What Is Happening With Mawson Infrastructure Shares?

October 4, 2021 9:16 AM | 1 min read | Make a Comment

Digital infrastructure provider Mawson Infrastructure Group Inc MIGI closed its previously announced public offering of 3.91 million shares and 2.25 million warrants to buy up to 2.25 million common shares, at a public offering price of $11.50 per share and associated warrant, for total gross proceeds of $45.0 million.
In connection with the offering, the company's common stock was listed on the Nasdaq Capital Market under the symbol "MIGI" on September 29, 2021.
H.C. Wainwright & Co. acted as the sole book-running manager for the offering.
The offering proceeds would serve working capital and general corporate purposes.
Price Action: MIGI shares traded higher by 7.42% at $10.13 in the premarket session on the last check Monday.

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