Jul. 14 at 9:55 PM
$PHUN -
$MIGI actions being ignored here against
$PHUN Chair?
On July 8, 2025, the Board of Directors (the “Board”) of Mawson Infrastructure Group Inc. (the “Company”) provided Mr. Rahul Mewawalla with notice of termination of his employment as Chief Executive Officer and President of the Company effective immediately in accordance with the terms of his employment agreement with the Company, dated May 22, 2023 (as amended, the “Mewawalla Agreement”), and that such termination was for “Cause” (as defined in the Mewawalla Agreement).
In connection with Mr. Mewawalla’s termination, he will forfeit his outstanding equity award of 4,548,512 unvested restricted stock units.
