-counter (OTC) under the current symbol “HSSHD” will seamlessly transition to the new ticker symbol “DGHI” on the first day of trading on Nasdaq. Digihost will also retain its listing on the TSX Venture Exchange under the symbol “DGHI.”
The Company expects the Nasdaq listing to enhance its investor profile and increase liquidity for its shareholders.
“A key goal of Digihost has been to provide our investors with greater liquidity through the listing of our shares on a major United States stock exchange. We believe that uplisting the Company’s shares from the OTC market to Nasdaq will also provide the Company with increased access to capital and institutional recognition. We are excited about this significant milestone for the Company and our shareholders and look forward to continuing to implement our growth strategy and building value for our shareholders,” commented Michel Amar, the Company’s CEO.
H.C. Wainwright & Co. served as advisor to Digihost in connection with the Nasdaq listing, and Katten Muchin Rosenman LLP represented the Company as U.S. legal counsel in connection with the Nasdaq listing. Peterson McVicar LLP serves as Canadian counsel to the Company.
About Digihost Technology Inc.
Digihost Technology Inc. is a growth-oriented blockchain technology company primarily focused on Bitcoin mining. Through its self-mining operations and joint venture agreements, the Company is currently hashing at a rate of 400PH with plans to expand to a hashrate of 3.6 EH by the end of 2022.
www.digihost.ca
https://www.globenewswire.com/news-release/2021/11/12/2333242/0/en/Digihost-to-Commence-Trading-on-Nasdaq-on-Monday-November-15.html