· Trendometric Newsdesk · SEC Filings · 1 min read
Mawson Infrastructure Group Secures Dismissal of Involuntary Bankruptcy Petition
Mawson Infrastructure Group announces the Delaware Bankruptcy Court dismissed an involuntary Chapter 11 petition, clearing its financial path.
Mawson Infrastructure Group Inc. (NASDAQ:MIGI) announced that the United States Bankruptcy Court for the District of Delaware dismissed an involuntary Chapter 11 bankruptcy petition filed against the company on October 21, 2025.
The involuntary petition, originally filed on December 4, 2024, by certain petitioning creditors in the Delaware Bankruptcy Court, Bankr. Case No. 24-12726, was dismissed following successful motions brought by Mawson Infrastructure Group against the filing parties. The petitioners subsequently filed a motion to dismiss, which the court granted.
Kaliste Saloom, Mawson's Interim Chief Executive Officer, General Counsel and Corporate Secretary, stated that the involuntary petition caused a 'significant drop in our stock price' and expressed an expectation that the dismissal 'will relieve the downward pressure on our stock price and provide us with greater liquidity'. Saloom added that the company is looking forward to 'continued growth and providing increased value to our stockholders'. Mawson Infrastructure Group is a U.S.-based technology company that designs, builds, and operates digital infrastructure platforms for artificial intelligence, high-performance computing, digital assets including Bitcoin mining, and other intensive compute applications. The company emphasizes powering its operations with carbon-free energy resources, including nuclear power, and currently has 129 megawatts of capacity online.
- Mawson Infrastructure Group
- Legal Matter
- NASDAQ:MIGI