Mawson shares surge 12.75% after-hours as shareholders approve First Nordic acquisition arrangement.

Mawson surged 12.75% in after-hours trading following Mawson Finland Limited's announcement that shareholders approved the proposed acquisition by First Nordic. The company will seek a final court order for the statutory plan of arrangement on December 8, 2025, with a target closing on December 16. Additionally, First Nordic will consolidate its shares at a 4:1 ratio, reducing the outstanding share count from ~325.9 million to ~81.5 million. The consolidation, aimed at streamlining the acquisition process, and the shareholder endorsement of the deal likely boosted investor confidence, aligning with the stock's upward movement.