Mawson Infrastructure Group Inc. Announces Board Changes

TL;DR

Mawson board shakeup: O'Connor out, two new directors in. Details on pay to follow.

AI Summary

Mawson Infrastructure Group Inc. announced on August 7, 2024, the departure of Director Michael R. O'Connor and the appointment of new directors, including Dr. Robert L. P. M. van der Meer and Mr. David J. G. L. van der Meer. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this excerpt.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Board changes and undisclosed compensatory arrangements introduce uncertainty regarding the company's direction and financial commitments.

Key Players & Entities

• Mawson Infrastructure Group Inc. (company) — Registrant
• Michael R. O'Connor (person) — Departing Director
• Dr. Robert L. P. M. van der Meer (person) — Appointed Director
• Mr. David J. G. L. van der Meer (person) — Appointed Director
• August 7, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.001 — nge on Which Registered Common Stock, $0.001 par value MIGI The Nasdaq Stock Mar

Filing Documents

• f8k_080924.htm (8-K) — 22KB
• 0001171843-24-004653.txt ( ) — 190KB
• migi-20240807.xsd (EX-101.SCH) — 3KB
• migi-20240807_lab.xml (EX-101.LAB) — 33KB
• migi-20240807_pre.xml (EX-101.PRE) — 22KB
• f8k_080924_htm.xml (XML) — 3KB

02 – Departure of Directors or Certain Officers; Election

Item 5.02 – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Officers. Mawson Infrastructure Group Inc. (the "Company") announces the departure of Mr. Craig Hibbard as the Company's Chief Development Officer given personal reasons. Mr. Hibbard will remain with the Company in a full-time capacity until February 6, 2025 to ensure a structured transition. The Company does not plan to continue with a Chief Development Officer position henceforth and the responsibilities will be divided amongst other management team members. Mr. Hibbard's resignation is not the result of any dispute or disagreement with the Company or management and is not a reflection on the Company's results of operations. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Current Report on Form 8-K contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this Current Report on Form 8-K are forward-looking statements. Forward-looking statements contained in this Current Report on Form 8-K may be identified by the use of words such as "ensure," "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will", "would," or the negative of these words or other similar expressions, although not all forward-looking uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors, which are,

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Mawson Infrastructure Group Inc. Date: August 9, 2024 By: /s/ Kaliste Saloom Kaliste Saloom General Counsel and Corporate Secretary

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