secwatch.observer — SEC 8-K summary
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Issuer:     Big Digital Energy, Inc. (BGDE)
CIK:        0001218683
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001213900-23-037335
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1218683/000121390023037335/0001213900-23-037335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1218683/000121390023037335/ea178118-8k_mawson.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-037335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer