Business Context and Reporting Period
Company: Digi Power X Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: February 20, 2026
Reporting Period: Specific event date of February 20, 2026.
Context: The Company, incorporated in British Columbia, Canada, filed this report to disclose a material change regarding the closing of a settlement with H.C. Wainwright & Co., LLC. The filing incorporates a Material Change Report and press release filed with Canadian Securities Regulatory Authorities.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a legal settlement event rather than periodic financial performance data.
Material Changes
- Settlement Closing: The Company announced the closing of a settlement with H.C. Wainwright & Co., LLC.
- Regulatory Disclosure: A Material Change Report detailing this settlement was filed with Canadian authorities and is attached as Exhibit 99.1.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release regarding the settlement but does not include forward-looking guidance, financial outlook, or specific management commentary within the text of the 8-K itself.
Risks and Contingencies: The settlement with H.C. Wainwright & Co., LLC represents a resolved contingency. The filing notes that the information is furnished under Regulation FD and is not deemed filed for purposes of Section 18 of the Exchange Act, limiting liability exposure for the specific disclosure.
Investor Verification Checklist
- Review Exhibit 99.1 (Material Change Report) for specific financial terms and details of the settlement with H.C. Wainwright & Co., LLC.
- Verify the impact of the settlement on the Company's future legal liabilities or cash reserves, as these figures are not explicitly stated in the 8-K summary.
- Confirm the status of the Company's Subordinate Voting Shares (Trading Symbol: DGXX) on the Nasdaq Capital Market following this disclosure.