DelistingApr 23, 2026, 04:16 PM
Mawson Rebrands to Big Digital Energy; Faces Nasdaq Delisting
AI Summary
Mawson Infrastructure Group Inc. announced its rebranding to Big Digital Energy, Inc., effective April 24, 2026, with its common stock expected to trade under the new ticker "BGDE" on Nasdaq from April 30, 2026. This change signifies a strategic shift towards energy infrastructure for computing needs. Separately, the company received a delist determination from Nasdaq on April 17, 2026, due to stockholders' equity falling below $2.5 million as of December 31, 2025. Mawson plans to request a hearing to present its compliance plan, which will temporarily stay any delisting action.
Key Highlights
- Mawson Infrastructure Group Inc. will change its name to Big Digital Energy, Inc. effective April 24, 2026.
- Common stock is expected to trade under new ticker "BGDE" on Nasdaq from April 30, 2026.
- Company received a Nasdaq delist determination on April 17, 2026, due to stockholders' equity below $2.5 million.
- Mawson plans to request a hearing with the Nasdaq Hearings Panel to present its compliance plan.
- The request will stay any suspension or delisting action by Nasdaq pending the hearing and compliance period.