Mawson shareholders approve 1:6 reverse stock split to comply with Nasdaq minimum bid price

Big Digital Energy, Inc.

Over 99% of voted shares favored reverse split and authorized share reduction from 120M to 90M.
Trading on post-split basis expected to begin Feb 9, 2023; symbol remains MIGI.
CEO Manning says split ensures full compliance with Nasdaq listing rules; notes recent director appointment.
Of 81.8M votes entitled, over 68% participated in consent solicitation.

item 5.07 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Big Digital Energy, Inc. shareholders approved Reverse Stock Split.

Proposal: reverse split
Outcome: passed

Exact text from the filing

Proposal 1: Reverse Stock Split FOR AGAINST ABSTAIN 55,651,027 182,727 11,942

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Big Digital Energy, Inc. shareholders approved Capitalization Reduction.

Outcome: passed

Exact text from the filing

Proposal 2: Capitalization Reduction FOR AGAINST ABSTAIN 55,685,076 137,398 23,222

View on SEC.gov

555 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Big Digital Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-008701

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