The Hong Kong company began in traditional finance in 2016, listed on Nasdaq in 2023 and acquired AlloyX in 2025 to expand tokenization and AI infrastructure.
Ownership and voting power remain unchanged; the $0.001 par value stays intact, and holders need not act as the split targets NYSE American compliance.
The options vest 25% after each employee's first anniversary, with the rest in three annual installments tied to continued employment under Nasdaq rules.
Net proceeds also repay $21 million under Gray's credit facility, while the 7.500% notes mature Sept. 15, 2034; the 2029-note redemption is expected Aug. 27.
3,437,500 shares were sold, with Roth Capital holding a 30-day option for 515,625 more; expected proceeds are intended for R&D, sales and working capital.
BIGG has 355.8M shares outstanding and would have about 50.8M after consolidation. TSXV acceptance and filings remain pending. No shareholder vote required.
iPhone 14+ phones with iOS 18+ and Pixel 9+ devices can send satellite texts if network service fails; eligible closed-cycle overages are automatically credited.