Mawson surged 20% in after-hours trading following First Nordic Metals Corp.’s announcement that Mawson Finland Limited shareholders approved the proposed acquisition by First Nordic via a statutory plan of arrangement. The company will seek a final court order on December 8, 2025, with a targeted closing by December 16, 2025. The share consolidation (4:1) and revised capital structure, effective December 10, further underscore the transaction’s progress. The approval of the acquisition and procedural clarity likely drove the after-hours rally, reflecting investor confidence in the deal’s completion. Other news events, including Mawson Infrastructure Group’s unrelated 10.84% decline and a non-informative Yahoo Finance error, were irrelevant to the price movement.
Comments
No comments yet