By Elias Schisgall
Mawson Infrastructure Group shares fell after the company said it was expanding its at-the-market offering program by $40 million.
The stock was down 12% to $5.39 in after-hours trading after closing at $6.10. Shares have fallen 63% in the past year.
The company said Thursday it isn't obligated to issue new shares through the program, but will do so at its discretion, factoring in strategic priorities and market conditions.
The expansion builds on the at-the-market offering agreement signed with H.C. Wainwright & Co in October, allowing the sale of up to $9.6 million in shares. The company has nearly reached this limit, it said Thursday.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
December 11, 2025 17:38 ET (22:38 GMT)
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