MIDLAND, Pa., April 23, 2026 (GLOBE NEWSWIRE) — Mawson Infrastructure Crew Inc. (the “Company”) (Nasdaq: MIGI) lately introduced that it has submitted the related documentation with the State of Delaware to replace its identify to Large Virtual Power, Inc., positive April 24, 2026, and that, topic to approval via Nasdaq, its commonplace inventory is anticipated to start out buying and selling on The Nasdaq Capital Marketplace (“Nasdaq”) below the ticker image “BGDE” upon marketplace open on April 30, 2026. The Corporate’s CUSIP quantity will stay unchanged, and no motion is needed from stockholders relating to this variation.
Phil Stanley, Leader Govt 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”
One at a time, Mawson additionally introduced that on April 17, 2026, it won a delist choice from Nasdaq founded upon stockholders’ fairness of lower than $2.5 million, as required via Nasdaq Checklist Rule 5550(b)(1), as of December 31, 2025. The Corporate plans to well timed request a listening to prior to the Nasdaq Hearings Panel (the “Panel”) to provide its plan to proof compliance with the Rule. The request will keep any suspension or delisting motion via Nasdaq no less than pending the listening to and the expiration of any compliance length that can be granted via the Panel.
Mr. Stanley commented at the choice. “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 Crew Inc.
Mawson (Nasdaq: MIGI; anticipated to modify to “BGDE” on April 30, 2026) is a U.S.-based generation corporate that designs, builds, and operates next-generation virtual infrastructure platforms. The Corporate supplies services and products spanning synthetic intelligence (“AI”), top efficiency computing (“HPC”), virtual property (together with Bitcoin mining), and different in depth compute programs. The Corporate delivers each self-mining operations and colocation/website hosting for undertaking shoppers, with a vertically built-in infrastructure fashion constructed for scalability and potency.
A core a part of the Corporate’s technique is powering its operations with carbon-free power assets—together with nuclear energy—making sure that its compute platforms enhance the speedy enlargement of the virtual financial system in an environmentally sustainable method. With 129 megawatts of capability already on-line and extra below building, the Corporate is positioning itself as a aggressive supplier of carbon-aware virtual infrastructure answers.
For more info concerning the Corporate, consult with: https://mawsoninc.com
CAUTIONARY LANGUAGE ON FORWARD-LOOKING STATEMENTS
This press liberate incorporates “forward-looking statements” throughout the which means of the Personal Securities Litigation Reform Act of 1995, together with, with out limitation, the Corporate’s skill to understand its possible to turn into a precious virtual infrastructure platform and create price for shareholders. There can also be no assurance that the consequences or tendencies expected via the Corporate will probably be learned or, even supposing considerably learned, that they are going to have the predicted penalties to, or results on, the Corporate.
Those statements are according to present expectancies and assumptions and are topic to dangers and uncertainties that might reason precise effects to range materially, together with, with out limitation, endured evolution and uncertainty associated with applied sciences and virtual infrastructure; our skill to proceed as a going fear; our skill to deal with the list of our commonplace inventory on Nasdaq; the supply of our “at-the-market” program and our skill or lack of ability to safe further budget via fairness financing transactions; get entry to to dependable and fairly priced electrical energy assets; operational, upkeep, restore, protection, and building dangers; the failure or breakdown of mining apparatus, or web connection failure; our reliance on key control team of workers and staff; contemporary adjustments in our control team of workers, our skill to draw or retain the ability had to maintain or develop the trade; our skill to expand and execute on our trade technique and plans; counterparty dangers associated with our shoppers, agreements and/or contracts; the lack of an important virtual colocation buyer; antagonistic movements via collectors, debt suppliers, or different events; endured evolution and uncertainty associated with enlargement in blockchain and Bitcoin and different virtual property’ utilization; top volatility in Bitcoin and different virtual property’ costs and in price because of our trade; our want to, and issue in, elevating further debt or fairness capital and the supply of financing alternatives; failure to deal with required compliance to stay eligible for probably the most cost-effective varieties of elevating further fairness capital; the evolution of AI and HPC marketplace and converting applied sciences; the slower than anticipated enlargement in call for for AI, HPC and different sped up computing applied sciences; the facility to well timed put in force and execute on AI and HPC virtual infrastructure contracts or deployment; the facility to well timed whole the virtual infrastructure build-out to be able to reach its earnings expectancies for the sessions discussed; downturns within the virtual property business; counterparty dangers and dangers of behind schedule or antisocial bills from shoppers and others; inflation, financial or political setting; cyber-security threats; our skill to procure right kind insurance coverage; banks and different monetary establishments ceasing to offer services and products to our business; adjustments to the Bitcoin and/or different networks’ protocols and instrument; the lower within the incentive or larger community issue to mine Bitcoin; the rise of transaction charges associated with virtual property; the fraud or safety screw ups of huge virtual asset exchanges; the legislation and taxation of virtual property like Bitcoin; our skill to well timed and successfully put in force controls and procedures required via Segment 404 of the Sarbanes-Oxley Act of 2002; how our commonplace inventory stocks would possibly and/or will probably be impacted via the dismissal of the involuntary petition filed towards us in america Chapter Courtroom for the District of Delaware; subject material litigation, investigations, or enforcement movements, together with via regulators and governmental government; and different dangers described within the Corporate’s filings with the SEC. The Corporate undertakes no legal responsibility to replace or revise forward-looking statements to replicate occasions or cases after the date of this liberate, excluding as required via regulation. Additional info referring to those and different elements can also be discovered within the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Corporate’s SEC filings, together with, however no longer restricted to, its annual file on Shape 10-Ok and quarterly reviews on Shape 10-Q.
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