Mawson Infrastructure Group (MIGI) Announces Results of Reverse Stock Split Vote

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Mawson Infrastructure Group Inc. Announces Results of Reverse Stock Split Vote

February 7, 2023 8:30 AM EST

Mawson stockholders vote in favor of Reverse Stock Split

SHARON, Pa. & SYDNEY--(BUSINESS WIRE)-- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (Mawson or the Company), a digital infrastructure provider, announced today the results of its stockholder vote in respect of its reverse stock split, which was sent to stockholders on December 23, 2022.

Stockholders voted in favor of the 1 for 6 reverse stock split, and a related resolution to reduce Mawsons authorized Common Stock from 120,000,000 shares to 90,000,000 shares.

It is anticipated that, after the reverse stock split, the Mawson stock price will... More