Mawson Infrastructure Group Inc Announces New Board Appointment
2023年9月28日 - 9:30PM
Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson" or the
"Company"), a digital infrastructure provider, announced today the
appointment of Mr. Ryan Costello as an independent Member of the
Board of Directors and independent Member of the Audit,
Compensation and Nomination and Governance Committees commencing
October 2, 2023. The Audit Committee will also subsequently consist
of the required number of independent directors under NASDAQ Rules.
Mr. Costello previously served as U.S.
Congressman from Pennsylvania (PA-6) from 2015-2019. During his
tenure in the United States Congress, he served on the
Congressional Committee on Energy and Commerce, which oversees a
broad range of industries and policy areas, as well as the
Transportation and Veteran’s Affairs Committees. He served as a
fellow at the George Washington University Graduate School of
Political Management and has been a visiting lecturer at American
University. He received a Wharton Online Certificate in Economics
of Blockchain and Digital Assets.
Greg Martin, Chairman of the Board of
Mawson Infrastructure Group, Inc., commented, “I am
delighted to welcome Ryan to our Board, as he brings a wealth of
knowledge across several markets including digital assets,
technology, and energy. We look forward to the valuable knowledge
and perspective he will bring as the newest member of the Mawson
Board of Directors."
Rahul Mewawalla, CEO and President,
commented, “We are looking forward to having Ryan join our
board of directors. We recently set new operational performance
records across our sites and facilities in Pennsylvania. As we
further advance our operations in the market, I would like to thank
all the communities and partners that we work together with for
their tremendous ongoing support of Mawson."
Ryan Costello, commented, “I am
excited to join the Mawson Board of Directors, and I look forward
to contributing to the success and strength of the Company as it
drives its long-term growth strategy."
About Mawson Infrastructure
Mawson Infrastructure Group (NASDAQ: MIGI) is a digital
infrastructure company. Mawson’s vertically integrated model is
based on a long-term strategy to promote the global transition to
the new digital economy. Mawson aligns digital infrastructure,
sustainable energy, and next-generation fixed and mobile data
center solutions, enabling efficient Bitcoin production and
on-demand deployment of digital infrastructure assets. Mawson
Infrastructure Group is emerging as a global leader in ESG focused
digital infrastructure and Bitcoin mining.
For more information, visit: https://mawsoninc.com/
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
Mawson cautions that statements in this press release that are
not a description of historical fact are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words referencing future events or circumstances such as “expect,”
“intend,” “plan,” “anticipate,” “believe,” and “will,” among
others. Because such statements are subject to risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. These
forward-looking statements are based upon Mawson’s current
expectations and involve assumptions that may never materialize or
may prove to be incorrect. Actual results and the timing of events
could differ materially from those anticipated in such
forward-looking statements as a result of various risks and
uncertainties, which include, without limitation, the possibility
that Mawson’s need and ability to raise additional capital, the
development and acceptance of digital asset networks and digital
assets and their protocols and software, the reduction in
incentives to mine digital assets over time, the costs associated
with digital asset mining, the volatility in the value and prices
of cryptocurrencies and further or new regulation of digital
assets. More detailed information about the risks and uncertainties
affecting Mawson is contained under the heading “Risk Factors”
included in Mawson’s Annual Report on Form 10-K filed with the SEC
on March 23, 2023, and Mawson’s Quarterly Report on Form 10-Q filed
with the SEC on May 15, 2023, August 21, 2023, and in other filings
Mawson has made and may make with the SEC in the future. One should
not place undue reliance on these forward-looking statements, which
speak only as of the date on which they were made. Because such
statements are subject to risks and uncertainties, actual results
may differ materially from those expressed or implied by such
forward-looking statements. Mawson undertakes no obligation to
update such statements to reflect events that occur or
circumstances that exist after the date on which they were made,
except as may be required by law.
Investor Contact: Sandy Harrison Chief
Financial OfficerIR@mawsoninc.com
Mawson Infrastructure (NASDAQ:MIGI)
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