Mawson Infrastructure Group Counting on NASDAQ Debut for Future Expansion
Mawson Infrastructure Group is looking to expand its stock market a few months after submitting the NASDAQ listing application. Formerly known as Cosmos Capital, it deals with digital asset infrastructure for the energy and capital market sectors. The firm submitted a NASDAQ listing application in June 2021, through which it intends to expand its stock markets. Mawson intends to go public on NASDAQ with a $1 billion valuation with its establishments in the United States and Australia. For more information about the company, click here.
FOR IMMEDIATE RELEASE
Sandersville, GA, September 1, 2021– Mawson Infrastructure Group (OTCQB: MIGI), a global leading-edge digital asset infrastructure company, is counting on its NASDAQ debut as a backbone for its stock market expansion goals. The rapidly growing firm is currently expanding its reach in the USA and Australia, with a presence in Sydney, Georgia, and Nebraska.
In June this year, Mawson submitted a NASDAQ listing application hoping to get into the international stock market. This step followed after a failed attempt to secure a place with the Australian Securities Exchange. The NASDAQ debut is hopefully going to put the firm on the world’s highest ranks of technology and capital markets companies, according to James Manning, founder and CEO of Mawson Infrastructure Group Inc.
“Since our reverse-merger onto the OTC Market in March, we have been focused on the next step of our journey, which is uplifting to the NASDAQ Capital Market. We believe listing our common stock on the NASDAQ will improve liquidity, increase our corporate visibility, and enhance shareholder value,” said Manning.
Mawson intends to go public on NASDAQ with a valuation of $1 billion. Such strides will see the Sydney-headquartered company rise to the ranks of global technology and currency mining companies with an attractive market value.
“We are excited to have submitted this application, which, if successful, would see us join the ranks of global technology companies listed in the US. We look forward to updating shareholders on our progress in due course,” added Manning.
The company capitalizes on digital assets mining and management, as well as infrastructure and hosting. It recently purchased over 17,000 latest generation ASIC bitcoin mining hardware from the Beijing-based supercomputing solutions provider Canaan. Miners will access the hardware later this year or early 2022.
“Canaan has delivered consistently and on time, and in an environment where ASIC bitcoin mining hardware supply is once again becoming harder to secure. We are delighted to cement our partnership further. Coupled with our extensive power infrastructure across the USA and Australia, we look forward to having these units online in late 2021 and early 2022,” Manning noted.
About Mawson Infrastructure Group: Mawson Infrastructure Group Inc. is a digital infrastructure provider specializing in digital asset mining and management. The Sydney-headquartered firm also provides wholesale hosting solutions for mining operations across the United States. The company aims at bridging the gap between the digital asset industry and traditional capital markets. Formerly Cosmos Capital Pty Ltd, the firm merged with Wize Pharma in 2020 to birth Mawson Infrastructure Group.
Name: Liam Wilson
Organization: Mawson Infrastructure Group, Inc.
Address: Sandersville, GA 31082
Phone: +1 332 201 9660