Mawson Infrastructure Group saw its stock fall sharply by almost thirty percent on Wednesday. This happened right after the company said it will go ahead with a one for twenty reverse stock split. The main goal is to bring its share price back up so it can meet Nasdaq’s rules again.
The company’s board has already approved this move. It will officially take effect on November twentieth in twenty twenty five. The stock will start trading in its new form the next day. The trading symbol will stay the same but the stock will get a new identification number.
Mawson works in digital infrastructure for artificial intelligence, high performance computing and digital assets. The reverse split is mostly being done to lift the price of each share. This is needed because Nasdaq requires a minimum price for companies to stay listed.
Shareholders had already voted on this plan in October twenty twenty five. They allowed the board to choose any split between one for two and one for thirty. The board finally settled on one for twenty.
When the split happens every twenty existing shares will become one single new share. The company will not create any fractional shares. If a shareholder ends up needing a fraction the company will round it up to the nearest whole share. This change will not affect how much of the company each person owns except for very tiny differences from rounding.
People who already hold their shares electronically do not need to do anything. Their accounts will show the new number of shares automatically. Anyone who keeps their shares through a broker will also see the change happen on its own based on how their broker handles these updates.