Welcome to our dedicated page for WIZP news (Ticker: WIZP), a resource for investors and traders seeking the latest updates and insights on WIZP stock.
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Wize Pharma Inc. (OTCQB: WIZP) has officially changed its name to Mawson Infrastructure Group Inc. following the acquisition of Cosmos Capital Limited. This strategic move aims to better represent the company’s operations in digital infrastructure, including cryptocurrency mining and asset management. CEO James Manning emphasizes the embodiment of explorer Douglas Mawson's spirit in their operations, which span the USA and Australia. Mawson’s mission focuses on linking the dynamic digital asset industry with traditional capital markets, prioritizing shareholder returns.
Wize Pharma, Inc. (OTCQB: WIZP) has declared its off-market takeover offer for Cosmos Capital Limited unconditional, with approximately 94.5% of Cosmos shareholders accepting the offer as of February 15, 2021. The takeover aims to enhance shareholder value by merging Wize’s clinical-stage operations with Cosmos’ digital infrastructure capabilities. The transaction is expected to close on or around March 9, 2021, with acceptance remaining open until March 11, 2021. Both companies believe this merger will benefit their respective shareholders amidst growing opportunities in the digital asset space.
