MIDLAND, Pa., June  09, 2026  (GLOBE NEWSWIRE) -- Big Digital Energy, Inc. (&#34;Big Digital&#34; or the &#34;Company&#34;) (Nasdaq: &#34;BGDE&#34;), today announced its Board of Directors (the &#34;Board&#34;) unanimously approved an amendment to

BGDE

Big Digital Energy, Inc. Terminates Existing Stockholder Rights Agreement

Big Digital Energy accelerates rights plan expiration, signaling governance shift

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>MIDLAND, Pa., June  09, 2026  (GLOBE NEWSWIRE) -- Big Digital Energy, Inc. (&amp;#34;Big Digital&amp;#34; or the &amp;#34;Company&amp;#34;) (Nasdaq: &amp;#34;BGDE&amp;#34;), today announced its Board of Directors (the &amp;#34;Board&amp;#34;) unanimously approved an amendment to</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Big Digital Energy said its board unanimously moved to accelerate the expiration of its stockholder rights plan to June 8, 2026, terminating the agreement. The move is framed to boost transparency and shareholder empowerment while addressing potential control risks from open-market accumulations; an 8-K will detail the amendment and ongoing governance implications.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Board accelerates expiration of Rights Agreement to June 8, 2026.</li><li>Move aims to boost transparency and shareholder empowerment.</li><li>Board cites risk of control gains via open-market accumulations.</li><li>8-K filing will detail the amendment with the SEC.</li><li>BGDE notes 129 MW online capacity with more in development.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Big Digital Energy, Inc. (BGDE)</strong>: Rights agreement termination may alter takeover protections and reflect governance empowerment.</li><li><strong>U.S. Securities and Exchange Commission (SEC)</strong>: Regulator receiving the 8-K; governs disclosure of the amendment and related details.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article reports a governance-related change to a poison-pill-like rights plan, which can influence takeover dynamics and investor perception without immediate earnings impact. The move aligns with a broader emphasis on transparency and shareholder alignment.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Rights plan expiration could remove anti-takeover protection, affecting takeover risk.</li><li>8-K filing expected; additional governance details may swing sentiment.</li><li>Governance shift may be viewed as transparency-driven, providing modest positive sentiment.</li><li>No immediate earnings impact; valuation drivers remain driven by assets and growth.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Rights Agreement accelerated expiration from Feb 1, 2027 to Jun 8, 2026; termination at end of day.</li><li>Board unanimously approved the amendment.</li><li>Original expiration date was Feb 1, 2027.</li><li>129 MW capacity online; more under development.</li><li>8-K filing with the SEC will disclose amendment details.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>BGDE may trade sideways in the near term as governance changes unfold; monitor 8-K details for valuation implications over weeks.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="left">MIDLAND, Pa., June  09, 2026  (GLOBE NEWSWIRE) -- Big Digital Energy, Inc. ("Big Digital" or the "Company") (Nasdaq: "BGDE"), today announced its Board of Directors (the "Board") unanimously approved an amendment to accelerate the expiration date of the Company's existing stockholder rights agreement (the "Rights Agreement") from February 1, 2027 to June 8, 2026. The effect of this amendment is to terminate the Rights Agreement at end of day on June 8, 2026.</p>  <p>In deciding to accelerate the expiration date of the Rights Agreement, the Board evaluated the Company's current circumstances, including the risk of any entity, person or group gaining a control or control-like position in the Company through open market accumulations of the Company's common stock or otherwise potentially disadvantaging the interests of the Company's stockholders. Based on this review, the Board concluded that the Rights Agreement is no longer required at this time.</p>  <p>"After carefully evaluating the Company's current circumstances and shareholder base, the Board determined that the Rights Agreement is no longer necessary at this time," said Josh Kilgore, Chairman of the Board of Big Digital. "Accelerating its expiration is another step toward greater transparency and shareholder empowerment. We believe this action further aligns the Company with the interests of all stockholders while maintaining the Board's ability to fulfill its fiduciary responsibilities and act in the best interests of the Company."</p>  <p>Additional details regarding the amendment will be included in a Current Report on Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission (the "SEC").</p>  <p><strong>About Big Digital Energy, Inc.</strong></p>  <p>Big Digital Energy, Inc. (Nasdaq: "BGDE") is a U.S.-based technology company that designs, builds, and operates next-generation digital infrastructure platforms. The Company provides services spanning artificial intelligence ("AI"), high performance computing ("HPC"), digital assets (including Bitcoin mining), and other intensive compute applications. The Company delivers both self-mining operations and colocation/hosting for enterprise customers, with a vertically integrated infrastructure model built for scalability and efficiency.</p>  <p>A core part of the Company's strategy is powering its operations with carbon-free energy resources—including nuclear power—ensuring that its compute platforms support the rapid growth of the digital economy in an environmentally sustainable way. With 129 megawatts of capacity already online and more under development, the Company is positioning itself as a competitive provider of carbon-aware digital infrastructure solutions.</p>  <p>For more information about the Company, visit: <a href="https://www.globenewswire.com/Tracker?data=HCUGgzHGR_fbEwpY5LZekxpemZTH1xWgwePbKGcsvNUfUvZqXbn71OOwWIDSf9ANCf7VumgIa2ev3ObPUU9047oKCBAWVguz9irIEFlRTz8=" rel="nofollow" target="_blank">https://bigdigital.energy</a></p>  <p><strong>CONTACT</strong></p>  <p>Investor Relations: IR@bigdigital.energy</p>  <p>Partnerships: Partnerships@bigdigital.energy</p>  <p>Media and Press: mediarelations@bigdigital.energy</p>  <p>Website: www. bigdigital.energy</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTczNDM0NSM3NjUzOTkyIzIyNjE0MjE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZDE4MjYxYmItODM5Ny00ODFmLTk5YWUtMWMzM2ExMTNiM2RlLTEyNzI5NzEtMjAyNi0wNi0wOS1lbg==/tiny/Big-Digital-Energy-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/b03d8a74-8f36-4ee0-8f9e-496a2135f463"><img src="https://ml.globenewswire.com/media/b03d8a74-8f36-4ee0-8f9e-496a2135f463/small/bde-logo-blacktext-1-png.png" border="0" width="150" height="52" alt="Primary Logo"></img></a></p>

Big Digital Energy said its board unanimously moved to accelerate the expiration of its stockholder rights plan to June 8, 2026, terminating the agreement. The move is framed to boost transparency and shareholder empowerment while addressing potential control risks from open-market accumulations; an 8-K will detail the amendment and ongoing governance implications.

Big Digital Energy, Inc. Terminates Existing Stockholder Rights Agreement

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News