Digi Power X Inc. filed a preliminary proxy statement for its annual and special shareholder meeting scheduled for December 21, 2026. The company proposes consolidating its subordinate and proportionate voting shares into a single class of common shares.
Under the proposed plan, each subordinate voting share will convert into one common share. Each proportionate voting share will become 200 common shares to maintain existing voting power.
Shareholders will also vote on the election of five directors and the ratification of the company’s auditor. Additional proposals include amendments to the restricted share unit and stock option plans.
These updates follow CEO Michel Amar’s purchase of 20,000 shares on October 14. The company recently integrated Super Micro Computer servers to power its NeoCloudz AI platform.