Mawson Infrastructure Group Inc. 8-K

What Happened
Mawson Infrastructure Group Inc. (Mawson) filed an 8-K saying Nasdaq’s Listing Qualifications staff issued a delist determination on April 17, 2026 based on the Company’s reported stockholders’ equity as of December 31, 2025. Mawson also filed a Certificate of Amendment to change its name to Big Digital Energy, Inc., effective April 24, 2026, and announced a ticker change to BGDE effective at market open on April 30, 2026. The Company issued a press release on April 23, 2026 and will launch a new corporate website at www.bigdigital.energy.

Key Details

• Nasdaq action: Staff determined Mawson did not satisfy Listing Rule 5550(b) as of 12/31/2025 (the rule requires either $2.5M in stockholders’ equity, MVLS of $35M, or $500k net income in the past year or two of the last three). Delist determination issued April 17, 2026.
• Prior compliance note: On Dec 22, 2025 Nasdaq had previously determined the company had evidenced compliance and imposed a Mandatory Panel Monitor through Dec 22, 2026.
• Company response: Mawson plans to request a hearing before the Nasdaq Hearings Panel, which will stay any further delisting action until the hearing and any panel-granted compliance period conclude. The company states it believes it currently has stockholders’ equity above the $2.5M threshold.
• Corporate changes: Name change filed April 20, 2026 (effective April 24, 2026); ticker to change from MIGI to BGDE at market open April 30, 2026. CUSIP will remain the same. New website: www.bigdigital.energy.

Why It Matters
A delisting determination is material for investors because it can affect the stock’s liquidity, marketability and price. The Company’s timely request for a hearing pauses Nasdaq action, so the outcome will depend on the hearing and any compliance period the Panel might grant. The name and ticker change are administrative but important for how the company is identified in markets and news; existing holdings are not altered (CUSIP unchanged). Investors should monitor the hearing outcome, any further Nasdaq notices, and Company updates about its equity or MVLS status and related filings.