Mawson Infrastructure: Review Of Strategic Opportunities Ongoing
(RTTNews) - Mawson Infrastructure Group said its Board formed a Strategic Transactions Committee to evaluate a range of alternatives to the company, including potential M&A transactions, joint ventures and other opportunities. There is no deadline or definitive timetable set for completion of the strategic process.
Ryan Costello, Chair of the Board, said: "Mawson has valuable assets, strong potential, and a strategy built for sustainable growth, and the Board will continue to explore all opportunities to unlock significant value and deliver superior returns for our shareholders."
At last close, Mawson Infrastructure was trading at $2.52, down 4.18%.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.