DTCX · Datacentrex, Inc.

Datacentrex, Inc. successfully completed a public offering, raising approximately $20.2 million in gross proceeds to bolster working capital and general corporate operations. The financing structure involved the sale of common stock at $2.00 per share and pre-funded warrants at $1.99, allowing investors immediate exposure to the equity with a nominal exercise price of $0.01. The offering was facilitated by Dominari Securities LLC, which received standard placement agent compensation including an 8% cash fee, 1% non-accountable expense fee, and warrants to purchase 806,800 shares, aligning the agent's interests with the Company's equity performance. Concurrently, the Company amended its Series A Preferred Stock certificate of designation, adjusting the conversion rate from 15 to 23 shares of Common Stock and reducing the reference rate to $2.00, effectively accommodating the new offering price. The transaction included a six-month lock-up period for officers and directors, signaling management's commitment to the Company's stability post-offering. This capital injection provides necessary liquidity for the Company's digital infrastructure and capital deployment strategies.