HIVE Digital Technologies Ltd. amended its Articles of Incorporation to increase shareholder quorum to 33 1/3% for Nasdaq compliance and announced a $3.1 million fiber optic upgrade at BUZZ's Grand Falls Data Centre.
Key takeaways
Adopted Amendment on May 11, 2026, raising quorum from two shareholders to two persons holding 33 1/3% of common stock for Nasdaq compliance.
Amendment approved by shareholders at annual meeting.
BUZZ contracted fiber optic network overbuild at Grand Falls Data Centre with $3.1 million capital commitment over 5 years.
Upgrade includes high-capacity 100 Gbps and 400 Gbps connections, delivery starting Q3 2026.
Supports conversion of 70 MW powered site to 50 MW Tier III+ sovereign AI factory.
Funded partly by recent $115 million 0% exchangeable note issuance.