Mawson Infrastructure (MIGI) faces Nasdaq delisting over stock price

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) has received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement. Currently trading at $0.67 per share, the company's closing bid price was below the $1.00 threshold for 30 consecutive business days, triggering a warning from Nasdaq's Listing Qualifications Department.

Under Nasdaq Listing Rule 5550(a)(2), the company must maintain a minimum bid price of $1.00 per share. Mawson Infrastructure has been given 180 days, until August 5, 2025, to address this issue and regain compliance. During this period, the company's stock will continue to be listed and trade under the ticker symbol "MIGI."

To regain compliance, Mawson Infrastructure's common stock must close at or above $1.00 per share for at least ten consecutive business days within this 180-day timeframe. If the company fails to meet this requirement by the deadline, it may qualify for an additional 180 days to achieve compliance, provided it meets all other initial listing standards for The Nasdaq Capital Market, with the exception of the Bid Price Rule.

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