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Significant Transactions

12 Months Ended

Dec. 31, 2021

NOTE 13:-

SIGNIFICANT TRANSACTIONS

	1.	On March 9, 2021, the Company acquired the shares of Cosmos Capital Limited (now known as Mawson Infrastructure Group Pty Ltd) in a scrip for scrip exchange. This transaction has been accounted for as a reverse asset acquisition. This reverse asset acquisition and the associated impact including the write off of LO2A is referred to as the Cosmos Transaction. Refer note 4b.

	2.	On August 6, 2021, the Company finalized the 2021 PIPE Agreements with the 2021 PIPE Investors. Pursuant to the 2021 PIPE Agreements, the Company agreed to sell to the 2021 PIPE Investors, and the 2021 PIPE Investors agreed to purchase from the Company, in a private placement, an aggregate of 46,164,019 shares of common stock pre reverse stock split for a purchase price of $0.80 per share giving rise to gross proceeds of $36,931,215. On August 30, 2021, Mawson issued an additional 62,500 (625,000 pre reverse stock split) shares of common stock for a purchase price of $8.00 per share ($0.80 per share pre reverse stock split) under the 2021 PIPE Agreements of August 6, 2021, resulting in an additional $500,000 of gross proceeds under the 2021 PIPE Agreements, taking the total raised to $37,431,215.

	3.	On September 28, 2021, the Company completed an initial public offering (“IPO”) in which it issued common stock for net proceeds of $41.23 million, after deducting underwriter fees and estimated offering expenses.

	4.	In December 2021, the Company entered into a Secured Loan Facility Agreement with Marshall Investments MIG Pty Ltd. The total loan received prior to year-end was $7.63 million. The loan matures in 2023 and bears interest at a rate of 12.00% per annum, payable monthly which commenced December 2021.

Cosmos Infrastructure LLC (“Infrastructure”) entered into two Long-Term Purchase Contracts with Canaan Convey Co Ltd (“Canaan”) as set out in note 7.