Host Digital Inc. Closes $17.5 Million Common Stock Offering to Fund Data Center Investments

Host Digital Inc. has completed an underwritten public offering of 2,187,500 shares of its Class A common stock at a public offering price of $8.00 per share, generating gross proceeds of approximately $17.5 million before deducting underwriting discounts, commissions and offering expenses. The closing marks a key step for the digital infrastructure company as it seeks to scale its data center development pipeline in the United States.

The company, formerly known as Healthy Choice Wellness Corp. and now trading on NYSE American under the ticker HOST, said it intends to use the net proceeds for data center investments, general and administrative expenses, capital expenditures, working capital and other general corporate purposes. The move underscores the growing capital demands facing developers of institutional-quality data centers, particularly those targeting artificial intelligence and high-performance computing workloads that require significant upfront investment in power, real estate and infrastructure.

Host Digital has granted the underwriters a 30-day option to purchase up to an additional 328,125 shares of common stock at the public offering price, less underwriting discounts and commissions. Cantor acted as lead book-running manager for the offering, while Siebert, A.G.P. and Clear Street served as joint book-running managers. The offering was made under the company's effective registration statement on Form S-3, with a final prospectus supplement filed with the Securities and Exchange Commission.

The capital raise comes as Host Digital pursues a strategy focused on owning and controlling the real estate, power and data center infrastructure underlying its projects. The company prioritizes sites with existing or near-term access to power, right-sized development opportunities and long-term contracts with strong or credit-enhanced counterparties. Its model is designed to provide turnkey facilities that allow tenants to select and deploy their own compute infrastructure and model layers, a structure that appeals to AI and HPC operators seeking flexibility.

Following its business combination with Host Digital Infrastructure LLC, the company also owns and operates a portfolio of natural and organic grocery stores through wholly owned subsidiaries, comprising 19 locations across six states under brands including Ada's Natural Market, Paradise Health & Nutrition, Mother Earth's Storehouse, Greens Natural Foods, Ellwood Thompson's and GreenAcres Market. The dual business model reflects a broader trend of diversified companies pivoting toward digital infrastructure as demand for AI-ready capacity continues to accelerate.

The offering highlights the continued appetite among public market investors for data center exposure, even as capital costs and power constraints shape project economics. For Host Digital, the proceeds provide balance sheet flexibility as it works to deliver capacity on schedule and execute on its development pipeline in a competitive landscape.