---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-010845"
form_type: "8-K"
ticker: "BGDE"
cik: "0001218683"
company_name: "Big Digital Energy, Inc."
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:33:36.153117+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Mawson Infrastructure adopts limited-duration rights plan to counter Endeavor Blockchain's accumulating stake

## Summary
- Board adopted Rights Agreement on Feb 1, 2026; dividend of one Right per share to holders of record on Feb 12, 2026.
- Rights become exercisable if a person/group acquires 20% or more of Common Stock without Board approval.
- Endeavor Blockchain LLC and others reported 48% ownership via Schedule 13D; Company records show ~29.7% as of Jan 28, 2026.
- Board rejected Endeavor's Jan 8, 2026 proposal for a tender offer and preferred equity financing that would give them control.
- Rights expire on Feb 1, 2027, unless earlier redeemed; redeemable at $0.0001 per Right before a triggering event.

## SEC filing metadata
- accession: 0001213900-26-010845
- form_type: 8-K
- ticker: BGDE
- cik: 0001218683
- company_name: Big Digital Energy, Inc.
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1218683/000121390026010845/0001213900-26-010845-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1218683/000121390026010845/ea027499701-8k_mawson.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-010845
- JSON: https://secwatch.observer/filing/0001213900-26-010845.json
- Plain text: https://secwatch.observer/filing/0001213900-26-010845.txt

## Key facts
- Equity Issuances
  Big Digital Energy, Inc. issued securities.
  source text: MAWSON INFRASTRUCTURE GROUP Inc. (“Mawson” or the “Company”) (Nasdaq: MIGI) today announced that its Board of Directors (the “Board”) unanimously adopted a limited-duration stockholder rights agreement (the “Rights Agreement”) to protect the best interests of Mawson stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1218683/000121390026010845/0001213900-26-010845-index.htm
- Governance Changes
  Big Digital Energy, Inc.: Filed a Certificate of Designation for Series C Junior Participating Preferred Stock (effective 2026-02-02).
  - Change: charter amendment
  - Effective: 2026-02-02
  source text: on February 1, 2026, the Board approved a Certificate of Designation of Rights, Preferences and Privileges of Series C Junior Participating Preferred Stock (the “ Certificate of Designation ”), setting forth the rights, powers and preferences of the Preferred Stock and designating 10,000 shares of Preferred Stock. The Certificate of Designation was filed with the Secretary of State of the State of Delaware on February 2, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1218683/000121390026010845/0001213900-26-010845-index.htm

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