Digital Infrastructure and Energy
Search documents
Independent Proxy Advisory Firms, Including ISS, Recommend Bitfarms Shareholders Vote FOR U.S. Redomiciliation
Globenewswire· 2026-03-05 14:10
Core Viewpoint - Bitfarms Ltd. is advocating for its U.S. redomiciliation, supported by independent proxy advisory firms, which is expected to enhance access to U.S. capital and mitigate regulatory risks [1][2]. Group 1: U.S. Redomiciliation - The U.S. redomiciliation is aimed at providing better access to U.S. capital, potential inclusion in additional indices, and alignment with U.S. shareholder and customer requirements [2]. - The transition from a foreign private issuer to a domestic SEC filer status is expected to unlock value creation opportunities for Bitfarms [2]. - The Arrangement Resolution requires approval from at least two-thirds of the votes cast at the upcoming shareholder meeting [4]. Group 2: Shareholder Engagement - Shareholders are encouraged to vote in favor of the Arrangement Resolution, with the meeting scheduled for March 20, 2026 [1][4]. - The record date for determining eligible shareholders is set for February 13, 2026, and shareholders are advised to vote their shares before the proxy deadline on March 18, 2026 [4]. Group 3: Company Overview - Bitfarms is a North American digital infrastructure and energy company that operates data centers and energy infrastructure for high-performance computing and next-generation technology applications [8]. - The company maintains a 2.1 GW North American energy portfolio, which includes energized, under development, and pipeline megawatts located in established data center clusters [9].