Mawson Infrastructure Group Inc. Responds to Recent Report
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Mawson Infrastructure Group Inc. (NASDAQ: MIGI) has clarified that reports of the company filing for Chapter 11 bankruptcy are false. The company remains focused on its digital infrastructure platforms for AI, HPC, and digital assets markets.
December 04, 2024 | 10:00 pm
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Mawson Infrastructure Group Inc. has denied false reports of filing for Chapter 11 bankruptcy, which could stabilize investor confidence and prevent stock price decline.
The false report of a Chapter 11 filing could have negatively impacted investor confidence and stock prices. Mawson's prompt denial helps to stabilize the situation, preventing potential panic selling and maintaining stock price stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100