Big Digital Energy raises $15 million in Series D preferred stock sale linked to insiders
Big Digital Energy (NASDAQ: BGDE) raised $15.03 million through the issuance of 16,700 shares of newly designated Series D Convertible Preferred Stock to Six Thirty AI, a company controlled by its executive leadership team. The deal includes a five-year warrant for common stock and follows an announcement about a joint venture with 10NetZero for AI datacenter development in Texas.
Topics: AI datacenters fundraising preferred_stock