Mawson Infrastructure Group Inc.

Form Type: 424B5

Filing Date: 2024-12-13

Corporate Action: Bankruptcy

Type: Update

Accession Number: 000121390024108609

Comments: Mawson Infrastructure Group Inc. entered into a Sales Agreement on December 13, 2024, for the offering of common stock with an aggregate amount of up to $12 million through Roth Capital Partners, LLC, and A.G.P./Alliance Global Partners. The company has also faced an involuntary Chapter 11 bankruptcy petition filed by petitioning creditors on December 4, 2024, in the Delaware Bankruptcy Court. This petition may affect the value of the common stock significantly, with the risk of the stock becoming worthless. The company continues operations under the ordinary course provisions of bankruptcy law as no relief order has been entered yet. Shareholders face uncertainty as recovery through a potential Chapter 11 plan may only occur after senior creditors are paid in full. The common stock trading remains speculative amid the ongoing bankruptcy proceedings.

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