Mawson Infrastructure Group rebrands as Big Digital Energy

Mawson Infrastructure Group Inc. (NASDAQ: MIGI) announced it will change its name to Big Digital Energy, Inc. effective April 24, 2026. The company expects to begin trading under the new ticker symbol "BGDE" on April 30, 2026, subject to Nasdaq approval.

The company submitted documentation with the State of Delaware for the name change. The CUSIP number will remain unchanged, and stockholders do not need to take any action related to this change.

Separately, Mawson received a delisting determination from Nasdaq on April 17, 2026, based on stockholders' equity of less than $2.5 million as of December 31, 2025. This falls below the requirement under Nasdaq Listing Rule 5550(b)(1). The company plans to request a hearing before the Nasdaq Hearings Panel to present its compliance plan. The hearing request will stay any suspension or delisting action pending the hearing and any compliance period granted by the panel.

"The Company believes it is already in compliance with Nasdaq's listing requirements, which we will demonstrate in the plan submitted to the Panel," said Phil Stanley, Chief Executive Officer. "The determination received is a vestige of prior management and does not reflect the Company's current financial position or operational trajectory."

Mawson operates as a technology company that designs, builds, and operates digital infrastructure platforms for artificial intelligence, high performance computing, digital assets including Bitcoin mining, and other compute applications. The company provides both self-mining operations and colocation services for enterprise customers.

The company reports having 129 megawatts of capacity online with additional capacity under development. Mawson focuses on powering its operations with carbon-free energy resources, including nuclear power.

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