Mawson Infrastructure files adversary proceedings in U.S. Bankruptcy Court

Core Viewpoint - Mawson Infrastructure Group has initiated legal action against multiple parties involved in an involuntary bankruptcy filing, claiming damages for financial harm and reputational damage caused by the petitioning creditors [1] Group 1: Legal Action - Mawson Infrastructure Group filed an adversary proceeding in the U.S. Bankruptcy Court for the District of Delaware against W Capital Advisors and others [1] - The action seeks attorneys' fees, costs, and damages related to the December 2024 involuntary bankruptcy [1] - The complaint alleges a coordinated campaign by petitioning creditors that resulted in a market capitalization loss of approximately $23 million in one day [1] Group 2: Court Proceedings - The involuntary petition was dismissed with prejudice on November 4, preserving Mawson's right to pursue remedies against the petitioning creditors [1] - Mawson is seeking compensatory and punitive damages, sanctions, and injunctive relief to prevent further violations of the bankruptcy process [1] Group 3: Company Statements - Mawson's Interim CEO and General Counsel emphasized the importance of protecting shareholder value and holding responsible parties accountable for misconduct [1] - The company is committed to pursuing full recovery to safeguard shareholders' investments [1]