We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hut 8 Corporation | NASDAQ:HUT | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.34 | 4.17% | 8.50 | 6.98 | 12.50 | 8.63 | 8.221 | 8.43 | 1,644,667 | 05:00:09 |
|
New Issue
|
| |
September 15, 2021
|
|
| | |
Price to the
Public |
| |
Underwriters’
Fee(1) |
| |
Net Proceeds to the
Corporation(2) |
|
Per Offered Share
|
| | US$8.55 | | | US$0.4489 | | | US$8.1011 | |
Total(3) | | | US$150,052,500 | | | US$7,878,195 | | | US$142,174,305 | |
|
Underwriters’ Position
|
| |
Maximum Size
|
| |
Exercise Period
|
| |
Exercise Price
|
|
|
Over-Allotment Option
|
| |
2,632,500 Additional
Securities |
| |
Up to 30 days following the Closing Date
|
| |
US$8.55 per Additional Security
|
|
| | | | | S-2 | | | |
| | | | | S-3 | | | |
| | | | | S-4 | | | |
| | | | | S-4 | | | |
| | | | | S-4 | | | |
| | | | | S-5 | | | |
| | | | | S-5 | | | |
| | | | | S-6 | | | |
| | | | | S-6 | | | |
| | | | | S-8 | | | |
| | | | | S-16 | | | |
| | | | | S-16 | | | |
| | | | | S-17 | | | |
| | | | | S-17 | | |
| | | | | 1 | | | |
| | | | | 1 | | | |
| | | | | 2 | | | |
| | | | | 2 | | | |
| | | | | 2 | | | |
| | | | | 3 | | | |
| | | | | 4 | | | |
| | | | | 5 | | | |
| | | | | 5 | | | |
| | | | | 12 | | | |
| | | | | 12 | | |
| | |
Six Months ended
June 30, 2021 |
| |
Six Months ended
June 30, 2020 |
| |
Year ended
December 31, 2020 |
| |
Year ended
December 31, 2019 |
| ||||||||||||
| | |
(expressed in Canadian dollars)
|
| |||||||||||||||||||||
High
|
| | | | 1.2828 | | | | | | 1.4496 | | | | | | 1.4496 | | | | | | 1.3600 | | |
Low
|
| | | | 1.2040 | | | | | | 1.2970 | | | | | | 1.2718 | | | | | | 1.2988 | | |
Average
|
| | | | 1.2470 | | | | | | 1.3651 | | | | | | 1.3415 | | | | | | 1.3269 | | |
Closing
|
| | | | 1.2394 | | | | | | 1.3628 | | | | | | 1.2732 | | | | | | 1.2988 | | |
| | |
As at June 30, 2021
|
| |
As at June 30, 2021 after
giving effect to the Offering(1) |
|
Long Term Debt
|
| |
nil
|
| |
—
|
|
Share capital (unlimited authorized)
|
| |
C$349,405,793
|
| |
C$528,785,769
|
|
Warrants
|
| |
44,536,293
|
| |
44,536,293
|
|
Contributed surplus
|
| |
6,639,176
|
| |
6,639,176
|
|
Accumulated Deficit
|
| |
(100,455,241)
|
| |
(100,455,241)
|
|
Accumulated other comprehensive income
|
| |
48,215,439
|
| |
48,215,439
|
|
Total shareholders’ equity
|
| |
348,341,460
|
| |
527,721,436
|
|
Total capitalization
|
| |
C$348,341,460
|
| |
C$527,721,436
|
|
| | |
(143,274,237
Common Shares) |
| |
(160,824,237 Common
Shares) |
|
Underwriter
|
| |
Number of Offered Shares
|
| |||
Canaccord Genuity Corp.
|
| | | | 7,020,000 | | |
Canaccord Genuity LLC
|
| | | | 7,020,000 | | |
Stifel Nicolaus Canada Inc.
|
| | | | 2,193,750 | | |
Craig-Hallum Capital Group LLC
|
| | | | 1,316,250 | | |
Total | | | | | 17,550,000 | | |
|
Date of Issue
|
| |
Nature of Issue
|
| |
Number of
Common Shares |
| |
Issue Price
|
|
|
June 15, 2021
|
| |
Prospectus offering of units, with each unit comprised of one Common Share and one-half of one Common Share purchase warrant.
|
| |
23,000,000
|
| |
C$5.00 per unit
|
|
|
January 13, 2021
|
| |
Private placement of units, with each unit comprised of one Common Share and one-half of one Common Share purchase warrant.
|
| |
15,500,000
|
| |
C$5.00 per unit
|
|
|
January 4, 2021
|
| | Common Shares issued for past services | | |
380,000
|
| |
C$1.05 per share
|
|
Date of Issue
|
| |
Number of Common
Shares Issuable upon Exercise of Warrants |
| |
Exercise Price
|
| |
Expiry Date
|
|
June 15, 2021
|
| |
11,500,000
|
| |
C$6.25
|
| |
June 15, 2023
|
|
June 15, 2021
|
| |
144,000
|
| |
C$6.25
|
| |
June 15, 2023
|
|
January 13, 2021
|
| |
7,750,000
|
| |
C$6.25
|
| |
January 13, 2023
|
|
January 13, 2021
|
| |
930,000
|
| |
C$6.25
|
| |
January 13, 2023
|
|
Date of Grant
|
| |
Number of Common
Shares Issuable upon Exercise of Options |
| |
Exercise Price
|
| |
Expiry Date
|
|
April 26, 2021
|
| |
60,000
|
| |
C$6.57
|
| |
April 26, 2031
|
|
|
Date of Award
|
| |
Type of Award
|
| |
Number of Common Shares Issuable upon
Vesting |
|
|
August 20, 2021
|
| |
restricted share units
|
| |
75,000
|
|
|
June 27, 2021
|
| |
restricted share units
|
| |
1,140,000
|
|
|
June 27, 2021
|
| |
deferred share units
|
| |
123,919
|
|
|
January 21, 2021
|
| |
restricted share units
|
| |
2,000,000
|
|
|
September 30, 2020
|
| |
restricted share units
|
| |
90,000
|
|
Month
|
| |
High
|
| |
Low
|
| |
Average Daily Volume
|
|
June 15 – June 30, 2021
|
| |
US$4.67
|
| |
US$3.16
|
| |
4,962,784
|
|
July, 2021
|
| |
US$5.59
|
| |
US$3.46
|
| |
8,856,165
|
|
August, 2021
|
| |
US$8.355
|
| |
US$4.65
|
| |
16,081,457
|
|
September 1 – September 14, 2021
|
| |
US$11.29
|
| |
US$7.825
|
| |
16,279,958
|
|
Month
|
| |
High
|
| |
Low
|
| |
Average Daily Volume
|
|
September 2020
|
| |
C$1.13
|
| |
C$0.81
|
| |
205,559
|
|
October 2020
|
| |
C$1.32
|
| |
C$0.92
|
| |
335,417
|
|
November 2020
|
| |
C$1.95
|
| |
C$1.10
|
| |
917,926
|
|
December 2020
|
| |
C$4.38
|
| |
C$1.44
|
| |
1,411,064
|
|
January 2021
|
| |
C$8.46
|
| |
C$3.71
|
| |
3,036,105
|
|
February 2021
|
| |
C$15.98
|
| |
C$4.49
|
| |
3,269,109
|
|
March 2021
|
| |
C$11.89
|
| |
C$7.24
|
| |
1,519,189
|
|
April, 2021
|
| |
C$10.35
|
| |
C$6.03
|
| |
1,548,074
|
|
May, 2021
|
| |
C$7.24
|
| |
C$4.31
|
| |
1,399,940
|
|
June, 2021
|
| |
C$6.19
|
| |
C$3.91
|
| |
2,450,367
|
|
July, 2021
|
| |
C$6.90
|
| |
C$4.42
|
| |
1,541,320
|
|
August, 2021
|
| |
C$10.55
|
| |
C$5.80
|
| |
2,244,089
|
|
September 1 – September 14, 2021
|
| |
C$14.20
|
| |
C$9.88
|
| |
31,919,957
|
|
Name of Person
|
| |
Name and Address of Agent
|
|
Bill Tai | | |
Hut 8 Mining Corp., Suite 500, 24 Duncan Street, Toronto, Ontario, Canada, M5V 2B8
|
|
Alexia Hefti | | |
Hut 8 Mining Corp., Suite 500, 24 Duncan Street, Toronto, Ontario, Canada, M5V 2B8
|
|
Jeremy Sewell | | |
Fasken Martineau DuMoulin LLP, 800 Rue du Square-Victoria Bureau 3500, Montréal, Québec, Canada, H4Z 1E9
|
|
Name of Person
|
| |
Name and Address of Agent
|
|
Bill Tai | | |
Hut 8 Mining Corp., 130 King Street West, Suite 1800, Toronto, Ontario, M5X 2A2
|
|
Name of Person
|
| |
Name and Address of Agent
|
|
Jeremy Sewell | | |
Fasken Martineau DuMoulin LLP, 800 Rue du Square-Victoria Bureau 3500, Montréal, Quebec, H4Z 1E9
|
|
Chris Eldredge | | |
Hut 8 Mining Corp., 130 King Street West, Suite 1800, Toronto, Ontario, M5X 2A2
|
|
DESCRIPTION
|
| |
PAGE NO.
|
| |||
| | | | 1 | | | |
| | | | 1 | | | |
| | | | 2 | | | |
| | | | 2 | | | |
| | | | 2 | | | |
| | | | 3 | | | |
| | | | 4 | | | |
| | | | 5 | | | |
| | | | 5 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 12 | | | |
| | | | 13 | | | |
| | | | 15 | | | |
| | | | 19 | | | |
| | | | 19 | | | |
| | | | 19 | | | |
| | | | 19 | | | |
| | | | 19 | | | |
EXEMPTION | | | | | 29 | | |
| | | | 29 | | | |
| | | | 30 | | | |
| | | | 30 | | | |
| | | | 30 | | |
|
$
|
| | Canadian dollars. | |
|
ASIC
|
| | An application-specific integrated circuit customized for Bitcoin mining. | |
|
Bitcoin
|
| |
The peer-to-peer payment system and the digital currency of the same name which uses open source cryptography to control the creation and transfer of such digital currency.
|
|
|
Bitcoin Network
|
| |
The network of computers running the software protocol underlying Bitcoin and which network maintains the database of Bitcoin ownership and facilitates the transfer of Bitcoin among parties.
|
|
|
Bitfury
|
| |
Bitfury Holding B.V., corporation incorporated and existing under the laws of the Netherlands, which, pursuant to the Master Data Center Purchase Agreement and the Master Services Agreement, provides a turn-key service to Hut 8 for the installation of the BlockBox and a fully-managed service to configure, operate and maintain the BlockBox.
|
|
|
Bitgo
|
| | BitGo Trust Company Inc. | |
|
BlockBox
|
| |
The proprietary BlockBox Data Centers AC manufactured by Bitfury and used for the purpose of running diverse cryptographic hash functions in connection with the mining of cryptocurrency, including all related housing and power supplies, and all required cabling, cooling units and other peripherals, as applicable.
|
|
|
Blockchain
|
| |
A digital ledger in which Bitcoin or other cryptocurrency transactions are recorded chronologically and publicly.
|
|
|
US$
|
| | United States dollars. | |
Private Placement
(All amounts are approximate, expressed in millions Canadian dollars) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description
|
| |
Prior
Disclosure |
| |
Actual
Spent(1) |
| |
Remaining
|
| |
Total
|
| |
Variance
|
| |||||||||||||||
General corporate purposes, including, without limitation, infrastructure expansion, equipment purchases(2) and repayment of debt(3)
|
| | | $ | 72.9(4) | | | | | $ | 47.6(5) | | | | | $ | 25.3(6) | | | | | $ | 72.9 | | | | | | Nil | | |
1 Year Hut 8 Chart |
1 Month Hut 8 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions