Mawson Infrastructure Group (MIGI) Announces 8M Share Offering at $0.80/sh

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Mawson Infrastructure Group Inc. Announces $6.4 Million Registered Direct Offering

July 18, 2022 8:09 AM EDT

ATLANTA--(BUSINESS WIRE)-- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (Mawson), a digital infrastructure provider, today announced a $6.4 million registered direct offering.

Mawson has entered into a definitive agreement with an institutional investor for the issuance and sale of 8,000,000 shares of its common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 10,000,000 shares of its common stock at an offering price of $0.80 per share (or pre-funded warrant) and accompanying warrant, in a registered direct offering. The warrants will have an exercise price of $1.01 per share, are exercisable six months... More