Mawson Infrastructure Files Lawsuit; Says 'That The Petitioning Creditors In The Involuntary Petition W Capital Advisors Pty Ltd, Marshall Investments GCP Pty Ltd, Rayra Pty Ltd, And Affiliated Individuals, Engaged In A Coordinated Campaign To Harm Mawson, Which Caused Severe Financial Harm, Including A One-Day Market Capitalization Loss Of ~$23M, Reputational Damage And Millions In Legal Expenses'

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) ("Mawson" or the "Company") announced today that it has filed an adversary proceeding in the United States Bankruptcy Court for the District of Delaware (the "Court") in the matter entitled "Mawson Infrastructure Group Inc. versus W Capital Advisors Pty Ltd, et al.", under 11 U.S.C. § 303(i). The action seeks attorneys' fees, costs, and damages against multiple parties related to the December 2024 involuntary bankruptcy filed against Mawson (the "Involuntary Petition").

The complaint alleges that the petitioning creditors in the Involuntary Petition — W Capital Advisors Pty Ltd, Marshall Investments GCP Pty Ltd, Rayra Pty Ltd, and affiliated individuals — engaged in a coordinated campaign to harm Mawson, which caused severe financial harm, including a one-day market capitalization loss of approximately $23 million, reputational damage, and millions in legal expenses.

The Involuntary Petition was dismissed with prejudice by written order on November 4, 2025, and the Court expressly preserved Mawson's right to pursue certain remedies against the petitioning creditors. Mawson now seeks compensatory and punitive damages, sanctions, and injunctive relief to prevent further violations and deter future abuse of the bankruptcy process.