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Jun 18, 2026 4:10 PM

BlockchAIn Announces Full Exercise of Underwriter's Option to Purchase Additional Shares of Common Stock

NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) -- BlockchAIn Digital Infrastructure, Inc. (NYSE:AIB) ("BlockchAIn" or the "Company"), a developer and operator of digital infrastructure focused on artificial intelligence ("AI") workloads, today announced that the underwriter of its public offering of common stock has exercised in full its option to purchase an additional 4,999,999 shares of its common stock at the public offering price of $1.65 per share less the underwriting discounts and commissions, resulting in additional gross proceeds of approximately $8.25 million.

Including the full exercise of the option, the Company sold a total of 38,333,333 shares of its common stock in the offering, for aggregate gross proceeds of approximately $63.25 million, before deducting underwriting discounts and commissions and other offering expenses. The Company intends to use the net proceeds from the offering for working capital, capital expenditures relating to growing its business, and general corporate purposes.

Lucid Capital Markets acted as the sole book-running manager for the offering.

The shares of common stock issued as part of the underwritten public offering were offered pursuant to a registration statement on Form S-1 (File No. 333-296413), which was initially filed with the U.S. Securities and Exchange Commission ("SEC") on June 2, 2026 and declared effective on June 4, 2026. Copies of the final prospectus can be obtained for free on the SEC's website at www.sec.gov or by contacting Lucid Capital Markets, LLC, 570 ...