0001213900-24-059087.txt : 20240703 0001213900-24-059087.hdr.sgml : 20240703 20240703164508 ACCESSION NUMBER: 0001213900-24-059087 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240701 FILED AS OF DATE: 20240703 DATE AS OF CHANGE: 20240703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MEWAWALLA RAHUL CENTRAL INDEX KEY: 0001869191 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40849 FILM NUMBER: 241100676 MAIL ADDRESS: STREET 1: 265 TURNER DRIVE CITY: DURANGO STATE: CO ZIP: 80202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Mawson Infrastructure Group Inc. CENTRAL INDEX KEY: 0001218683 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 880445167 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 201 CLARK STREET CITY: SHARON STATE: PA ZIP: 16146 BUSINESS PHONE: 61 02 8624 6130 MAIL ADDRESS: STREET 1: 201 CLARK STREET CITY: SHARON STATE: PA ZIP: 16146 FORMER COMPANY: FORMER CONFORMED NAME: Wize Pharma, Inc. DATE OF NAME CHANGE: 20171120 FORMER COMPANY: FORMER CONFORMED NAME: OphthaliX, Inc. DATE OF NAME CHANGE: 20120207 FORMER COMPANY: FORMER CONFORMED NAME: DENALI CONCRETE MANAGEMENT INC DATE OF NAME CHANGE: 20030213 4 1 ownership.xml X0508 4 2024-07-01 0 0001218683 Mawson Infrastructure Group Inc. MIGI 0001869191 MEWAWALLA RAHUL C/O MAWSON INFRASTRUCTURE GROUP INC. 950 RAILROAD AVENUE MIDLAND PA 15059 1 1 0 0 Director, CEO, President 0 Common Stock 2024-07-01 4 M 0 1801153 A 2674925 D Common Stock 2024-07-01 4 F 0 766033 1.58 D 1908892 D Restricted Stock Units 2024-07-01 4 A 0 1801153 0 A 2034-07-01 Common Stock 1801153 1801153 D Restricted Stock Units 2024-07-01 4 M 0 1801153 0 D Common Stock 1801153 0 D Restricted Stock Units 2024-07-01 4 A 0 2881845 0 A 2034-07-01 Common Stock 2881845 2881845 D Stock Option 1.58 2024-07-01 4 A 0 1750000 0 A 2034-07-01 Common Stock 1750000 1750000 D Each restricted stock unit is issued under and subject to the terms of the Mawson Infrastructure Group Inc 2024 Omnibus Equity Incentive Plan ("Plan"), and represents the right to receive, at settlement, one share of common stock, an equivalent cash amount at fair market value, or a combination, at the discretion of the Administrator of the Plan. The restricted stock units granted under this award vest on July 1, 2024. Restricted stock units convert into common stock on a one-for-one basis. On July 1, 2024, the reporting person was granted 1,801,153 restricted stock units and vesting and settling on the same date. The restricted stock units granted under this award vest in four equal, annual installments on August 26, 2025, August 25, 2026, August 24, 2027 and August 23, 2028. Once vested, the RSUs are exercisable until expiration. The Stock Option vests in amounts when the Company's average stock price for ten days has reached or exceeded the corresponding price as follow: 500,000 Shares vest at price of $1.89, 400,000 Shares vest at price of $2.30, 300,000 Shares vest at $3.60, 200,000 Shares vest at price of $4.70, 100,000 Shares vest at price of $6.00, 100,000 Shares vest at price of $7.10, 100,000 Shares vest at price of $8.20, and 50,000 Shares vest at price of $9.40. Provided that if the corresponding price vesting condition is met prior to January 1, 2025, such portion of the option shall vest on January 1, 2025. In addition, if the Company undergoes or upon a change in control, all Options shall be fully and immediately accelerated. Exhibit 24.1: Power of Attorney /s/ Kaliste Saloom, as Attorney-in-Fact 2024-07-03 EX-24.1 2 ea020892508ex24-1_mawson.htm POWER OF ATTORNEY

Exhibit 24.1

POWER OF ATTORNEY

The undersigned, Rahul Mewawalla, hereby constitutes and appoints Kaliste Saloom and Adam Yaeger, any of them (Each an “Attorney-in-Fact”), as the undersigned's true and lawful attorney-in-fact, with respect to Mawson Infrastructure Group, Inc, a Delaware corporation (the “Company”), to:

1. Enabling the undersigned to make electronic filings with the SEC of reports as required, by the Attorney-in-Fact under Section 16 of the Securities Exchange Act of 1934 (the “Exchange Act”).

2. Prepare, execute and submit to the SEC, the Company, and/or any national securities exchange on which the Company's securities are listed, reports that the undersigned is required to file with the SEC, under Section 16 of the Exchange Act or any rule or regulation thereunder, with respect to any security of the Company, including without limitation SEC Forms 3, 4 and 5.

The undersigned hereby grants to the Attorney-in-Fact such power and authority to do what is requisite and necessary to be done in connection with the foregoing, hereby ratifying and confirming all that the Attorney-in-Fact, shall lawfully do or cause to be done by authority of this Power of Attorney.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities of the Company, unless earlier revoked by the undersigned in a signed writing delivered to the Company or the Attorney-in-Fact.

IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney as of July 1, 2024.

/s/ Rahul Mewawalla
Rahul Mewawalla