Rahul Mewawalla Files SC 13D for Mawson Infrastructure Group

TL;DR

**Mewawalla files 13D on MAWS. Big investor action.**

AI Summary

Rahul Mewawalla has filed a Schedule 13D with the SEC on July 3, 2024, regarding Mawson Infrastructure Group Inc. The filing indicates a change in beneficial ownership of the company's common stock. The specific details of the transaction or ownership stake are not fully disclosed in the provided text, but it signifies a significant filing by an individual investor.

Why It Matters

This filing signals a potential shift in the ownership structure or investment strategy of Mawson Infrastructure Group Inc., which could impact its stock price and future corporate actions.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant stake-building or activist intentions by investors, which can lead to increased volatility and uncertainty for the company.

Key Players & Entities

• Rahul Mewawalla (person) — Filing person and potential significant shareholder
• Mawson Infrastructure Group Inc. (company) — Subject company of the filing
• 0001213900-24-059094 (filing_id) — SEC Accession Number for this filing
• July 3, 2024 (date) — Date of filing
• July 1, 2024 (date) — Date of event requiring filing

FAQ

Key Financial Figures

• $0.001 — me of Issuer) Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• ea0208925-13dmewawalla_maws.htm (SC 13D) — 31KB
• 0001213900-24-059094.txt ( ) — 33KB

Security and Issuer

Item 1. Security and Issuer. This Schedule 13D (this “Statement”) relates to the Common Stock, par value $0.001 per share (“Common Stock”), of Mawson Infrastructure Group Inc. (the “Issuer”). The principal executive office of the Issuer is located at 950 Railroad Avenue, Midland, Pennsylvania 15059.

Identity and Background

Item 2. Identity and Background. (a) This Statement is being filed on behalf of Rahul Mewawalla (the “Reporting Person”). (b) The business address of the Reporting Persons is c/o Mawson Infrastructure Group Inc. , 950 Railroad Avenue, Midland, Pennsylvania 15059. (c) The Reporting Person is a Director, and the Chief Executive Officer and President, of the Issuer. (d)–(e) During the last five years, the Reporting Person has not been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) The Reporting Person is a citizen of the United States of America.

Source and Amount of Funds or Other Consideration

Item 3. Source and Amount of Funds or Other Consideration. On July 1, 2024, the Reporting Person was issued 1,801,153 restricted stock units, which vested the same day, and the Reporting Person received 1,035,120 shares of Common Stock after settlement of the restricted stock units and 766,033 shares of Common Stock withheld for taxes.

Purpose of Transaction

Item 4. Purpose of Transaction. The Reporting Person does not have any present plans or proposals of the types set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D. The Reporting Person may, from time to time, acquire additional shares of Common Stock or dispose of all or a portion of the Common Stock that he beneficially owns, either in the open market or in privately negotiated transactions.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer. (a) The Reporting Person beneficially owns an aggregate of 1,908,892 shares of Common Stock, which represents 10.9% of the outstanding shares of Common Stock based upon the 17,518,483 shares of Common Stock of the Issuer outstanding as set forth in the quarterly report on Form 10-Q filed by the Issuer with the Securities and Exchange Commission on May 15, 2024 (the “Form 10-Q”). (b) The Reporting Person has the sole power to vote and to dispose of or direct the disposition of all 1,908,892 shares of Common Stock. (c) On July 1, 2024, the Reporting Person was issued 1,801,153 restricted stock units, which vested the same day, and the Reporting Person received 1,035,120 shares of Common Stock after settlement of the restricted stock units and 766,033 shares of Common Stock withheld for taxes. (d) Not applicable. (e) Not applicable.

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. None.

Material to be Filed as Exhibits

Item 7. Material to be Filed as Exhibits. None. 3 SIGNATURE After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned hereby certifies that the information set forth in this statement is true, complete and correct. Dated: July 3, 2024 /s/ Rahul Mewawalla Rahul Mewawalla 4

View Full Filing

View this SC 13D filing on SEC EDGAR