Mawson Infrastructure Group Faces Delisting Notice

Ticker: MIGI · Form: 8-K · Filed: Feb 12, 2025 · CIK: 1218683

Sentiment: bearish

Topics: delisting, listing-standards, compliance

TL;DR

Mawson's stock might be delisted or moved - big trouble brewing.

AI Summary

Mawson Infrastructure Group Inc. filed an 8-K on February 12, 2025, reporting a notice of delisting or failure to meet continued listing standards. The filing indicates a potential transfer of listing, though specific details and reasons are not provided in this excerpt. The company was formerly known as Wize Pharma, Inc. and OphthaliX, Inc.

Why It Matters

This filing signals potential issues with Mawson Infrastructure Group's compliance with stock exchange listing rules, which could impact its stock's tradability and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards is a significant red flag for a company's financial health and operational stability.

Key Players & Entities

FAQ

What specific listing rule or standard has Mawson Infrastructure Group Inc. failed to meet?

The provided excerpt does not specify the exact listing rule or standard that Mawson Infrastructure Group Inc. has failed to meet.

What is the reason for the potential transfer of listing mentioned in the filing?

The excerpt does not provide the specific reasons for the potential transfer of listing.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on February 6, 2025.

What was Mawson Infrastructure Group Inc. formerly known as?

Mawson Infrastructure Group Inc. was formerly known as Wize Pharma, Inc. and OphthaliX, Inc.

What is the Commission File Number for Mawson Infrastructure Group Inc.?

The Commission File Number for Mawson Infrastructure Group Inc. is 001-40849.

Filing Stats: 1,295 words · 5 min read · ~4 pages · Grade level 16.2 · Accepted 2025-02-12 17:00:54

Key Financial Figures

Filing Documents

01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On February 6, 2025, Mawson Infrastructure Group Inc. (the "Company") received written notice (the "Bid Price Notice") from the Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that for the last 30 consecutive business days prior to the date of the Bid Price Notice, the closing bid price of the Company's common stock was less than the $1.00 per share minimum bid price required for continued listing on The Nasdaq Capital Market, as required by Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule"). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Staff has provided the Company with 180 calendar days, or until August 5, 2025, to regain compliance with the Bid Price Rule. The Bid Price Notice has no immediate effect on the listing of the Company's securities on The Nasdaq Capital Market, and the Company's common stock continues to trade under the symbol "MIGI." If the Company regains compliance with the Bid Price Rule during the 180-day compliance period ending on August 5, 2025 (the "Compliance Period"), the Staff will provide written confirmation to the Company and close the matter. To regain compliance with the Bid Price Rule, the bid price for the Company's common stock must meet or exceed $1.00 per share minimum of ten consecutive business days during the Compliance Period (unless the Staff exercises its discretion to extend such ten business day period under Nasdaq Listing Rule 5810(c)(3)(H)). If the Company does not regain compliance by August 5, 2025, the Company may be eligible for an additional 180-day period to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except the Bid Price Rule. In addition, the Company wou

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Mawson Infrastructure Group Inc. Date: February 12, 2025 By: /s/ Kaliste Saloom Kaliste Saloom General Counsel and Corporate Secretary

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