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An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan

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FOMOGRAM Editorial Desk
Aug 5, 2026
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An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan
EXECUTIVE SUMMARY

Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares.

Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares.

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