Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Bit Digital, Inc incurred revolving credit of USD $5.8 million with Royal Bank of Canada maturing 36 month term.
- Instrument
- revolving credit
- Principal
- USD $5.8 million
- Counterparty
- Royal Bank of Canada
- Maturity
- 36 month term
- Event
- incurrence
Exact text from the filing
proceeds are to be used primarily to refinance the buildout of WhiteFiber’s Tier-3 AI data center at 7300 Trans Canada Highway, Pointe-Claire, Quebec (“MTL-2”) as well as USD $5.8 million of revolving term financing (the “Revolver”) (based on the CAD/U.S.$ rate of exchange of CAD1.00/U.S.$0.7308, as reported by Bloomberg on June 18, 2025). The Facility is among
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Bit Digital, Inc incurred lease obligation of USD $18.5 million with Royal Bank of Canada at fixed based on the rental rate determined by RBC for the three-year term of the maturing three-year term.
- Instrument
- lease obligation
- Principal
- USD $18.5 million
- Counterparty
- Royal Bank of Canada
- Rate
- fixed based on the rental rate determined by RBC for the three-year term of the
- Maturity
- three-year term
- Event
- incurrence
Exact text from the filing
Enovum entered into a three-year USD $18.5 million non-revolving lease facility to finance specific equipment costs, including related installation costs, building improvements and soft costs, and/or sale and leasing of existing equipment.
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Bit Digital, Inc incurred term loan of USD $19.6 million with Royal Bank of Canada at a floating interest rate ranging from RBP plus 0.75% to CORRA (“Canadian Overnig maturing three-year term.
- Instrument
- term loan
- Principal
- USD $19.6 million
- Counterparty
- Royal Bank of Canada
- Rate
- a floating interest rate ranging from RBP plus 0.75% to CORRA (“Canadian Overnig
- Maturity
- three-year term
- Event
- incurrence
Exact text from the filing
As part of the Facility, Enovum entered into a three-year USD $19.6 million (based on the CAD/U.S.$ rate of exchange of CAD1.00/U.S.$0.7308, as reported by Bloomberg on June 18, 2025) non-revolving real estate term loan facility.
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Bit Digital, Inc incurred credit facility of up to approximately USD $43.9 million with Royal Bank of Canada at fixed based on the rental rate determined by RBC for the three-year term of the maturing three-year term.
- Instrument
- credit facility
- Principal
- up to approximately USD $43.9 million
- Counterparty
- Royal Bank of Canada
- Rate
- fixed based on the rental rate determined by RBC for the three-year term of the
- Maturity
- three-year term
- Event
- incurrence
Exact text from the filing
into a definitive credit agreement (the “Facility”) with the Royal Bank of Canada (“RBC”). The Facility provides for an aggregate of up to approximately USD $43.9 million of financing (based on the CAD/U.S.$ rate of exchange of CAD1.00/U.S.$0.7308, as reported by Bloomberg on June 18, 2025). The proceeds are to be used primarily to refinance the
View on SEC.gov