Mentioned:
There’s a new company on the New York Stock Exchange. And they are aiming to build out a portfolio of data centres in Oklahoma.
What’s happening:
- Host Digital Infrastructure (NYSE: HOST) has completed their reverse merger with Healthy Choice Wellness and begun trading on the New York Stock Exchange
By the numbers:
- Host Digital Infrastructure owns 96.4% of the new combined company after the reverse merger, with Healthy Choice Wellness shareholders owning the remaining 3.6%
- Insiders of Host Digital Infrastructure own roughly 76% of all the issued and outstanding common shares in the company upon the reverse merger closing
Why it matters:
- Host Digital Infrastructure has one data centre currently under development in northeast Oklahoma with a 43 megawatt contract lease
Going deeper:
- Host Digital Infrastructure has publicly stated they have begun negotiations and discussions for another data centre in northeast Oklahoma
- Former Cantor Fitzgerald leader Shawn Matthews is the chairman of Host Digital Infrastructure
