Moxian changes name to Abits Group

Moxian has changed its corporate name from Moxian Inc to Abits Group Inc. In addition, the Company’s ticker symbol on the Nasdaq Capital Market will be changed to “ABTS” from “MOXC” effective before the opening of trading on November 17, 2023. The corporate name change to Abits Group Inc does not affect the rights of the Company’s shareholders and no action is required by shareholders with respect to the name change. The number of outstanding ordinary shares of the Company is also not affected by the name and ticker symbol changes.