Host Digital launches $17.5M common stock offering

Host Digital launched an underwritten public offering of $17.5 million of Class A common stock. Underwriters have a 30-day option to buy up to an additional $2.6 million of shares. Net proceeds are earmarked for data center investments, capital spending, working capital, and general expenses. Cantor is leading the deal, joined by Siebert, A.G.P., and Clear Street as book-running managers.