Keel Infrastructure Shares Climb Premarket on $400M AI Power Deal
Keel Infrastructure surged 3.18% premarket to $5.84 as investors weighed a $400 million upsized convertible note sale to fund its AI data-center pivot, with notes convertible at $7.41—25% above last week’s close. The stock is up 529.59% year-over-year but remains volatile amid execution, permitting, and dilution risks, as analysts cite progress on key HPC/AI projects and the sector draws attention for power access.