Mawson shares surge 32.5% after hours as shareholders approve First Nordic acquisition, with court order sought for Dec 8.
ByAinvest
Friday, Dec 5, 2025 6:25 pm ET1min read
MIGI--
Mawson surged 32.50% in after-hours trading following First Nordic Metals Corp.’s announcement that Mawson Finland Limited’s shareholders approved a statutory plan of arrangement for First Nordic’s acquisition of the company. The approval paves the way for seeking a final court order on December 8, 2025, with a target closing by December 16, 2025. The transaction, which includes a share consolidation at a 4:1 ratio, signals regulatory and shareholder alignment with the strategic merger, bolstering investor confidence. Other news items, including unrelated mentions of Mawson Infrastructure Group (MIGI) and a non-specific Yahoo Finance page, lacked material relevance to the stock’s movement.
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