Welcome to our dedicated page for BIG DIGITAL ENERGY SEC filings (Ticker: MIGI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Big Digital Energy, Inc. filings document the public-company record for the business formerly known as Mawson Infrastructure Group Inc. Recent Form 8-K disclosures cover the company’s Nasdaq-listed common stock, corporate name and trading-symbol status, material agreements for digital-infrastructure capacity, operating and financial results, and Regulation FD updates on strategic initiatives.
The filing record also documents board composition, cooperation agreements, committee assignments, stockholder-rights and preferred-stock mechanics, capital-structure matters, litigation updates, settlement disclosures, and risk-related corporate events. These filings connect the company’s AI, HPC, Bitcoin mining, self-mining, and colocation operations with formal disclosures about governance, liquidity, liabilities, and shareholder rights.
Mawson Infrastructure Group Inc. (MIGI) reported that it has released unaudited financial results for the month ending October 31, 2025. The company furnished these results through a press release dated November 25, 2025, which is included as Exhibit 99.1 to this report. The disclosure is presented under the section covering results of operations and financial condition and is designated as furnished rather than filed, which affects how it is treated under securities laws.
Mawson Infrastructure Group Inc. is implementing a 1-for-20 reverse stock split of its common stock, effective as of 5:00 p.m. Eastern time on November 20, 2025. This means every 20 existing shares will be automatically combined into one new share, with fractional positions rounded up to the nearest whole share.
The company’s board approved the reverse split after stockholders authorized a split ratio range at the October 15, 2025 annual meeting. The main purpose is to increase the per share market price of the common stock to meet the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. Post-split shares will continue trading under the symbol “MIGI” and will use a new CUSIP number 57778N406 starting November 21, 2025.
The reverse split will not change the number of authorized shares or the par value of the company’s capital stock. Stockholder percentage ownership will generally remain the same, aside from minor changes from rounding. Outstanding stock options, restricted stock units, warrants, and shares reserved under the equity incentive plan will be proportionally adjusted.
Mawson Infrastructure Group Inc. (MIGI) announced that its Board has approved a 1-for-20 reverse stock split of its common stock. The reverse split will be effective at 5:00 p.m. Eastern time on November 20, 2025, and the stock is expected to begin trading on a split-adjusted basis on The Nasdaq Capital Market on November 21, 2025 under the same ticker, with a new CUSIP number 57778N406.
The reverse stock split is primarily intended to increase the per share market price of Mawson’s common stock to meet the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. Every 20 shares will be combined into one share, with fractional shares rounded up to the nearest whole share. The split will not change the number of authorized shares, par value, or each stockholder’s percentage ownership, other than minor changes from rounding, and proportional adjustments will be made to stock options, warrants, and shares reserved under the equity incentive plan.
Mawson Infrastructure Group (MIGI) filed its Q3 2025 10‑Q, reporting a quarterly return to profit and reiterating going‑concern risks. Revenue was $13.17 million, led by AI/HPC colocation ($7.16 million) and energy management ($5.43 million), with digital asset mining at $0.59 million. Gross profit reached $8.56 million. Net income was $0.33 million ($0.01 diluted EPS).
For the first nine months, revenue was $36.52 million and net loss was $8.00 million. Cash was $2.28 million, total assets $52.02 million, and total liabilities $61.42 million, resulting in a stockholders’ deficit of $9.40 million. Management states conditions that raise substantial doubt about continuing as a going concern.
The company notes Nasdaq listing deficiencies and is operating an at‑the‑market program; as of November 12, 2025, 1,355,215 shares were sold for net proceeds of $1.7 million. A Delaware Bankruptcy Court dismissed an involuntary Chapter 11 petition against the company. An arbitrator issued a partial award against a subsidiary related to the Celsius promissory note, and a consent judgment was entered against the parent under a guarantee.
Mawson Infrastructure Group (MIGI) disclosed a routine insider equity award. On November 7, 2025, a director received 156,619 restricted stock units (RSUs) under the company’s 2024 Omnibus Equity Incentive Plan. Each RSU represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the Administrator’s discretion.
The RSUs vest on June 9, 2026, subject to the director’s continued service through that date. Following the grant, the reporting person beneficially owns 156,619 derivative securities directly. The filing lists a price of $0 for the RSUs, consistent with their nature.
Mawson Infrastructure Group (MIGI) reported a director equity transaction on Form 4. The director received 36,188 restricted stock units (RSUs) on November 7, 2025 for board service, which were deemed vested on June 12, 2025 and settled into 36,188 shares of common stock on November 10, 2025. Following settlement, 36,188 shares were beneficially owned directly.
The director was also granted 138,053 RSUs on November 7, 2025 that vest on June 9, 2026, subject to continued service. After the reported transactions, 138,053 derivative RSUs remained beneficially owned.
Mawson Infrastructure Group (MIGI) reported an insider equity award. A director received 197,570 restricted stock units on November 7, 2025 under the company’s 2024 Omnibus Equity Incentive Plan. Each RSU represents the right to receive one share of common stock, an equivalent cash amount at fair market value, or a combination, at the Administrator’s discretion.
The RSUs vest on June 9, 2026, contingent on continued service through that date. The filing lists a price of $0 for the grant and shows 197,570 derivative securities beneficially owned following the transaction, held directly.
Mawson Infrastructure Group (MIGI) extended the lease for its 9,918 square foot developed mining facility in Bellefonte, PA. Its subsidiary, Mawson Bellefonte LLC, executed a lease amendment on November 6, 2025, exercising the five-year renewal option and extending the term to December 31, 2030. The original lease was set to run through December 31, 2025.
The company announced the extension via a press release furnished as Exhibit 99.1.
Mawson Infrastructure Group (MIGI) reported a court outcome. The United States Bankruptcy Court for the District of Delaware dismissed the involuntary bankruptcy petition filed against the company, and on November 4, 2025 issued a written order formalizing its October 21 bench ruling.
The company also issued a press release announcing the order. This removes the involuntary case and clarifies the company is not in bankruptcy as a result of that petition.
Mawson Infrastructure Group (MIGI) reported Nasdaq compliance extensions. The company previously fell below the Nasdaq Market Value of Listed Securities requirement of $35.0 million under Rule 5550(b)(2) and the $1.00 minimum bid price under Rule 5550(a)(2). After a hearing, the Panel had set deadlines of October 15, 2025 for MVLS and November 7, 2025 for bid price.
On October 31, 2025, the Panel granted Mawson’s request to extend those deadlines to December 19, 2025 for MVLS and December 4, 2025 for the bid price. The company notes there is no assurance it will regain or maintain compliance; failure to do so would subject its securities to delisting. Mawson issued a press release on November 3, 2025 announcing the extensions.