Mawson Infrastructure Group Inc. Provides Governance Update
MIDLAND, Pa., April 06, 2026 (GLOBE NEWSWIRE) — Mawson Infrastructure Group Inc. (“Mawson” or the “Firm”) at present introduced it has entered right into a cooperation settlement with The Endeavor Investor Group and its associates (collectively “Endeavor”) beneath which the Firm will appoint three impartial administrators, Kyle B. Danges, Okay. Rodger Davis and Lisa R. Hough, in addition to two Endeavor associates, Cody Smith and Phillip Stanley, to the Mawson Board of Administrators (the “Board”).
In reference to the cooperation settlement, Ryan Costello, Kathryn Schellenger and Steven Soles will step down from the Board. These appointments and resignations are efficient instantly.
Ryan Costello, departing Chair of the Mawson Board, mentioned, “As a board, Kathryn, Steven and I thought-about the choices obtainable and unanimously decided that coming into into an settlement with Endeavor is one of the best path ahead for Mawson and in one of the best curiosity of all shareholders. Now we have made significant strides in current months to navigate enterprise and trade challenges and reposition the enterprise towards increased development alternatives.”
Joshua Kilgore, Managing Member of Endeavor Blockchain, LLC, commented, “We’re happy to succeed in this settlement and imagine Mawson has the potential to grow to be a invaluable digital infrastructure platform. We look ahead to serving to the Firm notice its potential and ship worth for all Mawson shareholders.”
The cooperation settlement consists of, amongst different issues, customary standstill provisions and shall be filed as an exhibit to a Kind 8-Okay with the U.S. Securities and Alternate Fee.
New Board Member Biographies:
Kyle B. Danges has served as Founder and Principal at KBD Technique & Execution, LLC, since July 2023. Beforehand, he served as Chief Technique Officer & Head of Progressive Options Companies at illumifin, from October 2021 to July 2023 and as Technique Director at KPMG, from 2014 to October 2021. Mr. Danges obtained his B.S in Finance from the Smeal Faculty of Enterprise at Pennsylvania State College.
Okay. Rodger Davis has served as Managing Director at Ikaria Capital Group, a monetary companies agency, since September 2024. Previous to that, Mr. Davis served as a Director at White Oak Healthcare Finance, LLC, a healthcare targeted monetary companies supplier, from Could 2020 to September 2024. Mr. Davis has served as Co-Founder and Head of Finance for Inexperienced Minting Applied sciences Corp., a renewable power developer, since 2024. As well as, Mr. Davis is Associate at Objective Residing Ventures Jenison, LLC, a senior dwelling companies firm, since March 2026.
Lisa R. Hough at the moment serves as Co-Founder and Advisor of Eberly Vitality Ventures LLC, a behind-the-meter energy firm targeted on Bitcoin and AI infrastructure. She additionally serves as an Advisor to Trammell Enterprise Companions and as a Supervisory Board Member of Melanion Digital, a Paris-based UCITS ETF regulated by the French AMF and listed on Euronext Paris (not a U.S.-registered entity). She serves on the Board of Administrators of the Bitcoin Immediately Coalition and as a Founding Board Member of Proof of Workforce, a nonprofit targeted on Bitcoin adoption amongst unions and pension funds.
Cody Smith has served as Chief Working Officer of Massive Digital Vitality LLC, a digital asset mining, AI, and HPC firm, since August 2025. After founding Arrowhead Applied sciences, a cybersecurity agency, he served as its CEO from 2007 till it was acquired in July 2025. As CEO of Arrowhead Applied sciences, Mr. Smith suggested many personal and public corporations with respect to their inner controls, compliance, and safety.
Phil Stanley has served as Chief Govt Officer and Managing Member of PM Squared LLC, a non-public monetary advisory agency, the place he’s liable for monetary oversight, funding technique, and operations, since 2019. Mr. Stanley holds Sequence 7 and Sequence 66 securities licenses, in addition to Life and Well being Insurance coverage licenses, and earned a Bachelor’s diploma in Company Communications from Texas A&M College.
About Mawson
Mawson is a U.S.-based expertise firm that designs, builds, and operates next-generation digital infrastructure platforms. The corporate gives companies spanning synthetic intelligence (AI), excessive efficiency computing (HPC), digital property (together with Bitcoin mining), and different intensive compute functions. Mawson delivers each self-mining operations and colocation/internet hosting for enterprise prospects, with a vertically built-in infrastructure mannequin constructed for scalability and effectivity.
A core a part of Mawson’s technique is powering its operations with carbon-free power assets—together with nuclear energy—guaranteeing that its compute platforms help the fast development of the digital economic system in an environmentally sustainable approach. With 129 megawatts of capability already on-line and extra beneath improvement, Mawson is positioning itself as a aggressive supplier of carbon-aware digital infrastructure options.
For extra details about Mawson, go to: https://mawsoninc.com.
Cautionary Language on Ahead-Trying Statements
This press launch comprises “forward-looking statements” inside the that means of the Personal Securities Litigation Reform Act of 1995, together with, with out limitation, the Firm’s capacity to appreciate its potential to grow to be a invaluable digital infrastructure platform and create worth for shareholders. There will be no assurance that the outcomes or developments anticipated by the Firm shall be realized or, even when considerably realized, that they are going to have the anticipated penalties to, or results on, the Firm.
These statements are based mostly on present expectations and assumptions and are topic to dangers and uncertainties that would trigger precise outcomes to vary materially, together with, with out limitation, continued evolution and uncertainty associated to applied sciences and digital infrastructure; our capacity to proceed as a going concern; our capacity to keep up the itemizing of our frequent inventory on Nasdaq; the provision of our “at-the-market” program and our capacity or incapacity to safe extra funds via fairness financing transactions; entry to dependable and fairly priced electrical energy sources; operational, upkeep, restore, security, and development dangers; the failure or breakdown of mining gear, or web connection failure; our reliance on key administration personnel and workers; our capacity to draw or retain the expertise wanted to maintain or develop the enterprise; our capacity to develop and execute on our enterprise technique and plans; counterparty dangers associated to our prospects, agreements and/or contracts; the lack of a major digital colocation buyer; opposed actions by collectors, debt suppliers, or different events; continued evolution and uncertainty associated to development in blockchain and Bitcoin and different digital property’ utilization; excessive volatility in Bitcoin and different digital property’ costs and in worth attributable to our enterprise; our must, and issue in, elevating extra debt or fairness capital and the provision of financing alternatives; failure to keep up required compliance to stay eligible for essentially the most cost-effective types of elevating extra fairness capital; the evolution of AI and HPC market and altering applied sciences; the slower than anticipated development in demand for AI, HPC and different accelerated computing applied sciences; the flexibility to well timed implement and execute on AI and HPC digital infrastructure contracts or deployment; the flexibility to well timed full the digital infrastructure build-out in an effort to obtain its income expectations for the intervals talked about; downturns within the digital property trade; counterparty dangers and dangers of delayed or delinquent funds from prospects and others; inflation, financial or political surroundings; cyber-security threats; our capacity to acquire correct insurance coverage; banks and different monetary establishments ceasing to supply companies to our trade; adjustments to the Bitcoin and/or different networks’ protocols and software program; the lower within the incentive or elevated community issue to mine Bitcoin; the rise of transaction charges associated to digital property; the fraud or safety failures of huge digital asset exchanges; the regulation and taxation of digital property like Bitcoin; our capacity to well timed and successfully implement controls and procedures required by Part 404 of the Sarbanes-Oxley Act of 2002; how our frequent inventory shares might and/or shall be impacted by the dismissal of the involuntary petition filed in opposition to us in america Chapter Court docket for the District of Delaware; materials litigation, investigations, or enforcement actions, together with by regulators and governmental authorities; and different dangers described in Mawson’s filings with the SEC. Mawson undertakes no obligation to replace or revise forward-looking statements to replicate occasions or circumstances after the date of this launch, besides as required by legislation. Extra info relating to these and different components will be discovered within the “Administration’s Dialogue and Evaluation of Monetary Situation and Outcomes of Operations” and “Danger Elements” sections of the Firm’s SEC filings, together with, however not restricted to, its annual report on Kind 10-Okay and quarterly experiences on Kind 10-Q.
Contact
Investor Relations
Mawson Infrastructure Group, Inc.
Investor Contact: IR@mawsoninc.com
Partnerships Contact: Partnerships@mawsoninc.com
Media and Press Contact: mediarelations@mawsoninc.com
Web site: http://www.mawsoninc.com
