Mawson Infrastructure Group (MIGI) Announces 2.08M Share Offering at $2.40/sh

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Mawson Infrastructure Group Inc. Announces $5 Million Registered Direct Offering

May 4, 2023 8:00 AM EDT

SHARON, Pa.--(BUSINESS WIRE)-- Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (Mawson or the Company), a digital infrastructure provider, today announced a $5 million registered direct offering.

Mawson has entered into a definitive agreement with institutional investors for the issuance and sale of 2,083,336 shares of its common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.40 per share of common stock (or $2.399 per pre-funded warrant, which represents the per share offering price for the common stock less the $0.001 per share exercise price for each pre-funded warrant) in a registered direct offering.... More