Mawson Infrastructure Group Inc.

Big Digital Energy, Inc. announced it has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2.5 million in stockholders' equity. The company had previously been non-compliant as of December 19, 2025. Nasdaq's determination is conditional on Big Digital Energy maintaining at least $5 million in stockholders' equity quarterly for the next twelve months, starting June 30, 2026. New management, which took control in April 2026, has addressed this legacy issue and is confident in meeting the new requirements.

Big Digital Energy, Inc. announced the termination of its stockholder rights agreement, accelerating its expiration date to June 8, 2026, from its original date of February 1, 2027. The Board concluded the agreement is no longer necessary to protect stockholder value, citing a commitment to transparency and shareholder empowerment. Concurrently, the company provided an update on a previously announced AI/HPC colocation services agreement with BE Global Development Limited, confirming the project did not advance to deployment, no revenue was received, and it is now considered inactive.

Mawson Infrastructure Group Inc. (operating as Big Digital Energy, Inc.) has secured a $40 million revolving line of credit from Endeavor Blockchain, LLC, an entity solely owned by its Executive Chairman, Josh Kilgore. The note carries a 12% annual interest rate and is payable on demand, secured by company assets. This related party transaction received approval from the company's Audit Committee and Special Transactions Committee. Additionally, the company is using a presentation, incorporated by reference, for investor and analyst discussions.

Mawson Infrastructure Group Inc., now Big Digital Energy, Inc., reported a net income of $0.61 million for Q1 2026, a significant improvement from a $0.31 million loss in Q1 2025. However, total revenues decreased by 65% to $4.82 million, primarily due to declines in digital colocation and energy management revenues. The company also issued a going concern warning due to substantial cash usage in operations and negative working capital, despite raising $6.4 million through an At-the-Market offering.

Big Digital Energy, Inc. (formerly Mawson Infrastructure Group Inc.) entered a strategic colocation agreement with Endeavor Group, an affiliate of its management team. Endeavor will provide approximately 25,000 mining computers, and Big Digital will provide 75MW of compute capacity under a 50%/50% profit-sharing arrangement. Big Digital will receive 100% cash proceeds, while Endeavor will be compensated with company stock and warrants. This related-party transaction, approved by independent directors, aims to rapidly enhance cash flows and maximize asset utility without requiring Big Digital to deploy capital. The company also expects to change its ticker to "BGDE" on April 30, 2026.

Mawson Infrastructure Group Inc. received a delisting notice from Nasdaq on April 17, 2026, for failing to meet the $2.5 million stockholders' equity requirement as of December 31, 2025. This follows a previous compliance determination on December 22, 2025, which placed the company under a one-year Mandatory Panel Monitor. The company plans to request a hearing with the Nasdaq Hearings Panel to present a compliance plan, which will stay any immediate delisting action.

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.

Mawson Infrastructure Group entered into a Cooperation Agreement with Endeavor Blockchain, Big Digital Energy, PM Squared, Joshua Kilgore, Cody Smith, and Phillip Stanley, resulting in the appointment of five new directors to the board, effective April 6, 2026. This agreement also includes litigation-related provisions and non-disparagement clauses, potentially signaling a significant shift in the company's governance and strategic direction.

Mawson Infrastructure Group entered into a Cooperation Agreement with Endeavor Blockchain, Big Digital Energy, PM Squared, and certain individuals, resulting in the appointment of five new directors to the Board, effective April 6, 2026. The agreement also includes litigation-related provisions and non-disparagement clauses, indicating a potential resolution of prior disputes and a new strategic direction for the company.

Mawson Infrastructure Group entered into a Cooperation Agreement with Endeavor Blockchain, Big Digital Energy, PM Squared, and certain individuals, resulting in the appointment of five new directors to the Board, effective April 6, 2026. The agreement also includes litigation-related provisions and non-disparagement clauses, indicating a potential resolution of prior disputes and a strategic shift in board composition.