---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-037335"
form_type: "8-K"
ticker: "BGDE"
cik: "0001218683"
company_name: "Big Digital Energy, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:20:01.638648+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mawson raises ~$5M in registered direct offering; amends existing warrants to $3.23

## Summary
- Issued 2,083,336 shares (or pre-funded warrants) at $2.40 per share, raising ~$5M gross.
- Concurrent private placement of warrants to buy up to 2,604,170 shares at $3.23, exercisable in 6 months for 5.5 years.
- Existing July 2022 warrants for 1,666,667 shares amended: exercise price cut from $6.06 to $3.23.
- Net proceeds to be used for digital infrastructure buildout, strategic transactions, and working capital.
- Offering closed May 8, 2023; H.C. Wainwright acted as exclusive placement agent.

## SEC filing metadata
- accession: 0001213900-23-037335
- form_type: 8-K
- ticker: BGDE
- cik: 0001218683
- company_name: Big Digital Energy, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1218683/000121390023037335/0001213900-23-037335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1218683/000121390023037335/ea178118-8k_mawson.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-037335
- JSON: https://secwatch.observer/filing/0001213900-23-037335.json
- Plain text: https://secwatch.observer/filing/0001213900-23-037335.txt

## Key facts
- Material Agreements
  Big Digital Energy, Inc. entered into Securities Purchase Agreement with institutional investors valued at $5,000,000 (effective 2023-05-03).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: institutional investors
  - Value: $5,000,000
  - Effective: 2023-05-03
  source text: On May 3, 2023, Mawson Infrastructure Group Inc. (“we,” “us,” the “Company” or “Mawson”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with institutional investors providing for the issuance and sale by the Company of an aggregate of 2,083,336 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”) (or pre-funded warrants (the “Pre-Funded Warrants”) in lieu thereof) in a registered direct offering (the “Registered Offering”), and (iii) a concurrent private placement (the “Private Placement” and, together with the Registered Offering, the “Offering”) of warrants (the “Common Warrants”) to purchase up to 2,604,170 shares of Common Stock (the “Common Warrant Shares” and together with the Shares, the Pre-Funded Warrants, the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants and the Common Warrants, the “Securities”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1218683/000121390023037335/0001213900-23-037335-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.