MIDLAND, Pa., April 23, 2026 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (the “Company”) (Nasdaq: MIGI) as we speak introduced that it has submitted the related documentation with the State of Delaware to replace its title to Massive Digital Power, Inc., efficient April 24, 2026, and that, topic to approval by Nasdaq, its widespread inventory is predicted to start buying and selling on The Nasdaq Capital Market (“Nasdaq”) beneath the ticker image “BGDE” upon market open on April 30, 2026. The Firm’s CUSIP quantity will stay unchanged, and no motion is required from stockholders in relation to this modification.
Phil Stanley, Chief Government Officer of Mawson, commented, “The transition to Big Digital Energy and our new ticker symbol ‘BGDE’ marks a pivotal new chapter for the Company. Our rebranding is more than a name change; it’s a commitment from our Board and Executive Team to focus investments on energy infrastructure to support the computing needs of the future and position Big Digital for sustainable growth. This renewed focus and investment is aligned with our commitment to accountability, disciplined execution, and delivering long-term value for our shareholders. The management team has hit the ground running, visiting our operating sites, engaging directly with capital partners, and identifying the highest-quality assets to drive near and long-term growth. We are energized by the opportunities ahead and expect to provide meaningful updates on all fronts in the near future”
Individually, Mawson additionally introduced that on April 17, 2026, it obtained a delist dedication from Nasdaq primarily based upon stockholders’ fairness of lower than $2.5 million, as required by Nasdaq Itemizing Rule 5550(b)(1), as of December 31, 2025. The Firm plans to well timed request a listening to earlier than the Nasdaq Hearings Panel (the “Panel”) to current its plan to proof compliance with the Rule. The request will keep any suspension or delisting motion by Nasdaq at the very least pending the listening to and the expiration of any compliance interval that could be granted by the Panel.
Mr. Stanley commented on the dedication. “The Company believes it is already in compliance with Nasdaq’s listing requirements, which we will demonstrate in the plan submitted to the Panel. The determination received is a vestige of prior management and does not reflect the Company’s current financial position or operational trajectory. Under the new leadership team, we have moved swiftly to restore compliance and are focused on continuing to strengthen the business and deliver value to our shareholders.”
About Mawson Infrastructure Group Inc.
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Mawson (Nasdaq: MIGI; anticipated to vary to “BGDE” on April 30, 2026) is a U.S.-based know-how firm that designs, builds, and operates next-generation digital infrastructure platforms. The Firm gives companies spanning synthetic intelligence (“AI”), excessive efficiency computing (“HPC”), digital property (together with Bitcoin mining), and different intensive compute functions. The Firm delivers each self-mining operations and colocation/internet hosting for enterprise clients, with a vertically built-in infrastructure mannequin constructed for scalability and effectivity.
A core a part of the Firm’s technique is powering its operations with carbon-free vitality sources—together with nuclear energy—making certain that its compute platforms assist the speedy development of the digital economic system in an environmentally sustainable method. With 129 megawatts of capability already on-line and extra beneath growth, the Firm is positioning itself as a aggressive supplier of carbon-aware digital infrastructure options.
For extra details about the Firm, go to: https://mawsoninc.com
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CAUTIONARY LANGUAGE ON FORWARD-LOOKING STATEMENTS
This press launch accommodates “forward-looking statements” throughout the which means of the Non-public Securities Litigation Reform Act of 1995, together with, with out limitation, the Firm’s skill to comprehend its potential to change into a invaluable digital infrastructure platform and create worth for shareholders. There could be no assurance that the outcomes or developments anticipated by the Firm will probably be realized or, even when considerably realized, that they may have the anticipated penalties to, or results on, the Firm.
These statements are primarily based on present expectations and assumptions and are topic to dangers and uncertainties that might trigger precise outcomes to vary materially, together with, with out limitation, continued evolution and uncertainty associated to applied sciences and digital infrastructure; our skill to proceed as a going concern; our skill to take care of the itemizing of our widespread inventory on Nasdaq; the provision of our “at-the-market” program and our skill or lack of ability to safe further funds via fairness financing transactions; entry to dependable and fairly priced electrical energy sources; operational, upkeep, restore, security, and building dangers; the failure or breakdown of mining gear, or web connection failure; our reliance on key administration personnel and staff; current modifications in our administration personnel, our skill to draw or retain the expertise wanted to maintain or develop the enterprise; our skill to develop and execute on our enterprise technique and plans; counterparty dangers associated to our clients, agreements and/or contracts; the lack of a big digital colocation buyer; antagonistic actions by collectors, debt suppliers, or different events; continued evolution and uncertainty associated to development in blockchain and Bitcoin and different digital property’ utilization; excessive volatility in Bitcoin and different digital property’ costs and in worth attributable to our enterprise; our have to, and problem in, elevating further debt or fairness capital and the provision of financing alternatives; failure to take care of required compliance to stay eligible for probably the most cost-effective types of elevating further fairness capital; the evolution of AI and HPC market and altering applied sciences; the slower than anticipated development in demand for AI, HPC and different accelerated computing applied sciences; the power to well timed implement and execute on AI and HPC digital infrastructure contracts or deployment; the power to well timed full the digital infrastructure build-out as a way to obtain its income expectations for the intervals talked about; downturns within the digital property business; counterparty dangers and dangers of delayed or delinquent funds from clients and others; inflation, financial or political surroundings; cyber-security threats; our skill to acquire correct insurance coverage; banks and different monetary establishments ceasing to supply companies to our business; modifications to the Bitcoin and/or different networks’ protocols and software program; the lower within the incentive or elevated community problem to mine Bitcoin; the rise of transaction charges associated to digital property; the fraud or safety failures of enormous digital asset exchanges; the regulation and taxation of digital property like Bitcoin; our skill to well timed and successfully implement controls and procedures required by Part 404 of the Sarbanes-Oxley Act of 2002; how our widespread inventory shares might and/or will probably be impacted by the dismissal of the involuntary petition filed towards us in the US Chapter Court docket for the District of Delaware; materials litigation, investigations, or enforcement actions, together with by regulators and governmental authorities; and different dangers described within the Firm’s filings with the SEC. The Firm undertakes no obligation to replace or revise forward-looking statements to replicate occasions or circumstances after the date of this launch, besides as required by regulation. Further data concerning these and different components could be discovered within the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Firm’s SEC filings, together with, however not restricted to, its annual report on Kind 10-Ok and quarterly studies on Kind 10-Q.
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