As filed with the Securities and Exchange Commission on October 29, 2021April 1, 2022

Registration No. 333-

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM S-3

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

Mawson Infrastructure Group Inc.
MAWSON INFRASTRUCTURE GROUP inc.

(Exact name of registrant as specified in its charter)

Delaware 88-044516780-0445167

(State or other jurisdiction of

incorporation or organization)

 (I.R.S. Employer
Identification No.)
(I.R.S. Employer

 

Level 5, 97 Pacific Highway, North Sydney NSW Australia 2060

+61 202 8624 6130

(Address, including zip code, and telephone number,

including area code of registrant’s principal executive offices)

 

James Manning

Mawson Infrastructure Group Inc.

Chief Executive Officer

Level 5, 97 Pacific Highway, North Sydney NSW Australia 2060

+61 202 8624 6130

(Name, address, including zip code, and telephone number,

including area code of agent for service)

 

CopyWith a copy to:

Chad Ensz, Esq.

Dentons USSheppard, Mullin, Richter & Hampton LLP

4655 Executive Drive,12275 El Camino Real, Suite 700200

San Diego, CA 9212192130 USA

Telephone: +1 (858) 720-6361876-3508

Approximate date of commencement of proposed sale to the public: public: From time to time after the effective date of this registration statement.Registration Statement, as the registrant shall determine.

 

If the only securities being registered on this Formform are being offered pursuant to dividend or interest reinvestment plans, please check the following box box.

 

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box box.

 

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.

 

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.

 

If this Form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, please check the following box.

 

If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box.

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”filer” and “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filerAccelerated filer
Non-accelerated filerSmaller reporting company
Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.

 

CALCULATION OF REGISTRATION FEE
Title of Each Class of
Securities to be Registered (1)
 Amount
to be
Registered (1)
  Proposed
Maximum
Offering Price
Per Share (2)
  Proposed
Maximum
Aggregate
Offering
Price (2)
  Amount of
Registration
Fee (2)
 
Common Stock, par value $0.001 per share  8,228,819  $9.515   78,297,212.79  $7,258.15 

(1)Includes (i) 6,944,944 shares of the Registrant’s common stock and (ii) 1,283,875 shares of the Registrant’s common stock issuable upon exercise of warrants to purchase shares of the Registrant’s common stock Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also cover an indeterminate amount and number of each identified class of the identified securities as may be issued upon conversion, exchange, exercise or settlement of any other securities that provide for such conversion, exchange, exercise or settlement.

(2)Estimated in accordance with Rule 457(c) under the Securities Act solely for the purpose of calculating the registration fee on the basis of $9.61, the average of the high and low prices of the Registrant’s common stock as reported on the Nasdaq Capital Market on October 26, 2021.

The registrant hereby amends this Registration Statementregistration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this Registration Statementregistration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 as amended, or until the Registration Statementregistration statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.

 

 

 

 

 

The information in this prospectus is not complete and may be changed. WeThese securities may not sell these securitiesbe sold until the registration statement filed with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities, and we are not soliciting offersnor does it seek an offer to buy these securities in any state or other jurisdiction where the offer or sale is not permitted.

 

SUBJECT TO COMPLETION, DATED October 29, 2021April 1, 2022.

 

8,228,819 SharesPROSPECTUS

 

MAWSON INFRASTRUCTURE GROUP INC.

 

Common Stock

Preferred Stock
Debt Securities

This prospectus relatesWarrants
Units

$500,000,000

We may offer and sell up to $500,000,000 in the possible resale or other disposition,aggregate of the securities identified above from time to time in one or more offerings. This prospectus provides you with a general description of upthe securities.

Each time we offer and sell securities, we will provide a supplement to 8,228,819 sharesthis prospectus that contains specific information about the offering and the amounts, prices and terms of our common stock previously issued and issuable upon exercise of warrants to purchase shares of our common stock by the selling stockholders namedsecurities. The supplement may also add, update or change information contained in this prospectus or in supplementswith respect to that offering. You should carefully read this prospectus. See “Selling Stockholders.” We are registeringprospectus and the applicable shares of our common stock to provide the selling stockholders with freely tradable securities. The registration of the shares of our common stock covered by this prospectus does not necessarily mean that any shares of our common stock will be sold by any of the selling stockholders, and we cannot predict when orsupplement before you invest in what amounts any of the selling stockholders may sell any of our shares of common stock offered by this prospectus. The prices at which the selling stockholders may sell the shares of our common stock will be determined by prevailing market prices or at prices that may be obtained in negotiated transactions. We are filing the registration statement of which this prospectus is a part pursuant to contractual obligations that exist with the selling stockholders.securities.

 

We are not selling any shares of our common stock under this prospectus and will not receive any proceeds from any sale or disposition by the selling stockholders of the shares of our common stock covered by this prospectus. However, we will receive proceeds in connection with the applicable exercise price of the warrants to purchase shares of our common stock, unless any of such warrants will be exercised via cashless exercise to the extent provided for in the applicable warrant. In addition, we have agreed to pay all fees and expenses incident to our contractual obligations to register the shares of our common stock. The selling stockholders from time to time may offer and sell the shares of our common stock held by them directlysecurities described in this prospectus and any prospectus supplement to or through one or more underwriters, broker-dealersdealers and agents, or directly to purchasers, or through a combination of these methods. If any underwriters, dealers or agents on terms toare involved in the sale of any of the securities, their names and any applicable purchase price, fee, commission or discount arrangement between or among them will be determined atset forth, or will be calculable from the timeinformation set forth, in the applicable prospectus supplement. See the sections of sale, as described in more detail in this prospectus underentitled “About this Prospectus” and “Plan of Distribution.”Distribution” for more information. No shares of our common stocksecurities may be sold without delivery of this prospectus and the applicable prospectus supplement describing the method and terms of the offering of such shares.securities.

INVESTING IN OUR SECURITIES INVOLVES RISKS. SEE THE “RISK FACTORS” SECTION ON PAGE 5 OF THIS PROSPECTUS AND ANY SIMILAR SECTION CONTAINED IN THE APPLICABLE PROSPECTUS SUPPLEMENT AND THE OTHER DOCUMENTS THAT ARE INCORPORATED BY REFERENCE INTO THIS PROSPECTUS CONCERNING FACTORS YOU SHOULD CONSIDER BEFORE INVESTING IN OUR SECURITIES.

 

Our common stock tradesCommon Stock is quoted on the Nasdaq CapitalNASDAQ Stock Market or Nasdaq, under the symbol “MIGI.” On October 26 ,2021,March 21, 2022, the last reported sale price of our common stockCommon Stock on Nasdaqthe NASDAQ Stock Market was $9.45$4.17 per share.

 

INVESTING IN OUR SECURITIES INVOLVES A HIGH DEGREE OF RISK YOU SHOULD CAREFULLY READ AND CONSIDER THE RISK FACTORS DESCRIBED IN THIS PROSPECTUS AND IN THE DOCUMENTS INCORPORATED BY REFERENCE INTO THIS PROSPECTUS. SEE “RISK FACTORS” ON PAGE 3 BEFORE MAKING A DECISION TO INVEST IN OUR SECURITIES.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

 

The date of this prospectus is , 2021______________, 2022.

 

 

 

 

TABLE OF CONTENTS

 

 Page
ABOUT THIS PROSPECTUS1
ABOUT MAWSON INFRASTRUCTURE GROUP INC.2
RISK FACTORS3
CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION3
USE OF PROCEEDS4
DESCRIPTION OF COMMON STOCK5
SELLING STOCKHOLDERS7
PLAN OF DISTRIBUTION17
LEGAL MATTERS19
EXPERTS19
WHERE YOU CAN FIND MORE INFORMATION192
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE2
THE COMPANY3
RISK FACTORS5
USE OF PROCEEDS6
DESCRIPTION OF CAPITAL STOCK WE MAY OFFER6
DESCRIPTION OF DEBT SECURITIES WE MAY OFFER10
DESCRIPTION OF WARRANTS WE MAY OFFER19
DESCRIPTION OF UNITS WE MAY OFFER22
PLAN OF DISTRIBUTION23
LEGAL MATTERS24
EXPERTS24

 

i

 

 

ABOUT THIS PROSPECTUS

 

This prospectus is part of a registration statement that we filed with the U.S. Securities and Exchange Commission or SEC,(the “SEC”), using a “shelf’“shelf” registration process. Under thisBy using a shelf registration process, the selling stockholders named in this prospectusstatement, we may sell up to 8,228,819 shares of our common stock previously issued and issuable upon exercise of warrants to purchase shares of our common stocksecurities from time to time.

This prospectus provides you withtime and in one or more offerings up to a general descriptiontotal dollar amount of the$500,000,000 of securities we may offer.as described in this prospectus. Each time the selling stockholdersthat we offer and sell shares of our common stock,securities, we or the selling stockholders will provide a prospectus and anysupplement to this prospectus supplement containingthat contains specific information about the securities being offered and sold and the specific terms of the applicable offering, as required by applicable law.that offering. We may also authorize one or more free writing prospectuses to be provided to you that may contain material information relating to these offerings. The prospectus supplement or free writing prospectus may also add, update or change information contained in this prospectus or in documents incorporated by reference in this prospectus. Towith respect to that offering. If there is any inconsistency between the extent that any statement that we or the selling stockholders make in a prospectus supplement is inconsistent with statements madeinformation in this prospectus and the applicable prospectus supplement or in documents incorporated by reference in thisfree writing prospectus, the statements made or incorporated by reference in this prospectus will be deemed modified or superseded by those made inyou should rely on the prospectus supplement. Yousupplement or free writing prospectus, as applicable. Before purchasing any securities, you should carefully read both this prospectus and anythe applicable prospectus supplement (and any applicable free writing prospectuses), together with the additional information described under the headingheadings “Where You Can Find More Information” and “Incorporation of Certain Documents by Reference” before buying any shares of our common stock offered in this offering.Reference.”

 

No person has beenWe have not authorized anyone to giveprovide you with any information or to make any representations in connection with this offering other than those contained or incorporated by reference in this prospectus, any applicable prospectus supplement or any free writing prospectuses prepared by or on behalf of us or to which we have referred you. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. We will not make an offer to sell these securities in connection withany jurisdiction where the offering describedoffer or sale is not permitted. You should assume that the information appearing in this prospectus and if given or made, such information or representations must not be relied upon as having been authorized by us. Thisthe applicable prospectus shall not constitute an offersupplement to sell or a solicitation of an offer to buy offered securities in any jurisdiction in which it is unlawful for such person to make such an offering or solicitation. Neither the delivery of this prospectus nor any sale made hereunder shall under any circumstances implyis accurate only as of the date on its respective cover, that the information contained orappearing in any applicable free writing prospectuses is accurate only as of the date of that free writing prospectus, and that any information incorporated by reference in this prospectus is correctaccurate only as of any date subsequent to the date of this prospectus or the date of the document incorporated by reference, as applicable.unless we indicate otherwise. Our business, financial condition, results of operations and prospects may have changed since those dates.

This prospectus incorporates by reference, and any prospectus supplement or free writing prospectus may contain and incorporate by reference, market data and industry statistics and forecasts that are based on independent industry publications and other publicly available information. Although we believe these sources are reliable, we do not guarantee the accuracy or completeness of this information and we have not independently verified this information. In addition, the market and industry data and forecasts that may be included or incorporated by reference in this prospectus, any prospectus supplement or any applicable free writing prospectuses may involve estimates, and assumptions and these estimates involveother risks and uncertainties and are subject to change based on various factors, including those discussed under the heading “Risk Factors” contained in this prospectus, the applicable prospectus supplement and any applicable free writing prospectus, and under similar headings in other documents that are incorporated by reference into this prospectus. Accordingly, investors should not place undue reliance on this information.

 

The selling stockholders may from timeWhen we refer to time offer“we,” “our,” “us,” “Mawson” and sell, transfer or otherwise dispose of any or all of the shares of our common stock covered by“Company” in this prospectus, directly or through one or more underwriters, broker-dealers or agents on terms to be determined at the time of sale. A prospectus supplement may describe the terms of the plan of distribution and set forth the names of any underwriters involved in the sale of our common stock. See “Plan of Distribution” for more information.

Unless otherwise expressly indicated or the context otherwise requires, we use the terms “Mawson” the “Company,” “we,” “us,” “our” or similar references to refer tomean Mawson Infrastructure Group Inc. together with any subsidiaries., unless otherwise specified. When we refer to “Cosmos”“you,” we mean the potential holders of the applicable series of securities. When we refer to “Mawson AU” in this prospectus, we mean Mawson Infrastructure Group Pty Ltd., an Australian company (formerly known as Cosmos Capital Limited), and the subsidiaries of Cosmos,Mawson AU, including Cosmos Trading Pty Ltd, Cosmos Infrastructure LLC, referred to as “Cosmos Infrastructure”, Cosmos Manager LLC, MIG No. 1 Pty Ltd (formerly known as Cosmos Grid Tech Pty Ltd),Ltd, Cosmos Asset Management Pty Ltd, referred to as “Cosmos Asset Management”, and Luna Squares LLC (formerly known as Innovative Property Management LLC), and Luna Squares Property LLC, which collectively we refer to as the “Cosmos“Mawson Subsidiaries”. When we refer to Wize NC, we mean Wize NC Inc., a Delaware corporation, and the subsidiaries of Wize NC, including OcuWize Ltd., an Israeli company, which we refer to as “OcuWize”, and Wize Pharma Ltd., an Israeli company, which we refer to as “Wize Israel,” and collectively we refer to these subsidiaries as the “Wize Subsidiaries.”.

 

Mawson Infrastructure Group Inc.®, the Mawson logo and other trademarks or service marks of Mawson appearing in this prospectus are the property of Mawson or its subsidiaries. Trade names, trademarks and service marks of other companies appearing in this prospectus are the property of their respective holders.

1

WHERE YOU CAN FIND MORE INFORMATION

We file annual, quarterly and other reports, proxy statements and other information with the SEC. The SEC maintains a website that contains reports, proxy and information statements and other information about issuers, such as us, who file electronically with the SEC. The address of that website is http://www.sec.gov.

Our website address is www.mawsoninc.com. The information on our website, however, is not, and should not be deemed to be, a part of this prospectus.

This prospectus and any prospectus supplement are part of a registration statement containing this prospectus, includingthat we filed with the SEC and do not contain all of the information in the registration statement. The full registration statement may be obtained from the SEC or us, as provided below. Forms of the indenture and other documents establishing the terms of the offered securities are or may be filed as exhibits to the registration statement provides additional informationor documents incorporated by reference in the registration statement. Statements in this prospectus or any prospectus supplement about usthese documents are summaries and each statement is qualified in all respects by reference to the common stock offered under this prospectus. Thedocument to which it refers. You should refer to the actual documents for a more complete description of the relevant matters. You may obtain a copy of the registration statement can be read atthrough the SEC’s website, as provided above.

INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

The SEC’s rules allow us to “incorporate by reference” information into this prospectus, which means that we can disclose important information to you by referring you to another document filed separately with the SEC. The information incorporated by reference is deemed to be part of this prospectus, and subsequent information that we file with the SEC will automatically update and supersede that information. Any statement contained in this prospectus or a previously filed document incorporated by reference will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained in this prospectus or a subsequently filed document incorporated by reference modifies or replaces that statement.

This prospectus and any accompanying prospectus supplement incorporate by reference the documents set forth below that have previously been filed with the SEC (but excluding any information in such documents that has been furnished to, rather than filed with, the SEC):

Our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as filed with the SEC on March 21, 2022;

our Current Reports on Form 8-K filed with the SEC on March 21, 2022; and

the description of our common stock contained in our registration statement on Form S-3, filed with the SEC on October 29, 2021 (File No. 333-260600), and all amendments or reports filed for the purpose of updating such description.

All reports and other documents we subsequently file pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), prior to the termination of this offering, including all such documents we may file with the SEC after the date of the initial registration statement and prior to the effectiveness of the registration statement, but excluding any information furnished to, rather than filed with, the SEC, will also be incorporated by reference into this prospectus and deemed to be part of this prospectus from the date of the filing of such reports and documents.

You may request a free copy of any of the documents incorporated by reference in this prospectus by writing or telephoning us at the SEC offices mentioned under the heading “Where You Can Find More Information.”


ABOUT MAWSON INFRASTRUCTURE GROUP INC.

Overview

Generalfollowing address:

 

Mawson (formerly known as Wize Pharma,Infrastructure Group Inc.), through its majority-owned subsidiary, Cosmos and

Chief Executive Officer

Level 5, 97 Pacific Highway, North Sydney NSW Australia 2060

+61 02 8624 6130

Exhibits to the Cosmos Subsidiaries, isfilings will not be sent, however, unless those exhibits have specifically been incorporated by reference in this prospectus or any accompanying prospectus supplement.

2

THE COMPANY

Overview

General

We are a ‘Digital Asset Infrastructure’ business, which owns and operates modular data centers (“MDCs”) currently based in the U.S. and Australia. We are focused on developingWithin the technology to enable us to own andMDCs, we operate MDCs that are both air-cooled and liquid immersion cooled.

As of May 17, 2021, we own and have ordered 18,332 specialized, application-specificApplication-Specific Integrated Circuit (“ASIC”) computers known as “Miners”. As of August, 2021, the“Miners.” The Miners produce up to 400 Petahash of computing power with a total capacity upon deployment of all ordered equipment to produce up to a total capacity of 1,483 Petahash. This is predominately directed to andare focused on the process of mining digital cryptographic tokens generally known as “digital mining”, andmining, specifically for Bitcoin. As at June 30, 2021: (i) 4,317 Miners are operating and online; (ii) 3,181 Miners are either in storage, transit or in for repairs and maintenance and (iii) 10,831 Miners have been ordered, but have yet to be delivered.

 

Complementing the Miners that we own and operate, we are actively conductingWe conduct research and development into a suitable solutionour MDCs that we are actively testing in several configurations and locations to determine the best configuration for liquid immersionboth ASICs and alternate computing uses, including both for Miners, which consists of a field-programmable gate array (“FPGA”), an electronic device that includes digital logic circuitry offering customizable programming functionality, and general-purpose computing on a graphics processing unituse in Graphics Processing Units (“GPU”), which is the use of a GPU together with a central processing unit systems and traditional Central Processing Unit (“CPU”) to accelerate computation in applications traditionally handled only by the CPU. We have our own proprietary tank design which we are currently in the process of commercializing.based computing systems.

 

In addition,We provide our indirect subsidiary,infrastructure to other cryptocurrency miners, along with maintenance services to operate other Miners equipment in our facilities.

We also have an interest in Cosmos Asset Management, is thean Australia based crypto investment manager that oversees a range of the Bitcoin Wholesaledigital assets, including digital currency and indexed funds, to bring innovative exposures to investors. Cosmos Asset Management identifies and develops specialized public and private offerings and makes them accessible to institutional and retail investors. Cosmos Asset Management has one unlisted crypto related fund and one listed crypto related exchange traded fund on an Australian exchange (Cosmos Global Digital Miners Access Fund, a wholesale, unregistered managed investment scheme which currently invests inETF), and holds Bitcoin for third party investors.

LO2A Business

Through our holdingsis seeking to list more in the Wize Subsidiaries, we also have in-licensed certain rights to purchase, market, sell and distribute a formula known as LO2A, a drug developed for the treatment of dry eye syndrome (“DES”), and other ophthalmological illnesses, including Conjunctivochalasis (“CCH”) and Sjögren’s syndrome (“Sjögren’s”) (the “LO2A Business”). However, as part of the Cosmos Transaction (as described and defined below), substantially all of the economic benefits of any successful monetization of our LO2A business, if any, will benefit only the holders of the contingent value rights (“CVRs”). See “The Company--Recent Developments—The Cosmos Transaction - CVR Agreement.”future.

  

Recent Developments

In connection with our recent offering of common stock and warrants which closed on October 1, 2021, our common stock was approved for listing and now listed on Nasdaq under the symbol “MIGI”.

  

On February 23, 2022, our subsidiary Luna Squares LLC (“Luna Squares”) entered into the Co-Location Agreement with Celsius Mining LLC (“Celsius Mining”), pursuant to which Luna Squares will provide a hosting facility, electrical power and internet access to Celsius Mining for the purposes of installing, maintaining and operating Celsius Mining’s ASIC machines (cryptocurrency mining equipment) for a monthly services fee based on power consumption, plus an infrastructure fee, plus a market margin. In addition, Celsius Mining loaned Luna Squares a principal amount of US$20,000,000 (“Principal”), for the purpose of funding the infrastructure required to meet the obligations of the Co-Location Agreement, for which Luna Squares issued a Secured Promissory Note (the “Promissory Note”) in the principal amount equal to the Principal. The Promissory Note accrues interest daily at rate of 12% per annum. Luna Squares is required to amortize the loan at a rate of 15% per quarter, with principal repayments starting in the third quarter following the closing. The Promissory Note has a maturity date of August 10, 2021,23, 2023. In the event Luna Squares receives cash proceeds from certain sales of assets, Luna Squares would be required to direct such cash proceeds to Celsius Mining, which will applied to the outstanding principal and interest under the Promissory Note. The Promissory Note includes customary events of default and remedies. In connection with the transaction, we issued 46,789,019to Celsius Mining, warrants to purchase up to 3,850,000 shares of our common stock at a purchasean exercise price of $0.80US$6.50 per shares for aggregate gross proceeds of $$37,431,215in a private placementshare. The warrant may be exercised at any time after issuance and until the later to certain accredited investors pursuant to Securities Purchase Agreements dated August 6, 2021. The shares were issued under the exemption provided by Rule 506 of Regulation Doccur of the Securities Acteighteen (18) month anniversary of 1933, as amendedissuance and the proceedsdate on which the Promissory Note has been completely repaid.

On March 16, 2022, Luna Squares entered into a lease with respect to a property in the City of Sharon, Mercer County, Pennsylvania with Vertua Property, Inc, a subsidiary entity in which Vertua Ltd has a 100% ownership interest. James Manning, our CEO, a director and a significant shareholder is also a director of Vertua Ltd and has a material interest in the Sharon lease as a large shareholder of Vertua Ltd. The lease contains market standard legal terms, and will be usedfor a term of 5 years, and Luna Squares LLC has 2 options to expand Mawson’s installed petahash (PH)extend for 5 years each. The Audit Committee has compared the rent and terms to other arms’ length leases we have entered into and formed the view the rent is in line with the market for similar properties. Rent is subject to annual increases of CPI for the Northeast Region, or 4%, viawhichever is higher. The base rental amount in the acquisitionfirst year is $0.24 million. Depending on power energization and usage, variable additional rent may be payable per annum, with per MW and fixed charges ranging from $500 to $10,000 per month, depending on power energized and whether it is available. Upon the recommendation from the Audit Committee, our directors other than James Manning were made aware of additional ASIC bitcoin mining hardware, CAPEX for our facilitiesthe material facts as to Mr. Manning’s interest in the lease and additional power infrastructure. In connection with this transaction, we agreedauthorized us in good faith to register for resale,enter the shares issued in such transaction.lease after determining the lease to be fair to us. 

 

3

Corporate Information

 

We were incorporated in the State of Delaware on February 10, 2012, originally under the name Opthalix Inc. and changed our corporate name to Wize Pharma, Inc. on November 15, 2017. On March 17, 2021, we changed our corporate name to “Mawson Infrastructure Group Inc.” to reflect our acquisition of CosmosMawson AU and the Mawson Subsidiaries on March 9, 2021, and on April 27, 2021, we changed our trading symbol to “MIGI”. Shares of our Common Stock have been listed on The Nasdaq Capital Market since September 29, 2021.

 

Our executive offices are located at Level 5, 97 Pacific Highway, North Sydney NSW, Australia 2060. Our telephone number is +61 2 8624 6130 and our internet address is www.mawsoninc.com. The information on, or that may be accessed from, our website is not a part of this prospectus.

 


RISK FACTORS

 

Before you investInvestment in ourany securities in additionoffered pursuant to the other information, documents or reports incorporated by reference in this prospectus and anythe applicable prospectus supplement or other offering materials, youinvolves risks. You should carefully consider the risk factors in the section entitled “Risk Factors” in any prospectus supplement, as well asincorporated by reference to our most recent Annual Report on Form 10-K and in our Quarterly Reports on Form 10-Q, filedand any subsequent to the Annual ReportReports on Form 10-K, which areQuarterly Reports on Form 10-Q or Current Reports on Form 8-K we file after the date of this prospectus, and all other information contained or incorporated by reference into this prospectus, all as updated by our subsequent filings under the Exchange Act, and the risk factors and other information contained in the applicable prospectus supplement and any prospectus supplement in their entirety, as the same may be amended, supplementedapplicable free writing prospectuses before acquiring any of such securities. The occurrence of any of these risks might cause you to lose all or superseded from time to time by other reports we file with the SECpart of your investment in the future. Each of the risks described in these sections and documents could materially and adversely affectoffered securities.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This Registration Statement on Form S-3 (this “Registration Statement”) contains forward-looking statements, about our expectations, beliefs or intentions regarding, among other things, our product development efforts, business, financial condition, results of operations, strategies or prospects. Forward-looking statements can be identified by the use of forward-looking words such as “believe”, “expect”, “intend”, “plan”, “may”, “should” or “anticipate” or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by us with the SEC, press releases or oral statements made by or with the approval of one of our authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and prospects,uncertainties that could cause our actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause our actual activities or results to differ materially from the activities and could resultresults anticipated in a partial or complete loss of your investment.forward-looking statements, including, but not limited to, the factors summarized below.

 

CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION

The prospectus and this prospectus supplement, includingThis Registration Statement identifies important factors which could cause our actual results to differ materially from those indicated by the documents that we incorporateforward-looking statements, particularly those the risk factors incorporated by reference containabove. The risk factors incorporated by reference above are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of our forward-looking statements. These statementsGiven these uncertainties, you are basedcautioned not to place undue reliance on such forward-looking statements. Factors that could cause our management’s beliefs and assumptions and on information currently availableactual results to our management. Forward-lookingdiffer materially from those expressed or implied in such forward-looking statements include, statements concerning:but are not limited to:

 

Our need and ability to raise additional capital, and the terms therefore.therefore;

The developmentcompetition and acceptance of digital asset networks and digital assets, including technological challenges we may face;
the slowing or stopping of the development or acceptance of digital asset systems.systems;

Changeschanges to any digital asset networks and theirnetwork’s protocols and software.software;

The rewards and incentivesany decrease in the incentive for mining digital assets like Bitcoin and their reduction over time.mining;

Thegrowth challenges we may face;
the costs associated with digital asset mining, including electricity, equipment purchases, equipment maintenance and security.security;
security threats and malicious actors;

 

The volatility inour ability to obtain and maintain adequate insurance;
we may become subject to existing or future government regulations which increase the value and pricescost of cryptocurrencies.doing business, or which cause to cease some or all of our operations;

 


Changesour exposure to fluctuations in technology.

Security threats and malicious actors.

Further or new regulationthe market value of digital assets, such asin particular Bitcoin, as securities or investment securities orand the relative attractiveness of our activities that would require further registration or compliance with additional regulationsthose digital assets to investors, speculators, and laws.users payment network services over other solutions;

Global climate changesour reliance on third party manufacturers for Miners and related environmental regulations, or pandemic or similar itemsother infrastructure and events.hardware;

Politicalrisks relating to the supply chain disruptions due to pandemic (eg COVID-19), shortages (computer chips), and geo-political tensions (eg China trade bans, war in Ukraine);
climate change risks, including direct risks from storms and floods, but also the implementation of policies which may lead to higher energy costs;
political or economic crises motivating large-scale sales of digital assets.assets;
regulatory risks, including local and global governments regulating, or even banning, Bitcoin or Bitcoin mining;
the impact of future stock sales on our stock price;
the potential lack of liquidity, or volatility, of our common stock and warrants;
the potential failure to maintain effective internal controls over financial reporting; and
competitive companies and technologies within our industry, and outside it (such as central bank digital currencies and quantum computing).

 


All statements in this prospectus and the documents and information incorporated by reference in this prospectus supplement and the documents and information incorporated by reference in the prospectus that are not historical facts are forward-looking statements. We may, in some cases, use terms such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “projects,” “should,” “will,” “would” or similar expressions or the negative of such items that convey uncertainty of future events or outcomes to identify forward-looking statements.

You should read this prospectus and the documents that we reference herein and therein and have filed as exhibits to the registration statement, of which the prospectus and this prospectus supplement is part, completely and with the understanding that our actual future results may be materially different from what we expect. You should assume that the information appearing in the prospectus and this prospectus supplement is accurate as of the date on the front cover of the prospectus or this prospectus supplement only. Because the risk factors referred to in this prospectus supplement, as well as the risk factors referred to in the accompanying prospectus and incorporated herein by reference, could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements made byattributable to us or persons acting on our behalf you should not place undue reliance on any forward-looking statements. Further, any forward-looking statement speaksspeak only as of the date on which it is made,of this Registration Statement and we undertake no obligation to update any forward-looking statement to reflect events or circumstances afterare expressly qualified in their entirety by the date on which the statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for us to predict which factors will arise.cautionary statements included in this Registration Statement. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. We qualify all of the information presented in the prospectus and this prospectus supplement, and particularly ourevaluating forward-looking statements, byyou should consider these cautionary statements.risks and uncertainties.

 

USE OF PROCEEDS

 

We will not receive anyintend to use the net proceeds from the sale of the shares of our common stock previously issued and issuable upon exercise of the warrants to purchase shares of our common stock by the selling stockholders from time to time pursuant to this prospectus. The proceeds from the offering are solely for the account of the selling stockholders. See “Selling Stockholders.”

We will, however, receive proceeds in connection with the applicable exercise price of the warrants to purchase shares of our common stock, unless any of such warrants are exercised via cashless exercise to the extent provided forsecurities as set forth in the applicable warrant. We have also agreed to bear all fees and expenses incident to our obligation to register the shares of our common stock being offered by this prospectus.

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DESCRIPTION OF COMMON STOCKprospectus supplement.

 

DESCRIPTION OF CAPITAL STOCK WE MAY OFFER

The following summary is a description of the material terms of our common stock.share capital. We encourage you to read our Certificate of Incorporation, as amended, and Amended and Restated By-laws which have been filed with the SEC.

 

The rights of our stockholders are be governed by Delaware law, Certificate of Incorporation and Bylaws, as amended. The following briefly summarizes the material terms of our Common Stock and Preferred Stock. We urge you to read the applicable provisions of the Delaware General Corporation Law (“DGCL”), our Certificate of Incorporation and our Bylaws.

 

Authorized Capital Stock

 

Under our Certificate of Incorporation, we are authorized to issue up to one hundred twenty million (120,000,000) shares of Common Stock, and one million (1,000,000) shares of Preferred Stock.

 


Common Stock

 

Holders of our Common Stock are entitled to one vote for each share held on all matters submitted to a vote of our stockholders. Holders of our Common Stock have no cumulative voting rights. Further, holders of our Common Stock have no preemptive or conversion rights or other subscription rights. Upon our liquidation, dissolution or winding-up, holders of our Common Stock are entitled to share in all assets remaining after payment of all liabilities and the liquidation preferences of any of our outstanding shares of preferred stock.Preferred Stock. Subject to preferences that may be applicable to any outstanding shares of preferred stock,Preferred Stock, holders of our Common Stock are entitled to receive dividends, if any, as may be declared from time to time by our Board of Directors (the “Board”) out of our assets which are legally available. Such dividends, if any, are payable in cash, in property or in shares of capital stock.

 

The holders of shares of our Common Stock that are entitled to cast at least 33⅓33&1/3; of the total votes entitled to be cast by the holders of all of our outstanding capital stock, present in person or by proxy, are necessary to constitute a quorum at any meeting. If a quorum is present, an action by stockholders entitled to vote on a matter is approved if the number of votes cast in favor of the action exceeds the number of votes cast in opposition to the action, with the exception of the election of directors, which requires a plurality of the votes cast, represented in person or by proxy, necessary to constitute a quorum for the transaction of business at any meeting. If a quorum is present, an action by stockholders entitled to vote on a matter is approved if the number of votes cast in favor of the action exceeds the number of votes cast in opposition to the action, with the exception of the election of directors, which requires a plurality of the votes cast.

 

Preferred Stock

The Preferred Stock may be issued without stockholder approval, from time to time in one or more series, each series to be appropriately designated by a distinguishing letter or title prior to the issuance of any shares thereof, as determined by our Board. Our Certificate of Incorporation expressly authorizes (subject to the rights of the holders of any series of Preferred Stock pursuant to the terms of our Certificate of Incorporation or any resolution or resolutions providing for the issuance of such series of stock adopted by the Board) the increase or decrease (but not below the number of shares of such series then outstanding) of the number of shares of any series subsequent to the issuance of shares of that series by the affirmative vote of the holders of a majority of the Common Stock irrespective of the provisions of Section 242(b)(2) of the DGCL.

Our Board may authorize the issuance of Preferred Stock with voting or conversion rights that could harm the voting power or other rights of the holders of the Common Stock. The issuance of Preferred Stock, while providing flexibility in connection with possible acquisitions and other corporate purposes, could, among other things, have the effect of delaying, deferring or preventing a change in control of us and might harm the market price of our Common Stock and the voting and other rights of the holders of Common Stock.

Preferred stock may be issued from time to time, in one or more series, as authorized by the board of directors, without stockholder approval. The prospectus supplement relating to the preferred shares offered thereby will include specific terms of any preferred shares offered, including, if applicable:

the title of the shares of Preferred Stock;

the number of shares of Preferred Stock offered, the liquidation preference per share and the offering price of the shares of Preferred Stock;

the dividend rate(s), period(s) and/or payment date(s) or method(s) of calculation thereof applicable to the shares of Preferred Stock;

whether the dividends on shares of Preferred Stock are cumulative or not and, if cumulative, the date from which dividends on the shares of Preferred Stock shall accumulate;

the procedures for any auction and remarketing, if any, for the shares of Preferred Stock;


the provision for a sinking fund, if any, for the shares of Preferred Stock;

the provision for redemption or repurchase, if applicable, and any restrictions on our ability to exercise those redemption and repurchase rights of the shares of Preferred Stock;

any listing of the shares of Preferred Stock on any securities exchange;

the terms and conditions, if applicable, upon which the shares of Preferred Stock will be convertible into common shares, including the conversion price (or manner of calculation thereof);

discussion of federal income tax considerations applicable to the shares of Preferred Stock;

the relative ranking and preferences of the shares of Preferred Stock as to dividend rights and rights upon liquidation, dissolution or winding up of our affairs;

any limitations on issuance of any series or class of shares of Preferred Stock ranking senior to or on a parity with such series or class of shares of Preferred Stock as to dividend rights and rights upon liquidation, dissolution or winding up of our affairs;

any other specific terms, preferences, rights, limitations or restrictions of the shares of Preferred Stock; and

any voting rights of such Preferred Stock.

The transfer agent and registrar for any series or class of Preferred Stock will be set forth in the applicable prospectus supplement.

Anti-Takeover Provisions of Delaware Law, Our Certificate of Incorporation and Bylaws

 

The provisions of Delaware law, our Certificate of Incorporation and our Bylaws could discourage or make it more difficult to accomplish a proxy contest or other change in our management or the acquisition of control by a holder of a substantial amount of our voting stock. It is possible that these provisions could make it more difficult to accomplish, or could deter, transactions that stockholders may otherwise consider to be in their best interests or in our best interests. These provisions are intended to enhance the likelihood of continuity and stability in the composition of our Board and in the policies formulated by our Board and to discourage certain types of transactions that may involve an actual or threatened change of our control. These provisions are designed to reduce our vulnerability to an unsolicited acquisition proposal and to discourage certain tactics that may be used in proxy fights. Such provisions also may have the effect of preventing changes in our management.

 

Delaware Statutory Business Combinations Provision

 

Section 203 of the DGCL prohibits a publicly-held Delaware corporation from engaging in a “business combination” with an “interested stockholder” for a period of three (3) years after the date of the transaction in which the person became an interested stockholder, unless the business combination is, or the transaction in which the person became an interested stockholder was, approved in a prescribed manner or another prescribed exception applies. For purposes of Section 203, a “business combination” is defined broadly to include a merger, asset sale or other transaction resulting in a financial benefit to the interested stockholder, and, subject to certain exceptions, an “interested stockholder” is a person who, together with his or her affiliates and associates, owns, or within three (3) years prior, did own, 15% or more of the corporation’s voting stock. However, we elected to opt out of the provisions of Section 203. 

 


Advance Notice Provisions for Stockholder Proposals and Stockholder Nominations of Directors

 

Our Bylaws provide that, for nominations to our Board or for other business to be properly brought by a stockholder before a meeting of stockholders, the stockholder must first have given timely notice of the proposal in writing to our secretary at our principal offices. For an annual meeting, a stockholder’s notice generally must be delivered not less than 45 days nor more than 75 days prior to the one-year anniversary of the date on which we first mailed our proxy materials for the preceding year’s annual meeting of stockholders. For an annual meeting, the notice must generally be delivered not later than the close of business on the later of the 90th day prior to such annual meeting or the 10th day following the day on which public announcement is first made. Detailed requirements as to the form of the notice and information required in the notice are specified in our Bylaws. If it is determined that business was not properly brought before a meeting in accordance with our Bylaws, such business will not be conducted at the meeting. 

 

Special Meetings of Stockholders

 

Special meetings of the stockholders may be called only by either (i) the chairman of our Board, chief executive officer, or the president, (ii) by our Board pursuant to a resolution adopted by a majority of the total number of directors which we would have if there were no vacancies, or (iii) by the holders of 20% of the total votes entitled to be cast by the holders of all our outstanding capital stock entitled to vote generally in an election of directors.

 

Stockholder Action by Written Consent

 

Each of our Certificate of Incorporation and our Bylaws permit our stockholders to act by written consent.

 

Super Majority Stockholder Vote Required for Certain Actions

 

The DGCL generally provides that the affirmative vote of a majority of the shares entitled to vote on any matter is required to amend a corporation’s certificate of incorporation or bylaws, unless the corporation’s certificate of incorporation or bylaws, as the case may be, requires a greater percentage. Our Certificate of Incorporation requires the affirmative vote of the holders of at least 66⅓66&1/3; of our outstanding voting stock to amend or repeal any provision of our Bylaws or any amend or repeal any provision of our Certificate of Incorporation relating to limitation of director liability, indemnification and advancement of expenses or amendments to our Certificate of Incorporation or our Bylaws. All other provisions of our Certificate of Incorporation may be amended or repealed by a simple majority vote of our Board.

 

Dividends

 

We have not declared any cash dividends on our common stockCommon Stock since inception and we do not anticipate paying any cash dividends on our common stockCommon Stock in the foreseeable future.

 

Transfer Agent and Registrar

 

The transfer agent and registrar for our Common Stock is Computershare.

 

Stock Market Listing

 

Our Common Stock is currently listed on the Nasdaq CapitalNASDAQ Stock Market and trades under the symbol “MIGI.”

 


Certain EffectsDESCRIPTION OF DEBT SECURITIES WE MAY OFFER

The following description, together with the additional information we include in any applicable prospectus supplements or free writing prospectuses, summarizes the material terms and provisions of Authorized but Unissued Stockthe debt securities that we may offer under this prospectus. We may issue debt securities, in one or more series, as either senior or subordinated debt or as senior or subordinated convertible debt. While the terms we have summarized below will apply generally to any future debt securities we may offer under this prospectus, we will describe the particular terms of any debt securities that we may offer in more detail in the applicable prospectus supplement or free writing prospectus. The terms of any debt securities we offer under a prospectus supplement may differ from the terms we describe below. Unless the context requires otherwise, whenever we refer to the “indentures,” we also are referring to any supplemental indentures that specify the terms of a particular series of debt securities.

We will issue any senior debt securities under the senior indenture that we will enter into with the trustee named in the senior indenture. We will issue any subordinated debt securities under the subordinated indenture and any supplemental indentures that we will enter into with the trustee named in the subordinated indenture. We have filed forms of these documents as exhibits to the registration statement, of which this prospectus is a part, and supplemental indentures and forms of debt securities containing the terms of the debt securities being offered will be filed as exhibits to the registration statement of which this prospectus is a part or will be incorporated by reference to reports that we file with the SEC.

The indentures will be qualified under the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). We use the term “trustee” to refer to either the trustee under the senior indenture or the trustee under the subordinated indenture, as applicable.

The following summaries of material provisions of the senior debt securities, the subordinated debt securities and the indentures are subject to, and qualified in their entirety by reference to, all of the provisions of the indenture and any supplemental indentures applicable to a particular series of debt securities. We urge you to read the applicable prospectus supplements and any related free writing prospectuses related to the debt securities that we may offer under this prospectus, as well as the complete indenture that contains the terms of the debt securities. Except as we may otherwise indicate, the terms of the senior indenture and the subordinated indenture are identical.

General

The terms of each series of debt securities will be established by or pursuant to a resolution of our board of directors and set forth or determined in the manner provided in an officers’ certificate or by a supplemental indenture. Debt securities may be issued in separate series without limitation as to aggregate principal amount. We may specify a maximum aggregate principal amount for the debt securities of any series. We will describe in the applicable prospectus supplement the terms of the series of debt securities being offered, including:

the title;

the principal amount being offered, and if a series, the total amount authorized and the total amount outstanding;

any limit on the amount that may be issued;

whether or not we will issue the series of debt securities in global form, and, if so, the terms and who the depositary will be;

the maturity date;

whether and under what circumstances, if any, we will pay additional amounts on any debt securities held by a person who is not a U.S. person for tax purposes, and whether we can redeem the debt securities if we have to pay such additional amounts;

the annual interest rate, which may be fixed or variable, or the method for determining the rate and the date interest will begin to accrue, the dates interest will be payable and the regular record dates for interest payment dates or the method for determining such dates;

whether or not the debt securities will be secured or unsecured, and the terms of any secured debt;

the terms of the subordination of any series of subordinated debt;

the place where payments will be payable;

restrictions on transfer, sale or other assignment, if any;

our right, if any, to defer payment of interest and the maximum length of any such deferral period;

the date, if any, after which, and the price at which, we may, at our option, redeem the series of debt securities pursuant to any optional or provisional redemption provisions and the terms of those redemption provisions;

provisions for a sinking fund purchase or other analogous fund, if any, including the date, if any, on which, and the price at which we are obligated, pursuant thereto or otherwise, to redeem, or at the holder’s option, to purchase, the series of debt securities and the currency or currency unit in which the debt securities are payable;
provisions relating to modification of the terms of the security or the rights of the security holder;

whether the indenture will restrict our ability or the ability of our subsidiaries to:

incur additional indebtedness;

issue additional securities;

create liens;

pay dividends or make distributions in respect of our capital stock or the capital stock of our subsidiaries;

redeem capital stock;

place restrictions on our subsidiaries’ ability to pay dividends, make distributions or transfer assets;

make investments or other restricted payments;

sell, transfer or otherwise dispose of assets;

enter into sale-leaseback transactions;

engage in transactions with stockholders or affiliates;

issue or sell stock of our subsidiaries; or

effect a consolidation or merger;

whether the indenture will require us to maintain any interest coverage, fixed charge, cash flow-based, asset-based or other financial ratios;

information describing any book-entry features;

the applicability of the provisions in the indenture on discharge;

whether the debt securities are to be offered at a price such that they will be deemed to be offered at an “original issue discount” as defined in paragraph (a) of Section 1273 of the Internal Revenue Code of 1986, as amended;

the denominations in which we will issue the series of debt securities, if other than denominations of $1,000 and any integral multiple thereof;

the currency of payment of debt securities if other than U.S. dollars and the manner of determining the equivalent amount in U.S. dollars; and

any other specific terms, preferences, rights or limitations of, or restrictions on, the debt securities, including any additional events of default or covenants provided with respect to the debt securities, and any terms that may be required by us or advisable under applicable laws or regulations.

U.S. federal income tax consequences applicable to debt securities sold at an original issue discount will be described in the applicable prospectus supplement. In addition, U.S. federal income tax or other consequences applicable to any debt securities which are denominated in a currency or currency unit other than U.S. dollars may be described in the applicable prospectus supplement.

Conversion or Exchange Rights

 

We havewill set forth in the applicable prospectus supplement the terms under which a series of debt securities may be convertible into or exchangeable for our Common Stock, our Preferred Stock or other securities (including securities of a third party). We will include provisions as to whether conversion or exchange is mandatory, at the option of the holder or at our option. We may include provisions pursuant to which the number of shares of common stock and preferred stock availableour Common Stock, our Preferred Stock or other securities (including securities of a third party) that the holders of the series of debt securities receive would be subject to adjustment.

Consolidation, Merger or Sale

Unless we provide otherwise in the prospectus supplement applicable to a particular series of debt securities, the indentures will not contain any covenant that restricts our ability to merge or consolidate, or sell, convey, transfer or otherwise dispose of all or substantially all of our assets. However, any successor to or acquirer of such assets must assume all of our obligations under the indentures or the debt securities, as appropriate. If the debt securities are convertible into or exchangeable for future issuance without stockholder approval. We may issue these additional shares for a varietyour other securities or securities of corporate purposes, including future publicother entities, the person with whom we consolidate or private offerings to raise additional capitalmerge or to facilitate corporate acquisitionswhom we sell all of our assets must make provisions for the conversion of the debt securities into securities that the holders of the debt securities would have received if they had converted the debt securities before the consolidation, merger or sale.


Events of Default under the Indenture

Unless we provide otherwise in the prospectus supplement applicable to a particular series of debt securities, the following are events of default under the indentures with respect to any series of debt securities that we may issue:

if we fail to pay interest when due and payable and our failure continues for 90 days and the time for payment has not been extended;

if we fail to pay the principal, premium or sinking fund payment, if any, when due and payable and the time for payment has not been extended;

if we fail to observe or perform any other covenant contained in the debt securities or the indentures, other than a covenant specifically relating to another series of debt securities, and our failure continues for 90 days after we receive notice from the trustee or we and the trustee receive notice from the holders of at least 25% in aggregate principal amount of the outstanding debt securities of the applicable series; and

if specified events of bankruptcy, insolvency or reorganization occur.

We will describe in each applicable prospectus supplement any additional events of default relating to the relevant series of debt securities. If an event of default with respect to debt securities of any series occurs and is continuing, other than an event of default specified in the last bullet point above, the trustee or the holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series, by notice to us in writing, and to the trustee if notice is given by such holders, may declare the unpaid principal, premium, if any, and accrued interest, if any, due and payable immediately. If an event of default arises due to the occurrence of certain specified bankruptcy, insolvency or reorganization events, the unpaid principal, premium, if any, and accrued interest, if any, of each issue of debt securities then outstanding shall be due and payable without any notice or other action on the part of the trustee or any holder.

The holders of a majority in principal amount of the outstanding debt securities of an affected series may waive any default or event of default with respect to the series and its consequences, except defaults or events of default regarding payment of principal, premium, if any, or interest, unless we have cured the default or event of default in accordance with the indenture. Any such waiver shall cure the default or event of default.

Subject to the terms of the applicable indenture, if an event of default under an indenture shall occur and be continuing, the trustee will be under no obligation to exercise any of its rights or powers under such indenture at the request or direction of any of the holders of the applicable series of debt securities, unless such holders have offered the trustee reasonable indemnity or security satisfactory to it against any loss, liability or expense. The holders of a majority in principal amount of the outstanding debt securities of any series will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the trustee, or exercising any trust or power conferred on the trustee, with respect to the debt securities of that series, provided that:

the direction so given by the holders is not in conflict with any law or the applicable indenture; and

subject to its duties under the Trust Indenture Act, the trustee need not take any action that might subject it to personal liability or might be unduly prejudicial to the holders not involved in the proceeding.


The indentures provide that if an event of default has occurred and is continuing, the trustee will be required in the exercise of its powers to use the degree of care that a prudent person would use in the conduct of its own affairs. The trustee, however, may refuse to follow any direction that conflicts with law or the indenture, or that the trustee determines is unduly prejudicial to the rights of any other holder of the relevant series of debt securities, or that would subject the trustee to personal liability. Prior to taking any action under the indentures, the trustee will be entitled to indemnification against all costs, expenses and liabilities that would be incurred by taking or not taking such action.

A holder of the debt securities of any series will have the right to institute a proceeding under the indentures or to appoint a receiver or trustee, or to seek other remedies only if:

the holder has given written notice to the trustee of a continuing event of default with respect to that series;

the holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series have made a written request and such holders have offered reasonable indemnity to the trustee or security satisfactory to it against any loss, liability or expense to be incurred in compliance with instituting the proceeding as trustee; and

the trustee does not institute the proceeding, and does not receive from the holders of a majority in aggregate principal amount of the outstanding debt securities of that series other conflicting directions within 60 days after the notice, request and offer.

These limitations do not apply to a proceeding instituted by a holder of debt securities if we default in the payment of the principal, premium, if any, or interest on, the debt securities.

We will periodically file statements with the trustee regarding our compliance with specified covenants in the indentures.


The indentures provide that if a default occurs and is continuing and is actually known to a responsible officer of the trustee, the trustee must mail to each holder notice of the default within 45 days after it occurs, unless such default has been cured. Except in the case of a default in the payment of principal or premium of, or interest on, any debt security or certain other defaults specified in an indenture, the trustee shall be protected in withholding such notice if and so long as a dividend on our capital stock. The existence of unissued and unreserved preferred stock may enable ourthe board of directors, to issue sharesthe executive committee or a trust committee of preferred stock with termsdirectors, or responsible officers of the trustee, in good faith determine that could render more difficult or discourage a third-party attempt to obtain control of us by means of a merger, tender offer, proxy contest or otherwise, thereby protectingwithholding notice is in the continuity of our management. In addition, if we issue preferred stock, the issuance could adversely affect the voting powerbest interests of holders of common stockthe relevant series of debt securities.

Modification of Indenture; Waiver

Subject to the terms of the indenture for any series of debt securities that we may issue, we and the likelihoodtrustee may change an indenture without the consent of any holders with respect to the following specific matters:

to fix any ambiguity, defect or inconsistency in the indenture;

to comply with the provisions described above under “-Consolidation, Merger or Sale”;

to comply with any requirements of the SEC in connection with the qualification of any indenture under the Trust Indenture Act;

to add to, delete from or revise the conditions, limitations and restrictions on the authorized amount, terms or purposes of issue, authentication and delivery of debt securities, as set forth in such indenture;

to provide for the issuance of, and establish the form and terms and conditions of, the debt securities of any series as provided above under “-General,” to establish the form of any certifications required to be furnished pursuant to the terms of the indenture or any series of debt securities, or to add to the rights of the holders of any series of debt securities;

to evidence and provide for the acceptance of appointment hereunder by a successor trustee;

to provide for uncertificated debt securities in addition to or in place of certificated debt securities and to make all appropriate changes for such purpose;

to add such new covenants, restrictions, conditions or provisions for the protection of the holders, and to make the occurrence, or the occurrence and the continuance, of a default in any such additional covenants, restrictions, conditions or provisions an event of default or to surrender any right or power conferred to us in the indenture; or

to change anything that does not materially adversely affect the interests of any holder of debt securities of any series in any material respect; provided that any amendment made solely to conform the provisions of the indenture to the corresponding description of the debt securities contained in the applicable prospectus or prospectus supplement shall be deemed not to adversely affect the interests of the holders of such debt securities; provided further, that in connection with any such amendment we will provide the trustee with an officers’ certificate certifying that such amendment will not adversely affect the rights or interests of the holders of such debt securities.

In addition, under the indentures, the rights of holders of our common stock will receive dividend payments or payments upon liquidation.a series of debt securities may be changed by us and the trustee with the written consent of the holders of at least a majority in aggregate principal amount of the outstanding debt securities of each series that is affected. However, unless we provide otherwise in the prospectus supplement applicable to a particular series of debt securities, we and the trustee may only make the following changes with the consent of each holder of any outstanding debt securities affected:

extending the fixed maturity of the series of debt securities;

reducing the principal amount, reducing the rate of or extending the time of payment of interest, or reducing any premium payable upon the redemption of any debt securities;

reducing the percentage of debt securities, the holders of which are required to consent to any amendment, supplement, modification or waiver;

changing any of our obligations to pay additional amounts;

reducing the amount of principal of an original issue discount security or any other note payable upon acceleration of the maturity thereof;

changing the currency in which any note or any premium or interest is payable;

impairing the right to enforce any payment on or with respect to any note;

adversely changing the right to convert or exchange, including decreasing the conversion rate or increasing the conversion price of, such note, if applicable;

in the case of the subordinated indenture, modifying the subordination provisions in a manner adverse to the holders of the subordinated debt securities;

if the debt securities are secured, changing the terms and conditions pursuant to which the debt securities are secured in a manner adverse to the holders of the secured debt securities;

reducing the requirements contained in the applicable indenture for quorum or voting;

changing any of our obligations to maintain an office or agency in the places and for the purposes required by the indentures; or

modifying any of the above provisions set forth in this paragraph.

Discharge

 

Each indenture provides that, subject to the terms of the indenture and any limitation otherwise provided in the prospectus supplement applicable to a particular series of debt securities, we may elect to be discharged from our obligations with respect to one or more series of debt securities, except for specified obligations, including obligations to:

6

 

register the transfer or exchange of debt securities of the series;

replace stolen, lost or mutilated debt securities of the series;

maintain paying agencies;

hold monies for payment in trust;

recover excess money held by the trustee;

compensate and indemnify the trustee; and

appoint any successor trustee.

 

In order to exercise our rights to be discharged, we must deposit with the trustee money or government obligations sufficient to pay all the principal of, and any premium and interest on, the debt securities of the series on the dates payments are due.


SELLING STOCKHOLDERSForm, Exchange and Transfer

We will issue the debt securities of each series only in fully registered form without coupons and, unless we otherwise specify in the applicable prospectus supplement, in denominations of $1,000 and any integral multiple thereof. The indentures provide that we may issue debt securities of a series in temporary or permanent global form and as book-entry securities that will be deposited with, or on behalf of, The Depository Trust Company or another depositary named by us and identified in a prospectus supplement with respect to that series.

At the option of the holder, subject to the terms of the indentures and the limitations applicable to global securities described in the applicable prospectus supplement, the holder of the debt securities of any series can exchange the debt securities for other debt securities of the same series, in any authorized denomination and of like tenor and aggregate principal amount.

Subject to the terms of the indentures and the limitations applicable to global securities set forth in the applicable prospectus supplement, holders of the debt securities may present the debt securities for exchange or for registration of transfer, duly endorsed or with the form of transfer endorsed thereon duly executed if so required by us or the security registrar, at the office of the security registrar or at the office of any transfer agent designated by us for this purpose. Unless otherwise provided in the debt securities that the holder presents for transfer or exchange, we will impose no service charge for any registration of transfer or exchange, but we may require payment of any taxes or other governmental charges.

We will name in the applicable prospectus supplement the security registrar, and any transfer agent in addition to the security registrar, that we initially designate for any debt securities. We may at any time designate additional transfer agents or rescind the designation of any transfer agent or approve a change in the office through which any transfer agent acts, except that we will be required to maintain a transfer agent in each place of payment for the debt securities of each series.

If we elect to redeem the debt securities of any series, we will not be required to:

issue, register the transfer of, or exchange any debt securities of that series during a period beginning at the opening of business 15 days before the day of mailing of a notice of redemption of any debt securities that may be selected for redemption and ending at the close of business on the day of the mailing; or

register the transfer of or exchange any debt securities so selected for redemption, in whole or in part, except the unredeemed portion of any debt securities we are redeeming in part.


Information Concerning the Trustee

 

The common stocktrustee, other than during the occurrence and continuance of an event of default under an indenture, undertakes to perform only those duties as are specifically set forth in the applicable indenture and is under no obligation to exercise any of the powers given it by the indentures at the request of any holder of debt securities unless it is offered reasonable security and indemnity against the costs, expenses and liabilities that it might incur. However, upon an event of default under an indenture, the trustee must use the same degree of care as a prudent person would exercise or use in the conduct of his or her own affairs.

Payment and Paying Agents

Unless we otherwise indicate in the applicable prospectus supplement, we will make payment of the interest on any debt securities on any interest payment date to the person in whose name the debt securities, or one or more predecessor securities, are registered at the close of business on the regular record date for the interest payment.

We will pay principal of and any premium and interest on the debt securities of a particular series at the office of the paying agents designated by us, except that unless we otherwise indicate in the applicable prospectus supplement, we will make interest payments by check that we will mail to the holder or by wire transfer to certain holders. Unless we otherwise indicate in the applicable prospectus supplement, we will designate the corporate trust office of the trustee in the City of New York as our sole paying agent for payments with respect to debt securities of each series. We will name in the applicable prospectus supplement any other paying agents that we initially designate for the debt securities of a particular series. We will maintain a paying agent in each place of payment for the debt securities of a particular series.

All money we pay to a paying agent or the trustee for the payment of the principal of or any premium or interest on any debt securities that remains unclaimed at the end of two years after such principal, premium or interest has become due and payable will be repaid to us, and the holder of the debt security thereafter may look only to us for payment thereof.

Governing Law

The indentures and the debt securities will be governed by and construed in accordance with the laws of the State of New York, except to the extent that the Trust Indenture Act is applicable.

Ranking Debt Securities

The subordinated debt securities will be unsecured and will be subordinate and junior in priority of payment to certain of our other indebtedness to the extent described in a prospectus supplement. The subordinated indenture does not limit the amount of subordinated debt securities that we may issue. It also does not limit us from issuing any other secured or unsecured debt.

The senior debt securities will be unsecured and will rank equally in right of payment to all of our other senior unsecured debt. The senior indenture does not limit the amount of senior debt securities that we may issue. It also does not limit us from issuing any other secured or unsecured debt.


DESCRIPTION OF WARRANTS WE MAY OFFER

We may issue warrants to purchase debt securities, Preferred Stock, Common Stock or any combination of the foregoing. We may issue warrants independently or together with any other securities we offer under a prospectus supplement. The warrants may be attached to or separate from the securities. We will issue each series of warrants under a separate warrant agreement to be entered into between a warrant agent and us. The warrant agent will act solely as our agent in connection with the warrants and will not have any obligations or relationship of agency or trust for or with holders or beneficial owners of warrants. The following outlines some of the general terms and provisions of the warrants that we may issue from time to time. When we issue warrants, we will provide the specific terms of the warrants and the applicable warrant agreement in a prospectus supplement and any related free writing prospectuses and such terms may differ from those described below. To the extent the information contained in the prospectus supplement differs or free writing prospectuses from this summary description, you should rely on the information in the prospectus supplement or free writing prospectuses.

The following description, and any description of the warrants included in a prospectus supplement, may not be complete and is subject to and qualified in its entirety by reference to the terms and provisions of the applicable warrant agreement.

Equity Warrants

We will describe in the applicable prospectus supplement and any related free writing prospectuses the terms of the Preferred Stock warrants or Common Stock warrants being offered, by the selling stockholders are those previously issued and issuablewarrant agreement relating to the sellingPreferred Stock warrants or Common Stock warrants and the warrant certificates representing the Preferred Stock warrants or Common Stock warrants, including, as applicable:

the title of the warrants;

the securities for which the warrants are exercisable;

the price or prices at which the warrants will be issued;

if applicable, the number of warrants issued with each share of Preferred Stock or share of Common Stock;

if applicable, the date on and after which the warrants and the related Preferred Stock or Common Stock will be separately transferable;


the date on which the right to exercise the warrants will commence, and the date on which the right will expire;

the maximum or minimum number of warrants which may be exercised at any time;

information with respect to book-entry procedures, if any;

a discussion of the material U.S. federal income tax considerations applicable to exercise of the warrants; and

any other terms of the warrants, including terms, procedures and limitations relating to the exchange and exercise of the warrants.

Unless otherwise provided in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses, holders of equity warrants will not be entitled, by virtue of being such holders, to vote, consent, receive dividends, receive notice as stockholders with respect to any meeting of stockholders for the election of our directors or any other matter, or to exercise any rights whatsoever as stockholders.

Except as provided in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses, the exercise price payable and the number of shares of Common Stock or Preferred Stock purchasable upon the exercise of each warrant will be subject to adjustment in certain events, including the issuance of a stock dividend to holders of Common Stock or Preferred Stock or a stock split, reverse stock split, combination, subdivision or reclassification of Common Stock or Preferred Stock. In lieu of adjusting the number of shares of Common Stock or Preferred Stock purchasable upon exercise of each warrant, we may elect to adjust the number of warrants. Unless otherwise provided in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses, no adjustments in the number of shares purchasable upon exercise of the warrants will be required until all cumulative adjustments require an adjustment of at least 1% thereof. No fractional shares will be issued upon exercise of warrants, but we will pay the cash value of any fractional shares otherwise issuable. Notwithstanding the foregoing, except as otherwise provided in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses, in the event of any consolidation, merger, or sale or conveyance of our assets as an entirety or substantially as an entirety, the holder of each outstanding warrant will have the right to purchasethe kind and amount of shares of our common stock. We are registering the shares of common stock in order to permit the selling stockholders to offer the shares for resale or other disposition from time to time. Except as set forth in the table below and for the ownership of the shares of Common Stock and the shares of Common Stock underlying the Warrants, the selling stockholders have not had any material relationship with us within the past three years, except that: (i) Michael Hughes, who controls Michael Forrest Hughes and Jane Madgwick ATF Michael Hughes Family Trust, is our director; (ii) Noam Danenberg is our former Chief Executive Officer (iii) HC Wainwright & Co, LLC served as our underwriter in connection with our September 2021 public offering and as our financial adviser in connection with our December 2020 Bid Implementation Agreement and (iv) Craig Schwabe and Michael Vasinkevich are principals at HC Wainwright & Co LLC, our underwriter in connection with our September 2021 public offering and as our financial adviser in connection with our December 2020 Bid Implementation Agreement

The table below lists the selling stockholders and other information regarding the beneficial ownershipsecurities and property, including cash, receivable by a holder of the shares of common stock by each of the selling stockholders. The second column lists the number of shares of common stock beneficially owned byCommon Stock or Preferred Stock into which each selling stockholder, based on its ownership ofwarrant was exercisable immediately prior to the shares of common stock and warrants, as of October __, 2021, assuming exercise of the warrants held by the selling stockholders on that date.particular triggering event.

 

The third column lists the shares of common stock being offered by this prospectus by the selling stockholders.Debt Warrants

 

In accordance withWe will describe in the applicable prospectus supplement and any related free writing prospectuses the terms of the Registration Rights Agreement withdebt warrants being offered, the selling stockholders, this prospectus generally coverswarrant agreement relating to the resale of at least the sum of (i) the maximum number of shares of common stock issued and (ii) the maximum number of shares of common stock issuable upon exercise of the relateddebt warrants determined as if the outstanding warrants were exercised in full as of the trading day immediately preceding the date this registration statement was initially filed with the SEC, each as of the trading day immediately preceding the applicable date of determination and all subject to adjustment as provided in the Registration Rights Agreement. The fourth column assumes the sale of all of the shares offered by the selling stockholders pursuant to this prospectus, and the fifth column sets forthdebt warrant certificates representing the applicable percentages assuming such sale.debt warrants, including, as applicable:

 

Name of Selling Stockholder   Number
of Shares
of
Common
Stock
Owned
Prior to
Offering
  Maximum
Number of
Shares of
Common
Stock to be
Sold
Pursuant to
this
Prospectus
  Number
of Shares
of
Common
Stock
Owned
After
Offering
  Percentage
of
Common
Stock
Owned
After the
Offering
              
AJAC GROUP SUPERANNUATION PTY LIMITED (1)  27,713   4,999   22,714  *
EDWARD ALEXANDER LAWSON WEBSTER (2)  2,303   2,303   -  *
DEMPSEY CAPITAL PTY LTD ATF ALIUM ALPHA FUND (3)  341,101   3,106   337,995  *
ARNOTT CAPITAL PTY LTD ATF ARNOTT OPPORTUNITY TRUST (4)  211,864   1,948   209,916  *
ARNOTT OPPORTUNITIES (CAYMAN) FUND LTD (5)  166,406   58,969   107,437  *
MR BRUCE HIGGINS & MRS RUTH HIGGINS ATF HIGGINS FAMILY SUPERANNUATION FUND (6)  7,476   101   7,375  *
CHIFLEY PORTFOLIOS PTY LTD (7)  11,513   156   11,357  *
CKBCAJ FAMILY PTY LTD <MACDONALD FAMILY A/C> (8)  75,679   156   75,523  *

Name of Selling Stockholder   Number
of Shares
of
Common
Stock
Owned
Prior to
Offering
  Maximum
Number of
Shares of
Common
Stock to be
Sold
Pursuant to
this
Prospectus
  Number
of Shares
of
Common
Stock
Owned
After
Offering
  Percentage
of
Common
Stock
Owned
After the
Offering
DAVID WILLIAM BREEN (9)  5,800   31   5,769  *
LOMACOTT PTY LTD ATF KEOGH SUPER FUND (10)  62,363   20,466   41,897  *
DCM NO.2 PTY LTD (11)  30,150   7,436   22,714  *
DINGO VENTURES PTY LTD (12)  8,971   121   8,850  *
DIRECT CAPITAL GROUP PTY LTD (13)  6,908   6,908   -  *
DIXSON TRUST PTY LIMITED (14)  429,276   12,811   416,465  1%
DYNAMIC CAPITAL PTY LTD ATF THE DYNAMIC TRUST (15)  5,757   5,757   -  *
EIHAB MOHAREB (16)  44,370   186   44,184  *
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED - A/C 2 (17)  917,705   10,870   906,835  1%
HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED (18)  210,957   1,553   209,404  *
ESSI CAPITAL PTY LTD (19)  23,025   311   22,714  *
EYEON INVESTMENTS PTY LTD <EYEON INVESMENTS FAMILY A/C> (20)  126,635   126,635   -  *
FOSTER CAPITAL NZ ATF THE COLT EMERGING COMPANIES FUND (21)  40,682   5,757   34,925  *
FRAZIS CAPITAL PARTNERS PTY LTD (22)  181,130   559   180,571  *
FREDRONN PTY LTD <FREDRONN FAMILY A/C> (23)  41,788   6,884   34,904  *
GINGA PTY LTD ATF TG KLINGER SUPER FUND (24)  1,457,394   59,356   1,398,038  2%
GLENEAGLE ASSET MANAGEMENT LIMITED (25)  23,025   23,025   -  *
GLENEAGLE SECURITIES NOMINEES PTY LTD (26)  145,055   145,055   -  *
SHORTS JACKET AND BOWTIE PTY LTD ATF CTPH FAMILY TRUST (27)  70,320   124   70,196  *
BENJAMIN DOYLE & MARIE CHRISTINA ASHLEY ATF GREENGRASS SELF MANAGED SUPER FUND (28)  63,413   31   63,382  *
HARLEQUIN CAPITAL PTY LTD (29)  135,680   9,623   126,057  *
HD ASSET INVESTMENTS PTY LTD ATF HD INVESTMENT TRUST (30)  11,513   156   11,357  *
HK INVESTMENT HOUSE PTY LTD (31)  15,757   78   15,679  *
HYPER OASIS PTY LTD ATF OASIS (32)  82,756   78   82,678  *
IFM PTY LIMITED ATF IFM SUPER FUND (33)  1,418,893   82,765   1,336,128  2%
ISLINGTON INVESTMENTS PTY LTD ATF HARTLIP TRUST (34)  23,025   23,025   -  *
THE TRUSTEE FOR JAMIESON INVESTMENTS TRUST (35)  57,562   777   56,785  *
JECCEM MANAGEMENT PTY LTD (36)  287,537   63,277   224,260  *
MR JAMES VALENZI ISABELLA (37)  2,129   1,447   682  *
JONATHON HIGGINS (38)  29,111   2,541   26,570  *
JUSTIN LINDQUIST (39)  46,438   156   46,282  *
KRISTOPHER KIT LOWE (40)  1,612   1,612   -  *
KATILAN PTY LTD <TOBY INVESTMENT A/C> (41)  9,428   7,156   2,272  *
LEVEL 1 PTY LTD (42)  9,210   9,210   -  *
MAINSTAY HOLDINGS PTY LTD ATF WATERSIDE TRUST (43)  70,633   311   70,322  *
MARK ALAN WENTWORTH WEEKES (44)  40,682   5,757   34,925  *
MARSHALL INVESTMENTS PTY LTD ATF MARSHALL FAMILY TRUST NO 2 (45)  2,359,447   150,281   2,209,166  3%
KINGWOOD PTY LTD ATF THE AITKEN FAMILY SUPERANNUATION FUND (46)  69,074   69,074   -  *
MISHA SAUL ATF SOUTHERN CAPITAL (COSMOS) INVESTMENT TRUST (47)  41,833   93   41,740  *
MISHTALEM PTY LTD (48)  4,605   4,605   -  *

Name of Selling Stockholder   Number
of Shares
of
Common
Stock
Owned
Prior to
Offering
  Maximum
Number of
Shares of
Common
Stock to be
Sold
Pursuant to
this
Prospectus
  Number
of Shares
of
Common
Stock
Owned
After
Offering
  Percentage
of
Common
Stock
Owned
After the
Offering
J P MORGAN NOMINEES AUSTRALIA PTY LIMITED AS CUSTODIAN FOR MILLEX ETHICAL FUND (49)  217,867   466   217,401  *
UBS NOMINEES PTY LTD AS CUSTODIAN FOR PARAGON LONG SHORT FUND (50)  480,518   96,856   383,662  1%
PASTRO HOLDINGS PTY LTD (51)  2,073   2,073   -  *
MR PETER WADE <WADE FAMILY A/C> (52)  47,837   14,455   33,382  *
PRUE DENIZ (53)  169,891   388   169,503  *
RAHUL GOYAL (54)  30,237   31   30,206  *
RAMI FARAH (55)  9,210   124   9,086  *
BANK OF AMERICA NATIONAL ASSOCIATION, LONDON BRANCH (56)  1,544,650   1,082,150   462,500  2%
RICHARD DUNFORD (57)  8,059   109   7,950  *
RONNYMAX PTY LTD <SHOENMAKER SUPER A/C> (58)  6,055   3,641   2,414  *
MICHAEL FORREST HUGHES AND JANE MADGWICK ATF MICHAEL HUGHES FAMILY TRUST (59)  23,025   311   22,714  *
DR PAUL DOMINIC RYAN & DR DIANA ELIZABETH WESTON (60)  8,481   3,656   4,825  *
SEED STRATEGIC ADVISORY PTY LTD (61)  2,991   2,991   -  *
SHEREN MOSTAFA (62)  23,025   311   22,714  *
SPRING PLAINS PASTORAL CO (VIC) PTY LTD <SPRING PLAINS PASTORAL A/C> (63)  23,025   23,025   -  *
SPRINGCAPITAL CLUB PTY LTD ATF SPRINGCAPITAL COSMOS FUND (64)  230,245   230,245   -  *
TERRA CAPITAL EMERGING COMPANY FUND PTY LTD (65)  155,414   135,848   19,566  *
TOON MUSTANG PTY LTD ATF THE INDIE PINDY INVESTMENT TRUST (66)  32,400   9,686   22,714  *
WEEMALA HOLDINGS PTY LTD ATF SINGER FAMILY TRUST (67)  251,357   26,009   225,348  *
WQSF PTY LTD ATF WWKQ SUPER FUND (68)  46,049   621   45,428  *
YARANDI INVESTMENTS PTY LTD <GRIFFITH FAMILY NO.2 A/C> (69)  53,460   311   53,149  *
EXIT OUT PTY LTD <DISCRETIONARY TRUST A/C> (70)  11,513   11,513   -  *
JDDK INVESTMENTS PTY LTD (71)  108,008   4,484   103,524  *
NELSON ENTERPRISES PTY LTD ATF THE CAVAN ST TRUST (72)  211,615   497   211,118  *
MR PETER MICHAEL RYAN & MRS PAULA ANN RYAN <PM & PA RYAN SUPER FUND A/C> (73)  3,244   9   3,235  *
CEM FAMILY HOLDINGS PTY LTD <CEM FAMILY A/C> (74)  21,405   3,524   17,881  *
MR DARREN PETER GORDON <THE GORDON FAMILY <A/C> (75)  73,774   248   73,526  *
TIGA TRADING PTY LTD (76)  178,809   126,635   52,174  *
BANNABY INVESTMENTS PTY LIMITED (77)  725,599   777   724,822  1%
BURT MANAGEMENT PTY LTD ATF BURT MANAGEMENT TRUST (78)  466,768   38,509   428,259  1%
MITCHELL FAMILY INVESTMENTS (QLD) PTY LTD ATF MITCHELL FAMILY TRUST (79)  441,280   1,222   440,058  1%
GFS SECURITIES PTY LTD ATF GLENFARE SUPER FUND (80)  10,981   5,081   5,900  *
GREGORY WILLIAM SILVER (81)  2,303   2,303   -  *
MABRA PTY LTD ATF MABRA INVESTMENTS TRUST (82)  57,544   759   56,785  *
BB SIXTON PTY LTD ATF BB SIXTON TRUST (83)  11,509   11,509   -  *
SCONE INVESTMENTS PTY LTD (84)  154,201   1,501   152,700  *
COLOURWORLD HOLDINGS PTY LTD (85)  76,388   76,388   -  *


Name of Selling Stockholder   Number
of Shares
of
Common
Stock
Owned
Prior to
Offering
  Maximum
Number of
Shares of
Common
Stock to be
Sold
Pursuant to
this
Prospectus
  Number
of Shares
of
Common
Stock
Owned
After
Offering
  Percentage
of
Common
Stock
Owned
After the
Offering
CHRISTOPHER JAMES COOPER (86)  101,413   101,412   -  *
CAMERON KING LAW GRANT <DISCONNECT FAMILY A/C> (87)  6,986   6,985   1  *
ELIAS HAILI (88)  3,497   3,496   1  *
MARK ALAN WENTWORTH WEEKES (89)  40,682   34,925   5,757  *
UBS PRIME BROKER FOR THE SEGANTII ASIA-PACIFIC EQUITY MULTI-STRATEGY FUND (90)  1,406,475   750,000   656,475  2%
REGAL FUNDS MANAGEMENT PTY LIMITED AS TRUSTEE FOR REGAL EMERGING COMPANIES FUND II AND REGAL EMERGING COMPANIES OPPORTUNITIES FUND (91)  1,136,702   462,500   674,202  2%
ILWELLA PTY LTD (92)  380,163   206,250   173,913  1%
OFFELBAR PTY LTD (93)  12,500   12,500   -  *
EVOLUTION TRUSTEES LIMITED AS TRUSTEE FOR THE FRAZIS FUND (94)  187,500   187,500   -  *
ARNOTT CAPITAL PTY LTD ATF THE ARNOTT OPPORTUNITIES TRUST (95)  211,864   67,500   144,364  *
ONE MANAGED INVESTMENT FUNDS LIMITED IN ITS CAPACITY AS CUSTODIAN OF FIFTH ESTATE ASSET MANAGEMENT PTY LTD AS TRUSTEE FOR THE FIFTH ESTATE EMERGING COMPANIES FUND I (96)  140,625   140,625   -  *
WASHINGTON H. SOUL PATTINSON AND COMPANY LIMITED (97)  233,968   138,750   95,218  *
RBC INVESTOR SERVICES AUSTRALIA NOMINEES PTY LIMITED
AS NOMINEE FOR RBC INVESTOR SERVICES TRUST
AS CUSTODIAN FOR PERPETUAL INVESTMENT MANAGEMENT LIMITED
AS RESPONSIBLE ENTITY OF THE PERPETUAL GLOBAL INNOVATION FUND
 (98)  120,000   120,000   -  *
TERRA CAPITAL MANAGEMENT PTY LTD (99)  21,576   13,750   7,826  *
MANZA PTY LTD ATF MANZA TRUST (100)  5,000   5,000   -  *
EVOLUTION TRUSTEES LIMITED ATF WUNALA CAPITAL EMERGING OPPORTUNITIES FUND (101)  83,125   83,125   -  *
BLUE LAKE PARTNERS PTY LTD (102)  43,750   43,750   -  *
BLOSSBEL PTY LTD ATF BLOSSBEL SUPERANNUATION FUND (103)  10,161   8,204   1,957  *
THORNEY INVESTMENT GROUP AUSTRALIA PTY LTD (104)  13,875   13,875   -  *
N&M RAE ATF RAE FAMILY TRUST (105)  517,674   125,000   392,674  1%
CLSF PTY LTD  <COOPER-LARSON FAMILY SF A/C> (106)  3,700   3,700   -  *
BARTWOOD HOLDINGS PTY LTD  <BARTHOLOMEW FAMILY A/C> (107)  713   713   -  *
HARDHAM PENSION FUND PTY LTD <MISTMAR PENSION FUND A/C> (108)  17,163   2,775   14,388  *
MBA WEALTH SOLUTIONS PTY LTD (109)  713   713   -  *
MR ANDREW SEARLE TRAVIS + MRS MIFFANY CHESNA TRAVIS (110)  713   713   -  *
MR JASON CRAIG IRELAND (111)  1,075   1,075   -  *
MR RONALD NORMAN COLLINGS + MRS LYNNE COLLINGS (112)  7,373   1,790   5,583  *
RED ROCK CAPITAL MARKETS PTY LTD <THE SMITH FAMILY A/C> (113)  62,310   2,868   59,442  *
RED ROCK CAPITAL MARKETS PTY LTD <THE RED ROCK SUPERFUND A/C> (114)  24,518   2,899   21,619  *
SABEEBAX PTY LTD <RECHNER FAMILY A/C> (115)  6,003   3,731   2,272  *
THE CLARENDON GROUP PTY LTD <THE CLARENDON GROUP S/F A/C> (116)  1,063   1,063   -  *


Name of Selling Stockholder   Number
of Shares
of
Common
Stock
Owned
Prior to
Offering
  Maximum
Number of
Shares of
Common
Stock to be
Sold
Pursuant to
this
Prospectus
  Number
of Shares
of
Common
Stock
Owned
After
Offering
  Percentage
of
Common
Stock
Owned
After the
Offering
DUNWORTH CORPORATE PTY LTD ATF DAVID DUNWORTH FAMILY TRUST (117)  224,605   50,000   174,605  *
BALCOMB & ASSOCIATES PTY LTD (118)  31,250   31,250   -  *
MITCHELL FAMILY SUPERANNUATION FUND (119)  46,250   46,250   -  *
WWKQ PTY LTD AS TRUSTEE FOR WWKQ TRUST (120)  46,250   46,250   -  *
SLIPLINE PTY LTD (WARRELL HOLDINGS S/F A/C) (121)  1,097,187   40,932   1,056,255  2%
WAYNE COLLINS ATF TIGER SHARE INVESTMENT (122)  36,740   25,000   11,740  *
IVORYROSE HOLDINGS PTY LTD ATF THE ASHFORTH SUPERANNUATION FUND (123)  18,750   18,750   -  *
WILLIAM PATRICK MANNING (124)  18,750   18,750   -  *
SPINITE PTY LIMITED (125)  18,750   18,750   -  *
FINDON NOMINEES PTY LTD (126)  18,000   18,000   -  *
ROBERT CALNON (127)  20,000   20,000   -  *
MRS SUSAN PATRICIA CORDINER (128)  117,256   12,500   104,756  *
TENTER FIELD SUPER PTY LTD (129)  9,375   9,375   -  *
THE TRUSTEE FOR LEW FAMILY TRUST (130)  9,375   9,375   -  *
WEEMALA CAPITAL PTY LTD (131)  67,844   6,250   61,594  *
CHRIS MACDONALD (132)  5,000   5,000   -  *
SIMON AYLING (133)  44,594   3,099   41,495  *
MRS ALISON MARY MILLER SWAN (134)  1,850   1,850   -  *
KFIR MAGEN (135)  12,500   12,500   -  *
DAVID ALSTER (136)  12,500   12,500   -  *
FOLDER ORGANIZATION INC. (137)  250,000   250,000   -  *
JL MAWSON INVESTORS, LLC (138)  125,000   125,000   -  *
SEBASTIAN STUPURAC (139)  100,000   100,000   -  *
RIMON GOLD ASSETS LTD (140)  1,953,294   125,000   1,828,294  3%
OREN DUENIAS (141)  6,250   6,250   -  *
DANIEL PELED (142)  12,500   12,500   -  *
STAS OSKIN (143)  100,000   100,000   -  *
GOREN N.Z.B. LTD (#514724582) (144)  125,000   125,000   -  *
HARVEY MANAGEMENT INC. (145)  125,000   125,000   -  *
E ANTHONY WILSON FOR EAW HOLDINGS LLC (146)  20,000   20,000   -  *
MATTHEW LIPMAN (147)  9,375   9,375   -  *
TAL ZURI (148)  31,250   31,250   -  *
TREVOR SMITH (149)  9,375   9,375   -  *
MICHAEL TILLEY (150)  31,250   31,250   -  *
GRAHAM BURKE (151)  818,751   31,250   787,501  1%
TRS VENTURES LLC (152)  16,668   16,668   -  *
KYLE M HOFFMAN (153)  5,556   5,556   -  *
BRETT MASS (154)  12,000   12,000   -  *
N. DANENBERG HOLDING (2000) LTD (155)  914,010 (160)   896,000   18,010  1%
H.C. WAINWRIGHT & CO LLC (156)  1,016,614 (161)   123,500   893,114  1%
MICHAEL VASINKEVICH (157)  352,150 (162)   243,675   108,475  1%
CRAIG SCHWABE (158)  41,033 (163)   12,825   28,208  *
AMIR HARPAZ (159)  7,875 (164)   7,875   -  *

*Less than 1%the title of the debt warrants;

 

(1)THE ADDRESS IS 50 WALUMETTA DRIVE, WOLLSTONECRAFT NSW 2065. ANDREW MARTIN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.the aggregate number of the debt warrants;

(2)THE ADDRESS IS LEVEL 27, 25 BLIGH STREET SYDNEY NSW 2000. EDWARD ALEXANDER LAWSON WEBSTER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.

(3)THE ADDRESS IS LEVEL 2, 139 MACQUARIE STREET, SYDNEY NSW 2000. MICHAEL CONSIDINE & JASON RICH & RAJEEV GUPTA IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(4)THE ADDRESS IS 460 BLACKSPRING ROAD, HIGH RANGE NSW 2575. KENNETH ARNOTT & YIANNI GERTOS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(5)THE ADDRESS IS 3RD FLOOR CITRUS GROVE GORING AVENUE PO BOX 10364. KENNETH ARNOTT & YIANNI GERTOS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(6)THE ADDRESS IS PO BOX 898 WILLIAMSTOWN VIC 3016. MR BRUCE HIGGINS & MRS RUTH HIGGINS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(7)THE ADDRESS IS LEVEL 7 151 MACQUARIE STREET SYDNEY NSW 2000. DAVID HANNON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(8)THE ADDRESS IS 37 MINKARA ROAD, BAYVIEW NSW 2104. CHRISTOPHER STEWART MACDONALD IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(9)THE ADDRESS IS 26 THOMPSON CRESCENT, RESEARCH VIC 3095. DAVID WILLIAM BREEN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(10)THE ADDRESS IS 33 HAWKESTONE STREET, COTTESLOE WA 6011. DAVID KEOGH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(11)THE ADDRESS IS 18 UPPER MINIMBAH ROAD, NORTHBRIDGE NSW 2063. DAVID CARRINGTON MARSHALL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(12)THE ADDRESS IS 23 HILL STREET, BOX HILL SOUTH VIC 3128. GARY KENNETH CHAPMAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(13)THE ADDRESS IS 37/181 CLARENCE STREET SYDNEY NSW 2000. MARIA HALASZ  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(14)THE ADDRESS IS LEVEL 8 15 CASTLEREAGH STREET SYDNEY NSW 2000. JEREMY ROBERT DIXSON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(15)THE ADDRESS IS UNIT 607 54-68 WEST ESPLANADE MANLY NSW 2095. DAVID MATHEWS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(16)THE ADDRESS IS 18 ROCHER AVE, HUNTERS HILL NSW 2110. EIHAB MOHAREB IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(17)THE ADDRESS IS GPO BOX 5302 SYDNEY NSW 2001. ASHOK JACOB IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(18)THE ADDRESS IS GPO BOX 5302 SYDNEY NSW 2001. DAVID KEELAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(19)THE ADDRESS IS 3 PARKER STREET NORTHBRIDGE NSW 2063. SAMUEL HOPKINSON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(20)THE ADDRESS IS PO BOX 1456 SHEPPARTON VIC 3632. STEPHEN COPULOS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(21)THE ADDRESS IS LEVEL 3, 118-124 QUEEN STREET AUCKLAND 1143 NEW ZEALAND. CHRIS FRANCIS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(22)THE ADDRESS IS 225 GEORGE STREET, SYDNEY NSW 2000. MICHAEL GEORGE FRAZIS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(23)THE ADDRESS IS C- T SCHOEMAKER GPO BOX 4476, SYDNEY NSW 2001. NADINE HELEN SCHOENMAKER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(24)THE ADDRESS IS PO BOX 244, PORT DOUGLAS QLD 4877. TOM KLINGER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(25)THE ADDRESS IS LEVEL 27 BLIGH STREET SYDNEY NSW 2000. LANCE ROSENBERG IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(26)THE ADDRESS IS LEVEL 27 BLIGH STREET SYDNEY NSW 2000. LANCE ROSENBERG IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(27)THE ADDRESS IS 201A BOURKE STREET DARLINGHURST NSW 2010. GRANT PATRICK DOWLING IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(28)THE ADDRESS IS PO BOX 889 NORTH SYDNEY NSW 2060. BENJAMIN DOYLE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(29)THE ADDRESS IS LV 4 240 QUEEN STREET BRISBANE NSW 4000. ALEXANDRA CLARKE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(30)THE ADDRESS IS 4/5 GOLDSMITH STREET ELWOOD VIC 3184. HILLIER DENIZ IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(31)THE ADDRESS IS 6 GLADES AVENUE, GLADESVILLE NSW 2111. HARIS KHALIQI IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(32)THE ADDRESS IS 706C 30 ROTHSCHILD AVE, ROSEBERY NSW 2018. XIN LI IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(33)THE ADDRESS IS 11 DENDROBIUM CRESCENT, ELANORA HEIGHTS NSW 2101. TOD MCGROUTHER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(34)THE ADDRESS IS L2 357 MILITARY ROAD MOSMAN NSW 2088. JONATHAN DEANE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(35)THE ADDRESS IS 49 THANET STREET, MALVERN VIC 3144. DAVID RIDLEY GRAY IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(36)THE ADDRESS IS 48 COOLONG ROAD, VAUCLUSE NSW 2030. MORRY WAKED IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.

(37)THE ADDRESS IS PO BOX 138 DAPTO NSW 2530. JAMES VALENZI ISABELLA IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(38)THE ADDRESS IS PO BOX 898 WILLIAMSTOWN 3016. JONATHON ADAM HIGGINS  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(39)THE ADDRESS IS 15 THOMPSON STREET, DRUMMOYNE NSW 2047. JUSTIN LINDQUIST  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(40)THE ADDRESS IS 13 ROBERTSON ROAD, NORTH CURL CURL NSW 2099. KRISTOPHER KIT LOWE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(41)THE ADDRESS IS PO BOX R713 ROYAL EXCHANGE NSW 1225. TIMOTHY BUCKLE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(42)THE ADDRESS IS LEVEL 27 25 BLIGH STREET SYDNEY NSW 2000. MATTHEW ROSENBERG IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(43)THE ADDRESS IS LEVEL 1 261 GEORGE STREET SYDNEY NSW 2000. WALTER MORRIS LEWIN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(44)THE ADDRESS IS 40 MIDDLE HEAD ROAD, MOSMAN NSW 2088. MARK ALAN WENTWORTH WEEKES IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(45)THE ADDRESS IS SUITE1 LEVEL 12 53 MARTIN PLACE SYDNEY NSW 2000. JOHN CARRINGTON MARSHALL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(46)THE ADDRESS IS 1 EDWIN STREET, GREENWICH NSW 2065. MICHAEL AITKEN  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(47)THE ADDRESS IS 116 ROSEVILLE AVENUE, ROSEVILLE NSW 2069. MISHA SAUL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(48)THE ADDRESS IS 10 NEW STREET, BONDI NSW 2026. MENACHEM MENDEL AMZALAK IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(49)THE ADDRESS IS SUITE 202, 23 HUNTER STREET SYDNEY NSW. WEIMIN XIE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(50)THE ADDRESS IS LEVEL 16, CHIFLEY TOWER, 2 CHIFLEY SQUARE SYDNEY NSW 2000. JOHN DENIZ IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(51)THE ADDRESS IS 22 DUNCAN CRESCENT, COLLAROY PLATEAU NSW 2097. DANIEL PASTRO IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(52)THE ADDRESS IS 289 GREAT WESTERN HIGHWAY, BLACKHEATH NSW 2785. PETER WADE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(53)THE ADDRESS IS 58 MILTON STREET, ELWOOD VIC 3184. PRUE DENIZ IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(54)THE ADDRESS IS 30 O'NEILL STREET, LILYFIELD NSW 2040. RAHUL GOYAL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(55)THE ADDRESS IS 1604 AMWAJ 4, JUMEIRAH BEACH RESIDENCE, DUBAI UAE. RAMI FARAH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(56)THE ADDRESS IS GPO BOX 5302, SYDNEY NSW  2001 . PHILIP AND ANDREW KING IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(57)THE ADDRESS IS 16 ALAN STREET, CAMMARAY NSW 2062. RICHARD DUNFORD IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(58)THE ADDRESS IS 271 DURHAM STREET, WEST BATHURST NSW 2795. THOMAS JOHN SCHOENMAKER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(59)THE ADDRESS IS 21/6A GREENKNOWE AVENUE, ELIZABETH BAY NSW 2011. MICHAEL FORREST HUGHES  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(60)THE ADDRESS IS C/- WENTWORTH SECURITIES GPO BOX 4476, SYDNEY NSW 2001. DR PAUL DOMINIC RYAN & DR DIANA ELIZABETH WESTON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(61)THE ADDRESS IS 32 MOORE STREET, SOUTH YARRA VIC 3141. RAN VAINGOLD   IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(62)THE ADDRESS IS 6 GLADES AVENUE, GLADESVILLE NSW 2111. SHEREN MOSTAFA IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(63)THE ADDRESS IS LEVEL 15 333 COLLINS STREET, MELBOURNE VIC 3000. MARCUS FREEMAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(64)THE ADDRESS IS SUITE 302, 10 BRIDGE STREET SYDNEY NSW 2000. MICHAEL CHEN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(65)THE ADDRESS IS LEVEL 12 139 MACQUARIE STREET SYDNEY NSW 2000. JEREMY BOND IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(66)THE ADDRESS IS 9 HARGRAVE STREET, PADDINGTON NSW 2021. AMAR JASSAL  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(67)THE ADDRESS IS 14 WEEMALA ROAD, NORTHBRIDGE NSW 2063. DAVID ANTONY SINGER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(68)THE ADDRESS IS 49 DILLON STREET PADDINGTON NSW 2021. WILLIAM QUIST IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(69)THE ADDRESS IS 10 VERNON STREET, HUNTERS HILL NSW 2110. DAVID GRIFFITH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.

(70)THE ADDRESS IS LEVEL 27 25 BLIGH STREET SYDNEY NSW 2000. ANDRE DALTON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(71)THE ADDRESS IS 285-295 BONDI ROAD, BONDI NSW 2026. JOHAN KRYNAUW IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(72)THE ADDRESS IS G2 12 BROWNING ST, SOUTH BRISBANE QLD 4101. TERENCE MCMAHON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(73)THE ADDRESS IS PO BOX 432 KYABRAMI VIC 3619. PETER MICHAEL RYAN & MRS PAULA ANN RYAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(74)THE ADDRESS IS 33 LANG STREET, MOSMAN NSW 2088. CATRIONA CROOKES IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(75)THE ADDRESS IS PO BOX 1411, WEST PERTH WA 6872. DARREN PETER GORDON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(76)THE ADDRESS IS LEVEL 39 55 COLLINS STREETS, MELBOURNE VIC 3000. ALEX WAISLITZ IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(77)THE ADDRESS IS 453 BRONTE ROAD, BRONTE NSW 2024. KEITH WILLIAM KERRIDGE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(78)THE ADDRESS IS 5 AMALFI PLACE, LONGUEVILLE NSW 2066. NICHOLAS BURT IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(79)THE ADDRESS IS 112 BLUESTONE CIRCUIT, SEVENTEEN MILE ROCKS QLD 4073. NATHAN ANDREW MITCHELL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(80)THE ADDRESS IS 4 HAVERBRACK AVENUE, MALVERN VIC 3144. ANTHONY LAURENCE DAVIS  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(81)THE ADDRESS IS 2/266 BONDI ROAD, BONDI 2026. GREGORY WILLIAM SILVER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(82)THE ADDRESS IS LEVEL 1, 8 INNOVATION PARKWAY, BIRTINYA. TONY BRAND IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(83)THE ADDRESS IS SUITE 1, LEVEL 12, 53 MARTIN PLACE SYDNEY NSW 2000. ADAM MARSHALL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(84)THE ADDRESS IS LEVEL 18, 420 GEORGE STREET SYDNEY NSW 2000. ANGUS DAVID PARADICE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(85)THE ADDRESS IS 21A HOLDSWORTH STREET  NEUTRAL BAY NSW 2089. DAVID KEELAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(86)THE ADDRESS IS 6/334B BONDI ROAD  BONDI BEACH NSW 2026. CHRISTOPHER JAMES COOPER  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(87)THE ADDRESS IS 40 STANHOPE ROAD  KILLARA NSW 2071. CAMERON KING LAW GRANT IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(88)THE ADDRESS IS 5 WATER STREET  SOUTH STRATHFIELD NSW 2136. ELIAS HAILI  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(89)THE ADDRESS IS 40 MIDDLE HEAD ROAD  MOSMAN NSW 2088. MARK ALAN WENTWORTH WEEKES  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(90)THE ADDRESS IS 21ST FLOOR, 100 QRC, 100 QUEEN'S ROAD CENTRAL, HONG KONG. KURT HAKAN ERSOY IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(91)THE ADDRESS IS FAO ELAINE SHORTALL (+353 12438512)
EMEA TRANSACTION TAX & UK RESIDUAL SETTLEMENTS
BLOCK D, CENTRAL PARK, LEOPARDSTOWN DUBLIN 18. PHILIP AND ANDREW KING IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(92)THE ADDRESS IS SUITE 06, LEVEL 22, 56 PITT STREET, SYDNEY NSW 2000. QUENTIN JOSEPH FLANNERY IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(93)THE ADDRESS IS SUITE 06, LEVEL 22, 56 PITT STREET, SYDNEY NSW 2000. QUENTIN JOSEPH FLANNERY IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(94)THE ADDRESS IS C/- MAINSTREAM: LEVEL 1, 51-57 PITT ST, SYDNEY NSW 2000 AUSTRALIA. MICHAEL FRAZIS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(95)THE ADDRESS IS LEVEL 5, 175 MACQUARIE ST SYDNEY NSW 2000. YIANNI GERTOS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(96)THE ADDRESS IS LEVEL 16 GOVENROR MACQUARIE TOWER 1 FARRER PLACE SYDNEY NSW 2000. DANE ROBERTS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(97)THE ADDRESS IS GPO BOX 479 SYDNEY NSW 2001. DEAN PRICE  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(98)THE ADDRESS IS ANGEL PLACE, LEVEL 18/123 PITT ST, SYDNEY NSW 2000. JAMES POLLETT IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(99)THE ADDRESS IS C-/ LEVEL 12, 139 MACQUARIE STREET, SYDNEY, NSW, 2000. JEREMY BOND IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES. 
(100)THE ADDRESS IS C-/ LEVEL 12, 139 MACQUARIE STREET, SYDNEY, NSW, 2000. MATTHEW LANGSFORD IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.

(101)THE ADDRESS IS LEVEL 7, 1 YORK ST, SYDNEY NSW 2000. SCOTT WILSON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(102)THE ADDRESS IS L20, MACQUARIE PLACE, SYDNEY NSW, AUSTRALIA 2000. DANIEL BARON DROGA  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(103)THE ADDRESS IS 45 PARRIWI RD, MOSMAN 2088 NSW . SCOTT BARNES IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(104)THE ADDRESS IS LEVEL 39, 55 COLLINS STREET MELBOURNE VIC 3000. ALEX WAISLITZ IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(105)THE ADDRESS IS 65 BURSWOOD ROAD, BURSWOOD, WESTERN AUSTRALIA 6100. NEIL AND MELANIE RAE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(106)THE ADDRESS IS 7 VISTA AVENUE BALGOWLAH HEIGHTS NSW. CURTIS LARSON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(107)THE ADDRESS IS PO BOX 1496 BATHURST NSW. DUSTIN BARTHOLOMEW  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(108)THE ADDRESS IS C/- WENTWORTH SECURITIES GPO BOX 4476. CHRISTOPHER GUY HARDHAM IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(109)THE ADDRESS IS PO BOX 1496 BATHURST NSW. RONALD McCUMSTIE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(110)THE ADDRESS IS PO BOX 1496 BATHURST NSW. MR ANDREW SEARLE TRAVIS + MRS MIFFANY CHESNA TRAVIS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(111)THE ADDRESS IS 22 EDMUND STREET
QUEENS PARK NSW. MR JASON CRAIG IRELAND  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(112)THE ADDRESS IS <COLLINGS SUPER FUND A/C> C/- WENTWORTH SECURITIES. MR RONALD NORMAN COLLINGS + MRS LYNNE COLLINGS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(113)THE ADDRESS IS 3 LANG STREET MOSMAN NSW. PAUL FRANCIS SMITH  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(114)THE ADDRESS IS 3 LANG STREET MOSMAN NSW. PAUL FRANCIS SMITH  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(115)THE ADDRESS IS 9 NORTHCOTE ROAD
 LINDFIELD NSW. MARK RECHNER AND ANNETTE CLARE RECHNER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(116)THE ADDRESS IS CHESTNUT PARK 24 SHORTHOUSES RD. ROSS SMITH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(117)THE ADDRESS IS 73A BAY ST, DOUBLE BAY, NSW, AUSTRALIA, 2028. PETER DUNWORTH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(118)THE ADDRESS IS UNIT 2 1 MINNA CLOSE BELROSE NSW 2085.
PO BOX 356 TERREY HILLS NSW 2084. RAYMOND BALCOMB IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(119)THE ADDRESS IS 112 BLUESTONE CIRCUIT, SEVENTEEN MILE ROCKS, 4073, QLD, AUSTRALIA. NATHAN ANDREW MITCHELL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(120)THE ADDRESS IS 49 DILLON STREET, PADDINGTON NSW 2021. WILLIAM QUIST IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(121)THE ADDRESS IS 107 ANTHONY STREET, ASCOT, QLD 4007. MICHAEL BUYS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(122)THE ADDRESS IS 52 MONASH PARADE DEE WHY 2099. WAYNE COLLINS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(123)THE ADDRESS IS 30 BRANKSOME GARDENS CITY BEACH, WA 6015. MICHAEL FILAN ASHFORTH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(124)THE ADDRESS IS 42/42-43 NEW BEACH ROAD DARLING POINT NSW 2027. WILLIAM PATRICK MANNING IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(125)THE ADDRESS IS LEVEL 27 25 BLIGH STREET SYDNEY NSW 2000. LANCE ROSENBERG IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(126)THE ADDRESS IS 7 ROSEMONT AVENUE, WOOLLAHRA, NSW, 2025 AUSTRALIA. DAVID KLINGER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(127)THE ADDRESS IS 32 HIGHBURY GROVE, KEW VIC 3101 AUSTRALIA. ROBERT CALNON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(128)THE ADDRESS IS 3 BURTON STREET, MOSMAN, NSW 2088 , AUSTRALIA. MRS SUSAN PATRICIA CORDINER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(129)THE ADDRESS IS 32 JACARANDA DRIVE, CABARITA, 2137, NSW. ANDREW FIELD / ALISON FIELD  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(130)THE ADDRESS IS 198 JERSEY RD, PADDINGTON, 2021, NSW. PETER LEW IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.

(131)THE ADDRESS IS 14 WEEMALA ROAD NORTHBRIDGE NSW 2063. DAVID SINGER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(132)THE ADDRESS IS 37 MINKARA ROAD, BAYVIEW, NSW 2104. CHRIS MACDONALD  IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(133)THE ADDRESS IS 106 HOLT AVENUE MOSMAN NSW 2088 AUSTRALIA. SIMON AYLING IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(134)THE ADDRESS IS UNIT 10 85B OCEAN ST WOOLLAHRA NSW 2025. MRS ALISON MARY MILLER SWAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(135)THE ADDRESS IS 6 HARAV FRIDMAN ST TEC AVIV ISRAEL. KFIR MAGEN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(136)THE ADDRESS IS 10 YAARA ST KOCHAV YAIR ISRAEL. DAVID ALSTER IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(137)THE ADDRESS IS PASEA ESTATE. ROAD TOWN, TORTOLA, BVI. ELI ISRAEL IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(138)THE ADDRESS IS PO BOX 202845, ANCHORAGE, ALASKA 99520-2845. JONATHAN RUBINI IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(139)THE ADDRESS IS 13 SHALEVET ST, OR YEHUDA, ISRAEL. SEBASTIAN STUPURAC IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(140)THE ADDRESS IS 32A HABARZEL ST. TEL AVIV, 6971046, ISRAEL. ABIR RAVEH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(141)THE ADDRESS IS 3A PHOVSKI ST. TEL AVIV ISRAEL. OREN DUENIAS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(142)THE ADDRESS IS RAV ALUF DAVID ELAZAR ST 15, TEL AVIV-YAFO, 6107411. DANIEL PELED IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(143)THE ADDRESS IS ANNE FRANK 15, BAT-YAM, ISRAEL. STAS OSKIN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(144)THE ADDRESS IS 1 SHALOM ALEICHEM ST, HOD HASHARON, ISRAEL, 4521456. ISRAEL LEOPOLD GOREN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(145)THE ADDRESS IS 5573 HIGH FLYER ROAD. N. PALM BEACH GARDENS, FL 33418. WILLIAM HARVEY IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(146)THE ADDRESS IS 601 N. CONGRESS AVENUE SUITE 114, DELRAY BEACH, FLORIDA 33445. E ANTHONY WILSON IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(147)THE ADDRESS IS 801 PERRY COVE SAVANNAH, GA 31410. MATTHEW LIPMAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(148)THE ADDRESS IS 3 HAHARHAVA ST, MOSHAV HERUT, ISRAEL, 40691. TAL ZURI IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(149)THE ADDRESS IS 13281 PONDEROSA WAY, FORT MYERS, FL, 33907. TREVOR BRUCE SMITH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(150)THE ADDRESS IS 12 BLACKS ROAD ARCADIA NSW 2159. MICHAEL TILLEY IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(151)THE ADDRESS IS 1/500 CHAPEL STREET SOUTH YARRA VIC 03141 . GRAHAM WILLIAM BURKE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(152)THE ADDRESS IS 425 LEBANON STREET MONROE OH 45050. DAN TUZZIO IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(153)THE ADDRESS IS 5217 COTTAGE BLUFF LN KNIGHTDALE NC 27545. KYLE HOFFMAN IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(154)THE ADDRESS IS 7320 E. BUTHERUS DRIVE, SUITE 105, SCOTTSDALE, AZ 85260. BRETT MASS IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(155)THE ADDRESS IS 4, BOROCHOV STREET HOD HASHARON 4520404, ISRAEL. NOAM DANENBERG IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(156)THE ADDRESS IS C/- H.C. WAINWRIGHT & CO, 430 PAK AVE 3rd FLOOR NEW YORK NY 10022. MARK VIKLUND IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES. BROKER-DEALER. SELLING SHAREHOLDER HAS CERTIFIED THAT AT THE TIME IT PURCHASED THE SHARES OF COMMON STOCK UNDERLYING THE WARRANT BEING REGISTERED HEREUNDER, IT HAD NO AGREEMENTS OR UNDERSTANDING, DIRECTLY OR INDIRECTLY WITH ANY PERSON TO DISTRIBUTE THE SUBJECT SECURITIES.
(157)THE ADDRESS IS C/- H.C. WAINWRIGHT & CO, 430 PAK AVE 3rd FLOOR NEW YORK NY 10022. MICHAEL VASINKEVICH IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(158)THE ADDRESS IS C/- H.C. WAINWRIGHT & CO, 430 PAK AVE 3rd FLOOR NEW YORK NY 10022. CRAIG SCHWABE IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(159)THE ADDRESS IS 13529 BRYNWOOD LANE, FORT MYERS FLORIDA 33912. AMIR HARPAZ IS THE NATURAL PERSON WHO HAS VOTING AND INVESTMENT CONTROL OVER THE SECURITIES.
(160)INCLUDES 896,000 SHARES ISSUABLE UPON EXERCISE OF PRESENTLY EXERCISABLE WARRANTS.
(161)INCLUDES 123,500 SHARES ISSUABLE UPON EXERCISE OF PRESENTLY EXERCISABLE WARRANTS.
(162)INCLUDES 243,675 SHARES ISSUABLE UPON EXERCISE OF PRESENTLY EXERCISABLE WARRANTS.
(163)INCLUDES 12,625 SHARES ISSUABLE UPON EXERCISE OF PRESENTLY EXERCISABLE WARRANTS.
(164)INCLUDES 7,875 SHARES ISSUABLE UPON EXERCISE OF PRESENTLY EXERCISABLE WARRANTS.the price or prices at which the debt warrants will be issued;

 


the designation, aggregate principal amount and terms of the debt securities purchasable upon exercise of the debt warrants, and the procedures and conditions relating to the exercise of the debt warrants;

the designation and terms of any related debt securities with which the debt warrants are issued, and the number of the debt warrants issued with each security;

the date, if any, on and after which the debt warrants and the related debt securities will be separately transferable;

the principal amount of debt securities purchasable upon exercise of each debt warrant, and the price at which the principal amount of the debt securities may be purchased upon exercise;

the date on which the right to exercise the debt warrants will commence, and the date on which the right will expire;

the maximum or minimum number of the debt warrants that may be exercised at any time;

information with respect to book-entry procedures, if any;

changes to or adjustments in the exercise price of the debt warrants;

a discussion of the material U.S. federal income tax considerations applicable to the exercise of the debt warrants; and

any other terms of the debt warrants and terms, procedures and limitations relating to the exercise of the debt warrants.

As may be permitted under the warrant agreement, holders may exchange debt warrant certificates for new debt warrant certificates of different denominations, and may exercise debt warrants at the corporate trust office of the warrant agent or any other office indicated in the applicable prospectus supplement and any related free writing prospectuses. Prior to the exercise of their debt warrants, holders of debt warrants will not have any of the rights of holders of the securities purchasable upon the exercise and will not be entitled to payments of principal, premium or interest on the securities purchasable upon the exercise of debt warrants.

Exercise of Warrants

Each warrant will entitle the holder of the warrant to purchase for cash at the exercise price provided in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses the principal amount of debt securities or shares of Preferred Stock or shares of Common Stock being offered. Holders may exercise warrants at any time up to the close of business on the expiration date provided in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses. After the close of business on the expiration date, unexercised warrants will be void.

Holders may exercise warrants as described in the applicable warrant agreement and corresponding prospectus supplement or any free writing prospectuses relating to the warrants being offered. Upon receipt of payment and the warrant certificate properly completed and duly executed at the corporate trust office of the warrant agent or any other office indicated in the applicable warrant agreement and corresponding prospectus supplement or any related free writing prospectuses, we will, as soon as practicable, forward the debt securities, shares of Preferred Stock or shares of Common Stock purchasable upon the exercise of the warrant. If less than all of the warrants represented by the warrant certificate are exercised, we will issue a new warrant certificate for the remaining warrants.


DESCRIPTION OF UNITS WE MAY OFFER

The following description, together with the additional information we may include in any applicable prospectus supplements and free writing prospectuses, summarizes the material terms and provisions of the units that we may offer under this prospectus. While the terms we have summarized below will apply generally to any units that we may offer under this prospectus, we will describe the particular terms of any series of units in more detail in the applicable prospectus supplement. The terms of any units offered under a prospectus supplement may differ from the terms described below. However, no prospectus supplement will fundamentally change the terms that are set forth in this prospectus or offer a security that is not registered and described in this prospectus at the time of its effectiveness.

We will file as exhibits to the registration statement of which this prospectus is a part, or will incorporate by reference from a current report on Form 8-K that we file with the SEC, the form of unit agreement that describes the terms of the series of units we are offering, and any supplemental agreements, before the issuance of the related series of units. The following summaries of material terms and provisions of the units are subject to, and qualified in their entirety by reference to, all the provisions of the unit agreement and any supplemental agreements applicable to a particular series of units. We urge you to read the applicable prospectus supplements related to the particular series of units that we sell under this prospectus, as well as the complete unit agreement and any supplemental agreements that contain the terms of the units.

General

We may issue units comprised of one or more shares of Common Stock, shares of Preferred Stock, debt securities and warrants in any combination. Each unit will be issued so that the holder of the unit is also the holder of each security included in the unit. Thus, the holder of a unit will have the rights and obligations of a holder of each included security. The unit agreement under which a unit is issued may provide that the securities included in the unit may not be held or transferred separately, at any time or at any time before a specified date.

We will describe in the applicable prospectus supplement the terms of the series of units, including:

the designation and terms of the units and of the securities comprising the units, including whether and under what circumstances those securities may be held or transferred separately;

any provisions of the governing unit agreement that differ from those described below; and

any provisions for the issuance, payment, settlement, transfer or exchange of the units or of the securities comprising the units.

The provisions described in this section, as well as those described under “Description of Capital Stock We May Offer,” “Description of Debt Securities We May Offer” and “Description of Warrants We May Offer” will apply to each unit and to any Common Stock, Preferred Stock, debt security or warrant included in each unit, respectively.

Issuance in Series

We may issue units in such amounts and in numerous distinct series as we determine.

Enforceability of Rights by Holders of Units

Each unit agent will act solely as our agent under the applicable unit agreement and will not assume any obligation or relationship of agency or trust with any holder of any unit. A single bank or trust company may act as unit agent for more than one series of units. A unit agent will have no duty or responsibility in the event of any default by us under the applicable unit agreement or unit, including any duty or responsibility to initiate any proceedings at law or otherwise, or to make any demand upon us. Any holder of a unit may, without the consent of the related unit agent or the holder of any other unit, enforce by appropriate legal action its rights as holder under any security included in the unit.

We, the unit agents and any of their agents may treat the registered holder of any unit certificate as an absolute owner of the units evidenced by that certificate for any purpose and as the person entitled to exercise the rights attaching to the units so registered, despite any notice to the contrary.


PLAN OF DISTRIBUTION

 

We are registeringmay sell the shares of common stock previously issued and issuable upon exercise of the warrants to purchase shares of our common stock to permit the resale of these shares of common stock by the holders thereof and holders of the shares of common stock and warrantssecurities from time to time after the date of this prospectus. We will receive proceeds in connection with the applicable exercise price of the warrantspursuant to purchase shares of our common stock, unless any of such warrants will be exercised via cashless exercise to the extent provided for in the applicable warrant. Other than such exercise price, we will not receive any of the proceeds from the sale by the selling stockholders of the shares of common stock. We will bear all fees and expenses incident to our obligation to register the shares of common stock The selling stockholders may sell allunderwritten public offerings, negotiated transactions, block trades or a portioncombination of the shares of common stock beneficially owned by them and offered herebythese methods or through underwriters or dealers, through agents and/or directly to one or more purchasers. The securities may be distributed from time to time directly or through one or more underwriters, broker-dealers or agents. If the shares of common stock are sold through underwriters or broker-dealers, the selling stockholders will be responsible for underwriting discounts or commissions or agent’s commissions. The shares of common stock may be sold in one or more transactions at fixed prices, at prevailing market prices at the time of the sale, at varying prices determined at the time of sale, or at negotiated prices. These sales may be effected in transactions, which may involve crosses or block transactions:

 

on any national securities exchangeat a fixed price or quotation service onprices, which the securities may be listed or quotedchanged;

at market prices prevailing at the time of sale;

 

in the over-the-counter market;at prices related to such prevailing market prices; or

 

in transactions otherwise than on these exchanges or systems or in the over-the-counter market;at negotiated prices.

 

through the writing of options, whether such options are listed on an options exchange or otherwise;

Each time that we sell securities covered by this prospectus, we will provide a prospectus supplement or supplements that will describe the method of distribution and set forth the terms and conditions of the offering of such securities, including the offering price of the securities and the proceeds to us, if applicable.

 

ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers;

Offers to purchase the securities being offered by this prospectus may be solicited directly. Agents may also be designated to solicit offers to purchase the securities from time to time. Any agent involved in the offer or sale of our securities will be identified in a prospectus supplement.

 

block trades in which the broker-dealer will attempt to sell the shares as agent but may position and resell a portion of the block as principal to facilitate the transaction;

If a dealer is utilized in the sale of the securities being offered by this prospectus, the securities will be sold to the dealer, as principal. The dealer may then resell the securities to the public at varying prices to be determined by the dealer at the time of resale.

 

purchases by a broker-dealer as principal and resale by the broker-dealer for its account;

an exchange distribution in accordance with the rules of the applicable exchange;

privately negotiated transactions;

short sales;

sales pursuant to Rule 144;

broker-dealers may agree with the selling securityholders to sell a specified number of such shares at a stipulated price per share;

a combination of any such methods of sale; and

any other method permitted pursuant to applicable law.


If an underwriter is utilized in the selling stockholders effect such transactionssale of the securities being offered by selling sharesthis prospectus, an underwriting agreement will be executed with the underwriter at the time of common stocksale and the name of any underwriter will be provided in the prospectus supplement that the underwriter will use to make resales of the securities to the public. In connection with the sale of the securities, we or the purchasers of securities for whom the underwriter may act as agent, may compensate the underwriter in the form of underwriting discounts or commissions. The underwriter may sell the securities to or through underwriters, broker-dealers or agents, such underwriters, broker-dealers or agentsdealers, and those dealers may receive commissionscompensation in the form of discounts, concessions or commissions from the selling stockholders underwriters and/or commissions from the purchasers of the shares of common stock for whomwhich they may act as agent. Unless otherwise indicated in a prospectus supplement, an agent will be acting on a best efforts basis and a dealer will purchase securities as a principal, and may then resell the securities at varying prices to be determined by the dealer.

Any compensation paid to underwriters, dealers or to whom they may sell as principal (whichagents in connection with the offering of the securities, and any discounts, concessions or commissions asallowed by underwriters to particular underwriters, broker-dealers or agents mayparticipating dealers will be in excess of those customaryprovided in the types of transactions involved). In connection with sales of the shares of common stock or otherwise, the selling stockholders may enter into hedging transactions with broker-dealers, which may in turn engage in short sales of the shares of common stock in the course of hedging in positions they assume. The selling stockholders may also sell shares of common stock shortapplicable prospectus supplement. Underwriters, dealers and deliver shares of common stock covered by this prospectus to close out short positions and to return borrowed shares in connection with such short sales. The selling stockholders may also loan or pledge shares of common stock to broker-dealers that in turn may sell such shares.

The selling stockholders may pledge or grant a security interest in some or all of the warrants or shares of common stock owned by them and, if they default in the performance of their secured obligations, the pledgees or secured parties may offer and sell the shares of common stock from time to time pursuant to this prospectus or any amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act, amending, if necessary, the list of selling stockholders to include the pledgee, transferee or other successors in interest as selling stockholders under this prospectus. The selling stockholders also may transfer and donate the shares of common stock in other circumstances in which case the transferees, donees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus.

The selling stockholders and any broker-dealeragents participating in the distribution of the shares of common stocksecurities may be deemed to be “underwriters”underwriters within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), and any commission paid, ordiscounts and commissions received by them and any discounts or concessions allowed to, any such broker-dealerprofit realized by them on resale of the securities may be deemed to be underwriting commissions or discounts under the Securities Act. At the time a particular offering of the shares of common stock is made, a prospectus supplement, if required, will be distributed which will set forth the aggregate amount of shares of common stock being offered and the terms of the offering, including the name or names of any broker-dealers or agents, any discounts, commissions and other terms constituting compensation from the selling stockholders and any discounts, commissions or concessions allowed or reallowed or paid to broker-dealers.

Under the securities laws of some states, the shares of common stock may be sold in such states only through registered or licensed brokers or dealers. In addition, in some states the shares of common stock may not be sold unless such shares have been registered or qualified for sale in such state or an exemption from registration or qualification is available and is complied with.

There can be no assurance that any selling stockholder will sell any or all of the shares of common stock registered pursuant to the registration statement, of which this prospectus forms a part.

The selling stockholders and any other person participating in such distribution will be subject to applicable provisions of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and the rules and regulations thereunder, including, without limitation, Regulation M of the Exchange Act, which may limit the timing of purchases and sales of any of the shares of common stock by the selling stockholders and any other participating person. Regulation M may also restrict the ability of any person engaged in the distribution of the shares of common stock to engage in market-making activities with respect to the shares of common stock. All of the foregoing may affect the marketability of the shares of common stock and the ability of any person or entity to engage in market-making activities with respect to the shares of common stock.

We will pay all expenses of the registration of the shares of common stock, estimated to be approximately $80,000 in total, including, without limitation, SEC filing fees and expenses of compliance with state securities or “blue sky” laws; provided, however, that a selling stockholder will pay all underwriting discounts and selling commissions, if any. We will indemnify the selling stockholders against liabilities, including some liabilities under the Securities Act, in accordance with the registration rights agreements, or the selling stockholders will be entitled to contribution.commissions. We may be indemnified by the selling stockholdersenter into agreements to indemnify underwriters, dealers and agents against civil liabilities, including liabilities under the Securities Act, that may arise from any written information furnishedor to us by the selling stockholder specifically for use in this prospectus, in accordance with the Registration Rights Agreement, or wecontribute to payments they may be entitledrequired to contribution.make in respect thereof and to reimburse those persons for certain expenses.

 

Once sold under the registration statement, of which this prospectus forms a part, the shares of common stockAny Common Stock will be freely tradablequoted on the Nasdaq Stock Market, but any other securities may or may not be listed on a national securities exchange. To facilitate the offering of securities, certain persons participating in the handsoffering may engage in transactions that stabilize, maintain or otherwise affect the price of the securities. This may include over-allotments or short sales of the securities, which involve the sale by persons otherparticipating in the offering of more securities than our affiliates.were sold to them. In these circumstances, these persons would cover such over-allotments or short positions by making purchases in the open market or by exercising their over-allotment option, if any. In addition, these persons may stabilize or maintain the price of the securities by bidding for or purchasing securities in the open market or by imposing penalty bids, whereby selling concessions allowed to dealers participating in the offering may be reclaimed if securities sold by them are repurchased in connection with stabilization transactions. The effect of these transactions may be to stabilize or maintain the market price of the securities at a level above that which might otherwise prevail in the open market. These transactions may be discontinued at any time.

 


We may engage in at the market offerings into an existing trading market in accordance with Rule 415(a)(4) under the Securities Act. In addition, we may enter into derivative transactions with third parties, or sell securities not covered by this prospectus to third parties in privately negotiated transactions. If the applicable prospectus supplement so indicates, in connection with those derivatives, the third parties may sell securities covered by this prospectus and the applicable prospectus supplement, including in short sale transactions. If so, the third party may use securities pledged by us or borrowed from us or others to settle those sales or to close out any related open borrowings of stock, and may use securities received from us in settlement of those derivatives to close out any related open borrowings of stock. The third party in such sale transactions will be an underwriter and, if not identified in this prospectus, will be named in the applicable prospectus supplement (or a post-effective amendment). In addition, we may otherwise loan or pledge securities to a financial institution or other third party that in turn may sell the securities short using this prospectus and an applicable prospectus supplement. Such financial institution or other third party may transfer its economic short position to investors in our securities or in connection with a concurrent offering of other securities.

The specific terms of any lock-up provisions in respect of any given offering will be described in the applicable prospectus supplement.

The underwriters, dealers and agents may engage in transactions with us, or perform services for us, in the ordinary course of business for which they receive compensation.

LEGAL MATTERS

 

The validity of the securities being offered by this prospectushereby will be passed uponon by Dentons USSheppard, Mullin, Richter & Hampton LLP. Additional legal matters may be passed upon for us or anyAny underwriters, dealers or agents will also be advised about the validity of the securities and other legal matters by their own counsel, that wewhich will namebe named in an applicablethe prospectus supplement.

 

EXPERTS

 

The audited consolidated financial statements of Mawson Infrastructure Group Pty Ltd. (formerly known as Cosmos Capital Ltd.)Inc. and its subsidiaries, as of and for the years ended December 31, 20202021 and 20192020 included in this prospectus, and elsewhere in the registration statement on Form S-3 have been so included in reliance upon the report of LNP Audit and Assurance International Pty Ltd, independent registered public accountants, upon the authority of said firm as experts in accounting and auditing.

 


WHERE YOU CAN FIND MORE INFORMATIONPART II

 

We are a reporting company and file annual, quarterly and current reports, proxy statements and other information with the SEC. You may read and copy these reports, proxy statements and other information at the SEC’s public reference rooms at 100 F Street, N.E., Room 1580, Washington, D.C. 20549. You can request copies of these documents by writing to the SEC and paying a fee for the copying cost. Please call the SEC at 1-800-SEC-0330 for more information about the operation of the public reference rooms. The SEC also maintains a website that contains reports, proxy and information statements and other information about issuers, such as us, who file electronically with the SEC. The address of that website is www.sec.gov.

We maintain a website at www.mawsoninc.com. Webcasts of presentations we make at certain conferences may also be available on our website from time to time. The information contained on, or that can be accessed through, our website is not incorporated by reference into this prospectus. We have included our web address as an inactive textual reference only.

We have filed a registration statement on Form S-3 with the SEC relating to the securities covered by this prospectus. This prospectus is a part of the registration statement and does not contain all of the information in the registration statement. You may review a copy of the registration statement at the SEC’s public reference room in Washington, D.C., as well as through the SEC’s website at www.sec.gov.

INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE

The SEC’s rules allow us to “incorporate by reference” information into this prospectus, which means that we can disclose important information to you by referring you to another document filed separately with the SEC. The information incorporated by reference is deemed to be part of this prospectus, and subsequent information that we file with the SEC will automatically update and supersede that information. Any statement contained in this prospectus or a previously filed document incorporated by reference will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained in this prospectus or a subsequently filed document incorporated by reference modifies or replaces that statement.

This prospectus and any accompanying prospectus supplement incorporate by reference the documents set forth below that have previously been filed with the SEC (but excluding any information in such documents that has been furnished to, rather than filed with, the SEC):

Our Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as filed with the SEC on March 1, 2021;

Our Quarterly Report on Form 10-Q for the period ended March 31, 2021, as filed with the SEC on May 19, 2021;

Our Quarterly Report on Form 10-Q for the period ended June 30, 2021, as filed with the SEC on August 10, 2021;

our Current Reports on Form 8-K filed with the SEC on January 5, 2021January 19, 2021February 4, 2021, February 16, 2021April 27, 2021May 13, 2021June 14, 2021July 9, 2021July 21, 2021July 30, 2021, August 12, 2021August 16, 2021August 20, 2021August 26, 2021August 30, 2021; September 21, 2021; October 1, 2021, October 4, 2021, October 8, 2021 and October 22, 2021;

Our Definitive Information Statement on Schedule 14C filed on May 20, 2021;
Our Definitive Proxy/Written Consent Solicitation Statement on Schedule 14A filed on July 21, 2021;

the description of our common stock contained in our registration statement on Form S-1, filed with the SEC on June 9, 2021 (File No. 333-256947), and all amendments or reports filed for the purpose of updating such description.

All reports and other documents we subsequently file pursuant to Section 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), prior to the termination of this offering, including all such documents we may file with the SEC after the date of the initial registration statement and prior to the effectiveness of the registration statement, but excluding any information furnished to, rather than filed with, the SEC, will also be incorporated by reference into this prospectus and deemed to be part of this prospectus from the date of the filing of such reports and documents.

You may request a free copy of any of the documents incorporated by reference in this prospectus by writing or telephoning us at the following address:

Mawson Infrastructure Group Inc.

Chief Executive Officer

Level 5, 97 Pacific Highway, North Sydney NSW Australia 2060

+61 2 8624 6130

Exhibits to the filings will not be sent, however, unless those exhibits have specifically been incorporated by reference in this prospectus or any accompanying prospectus supplement.


PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

 

Item 14. Other expensesExpenses of issuanceIssuance and distributionDistribution.

 

The following table sets forth all costs and expenses, other than the underwriting discounts and commissions, payable by us in connection with this offering.the sale of the securities being registered hereunder. All of the amounts shown shall be paid by us and are estimates except for the SEC registration fee, and FINRA fee.which was previously paid.

 

SEC registration fee $79,755.92 
SEC Registration Fee $46,350.00 
FINRA filing fee  ** 
The Nasdaq Global Select Market supplemental listing fee  ** 
Printing expenses  ** 
Legal fees and expenses  ** 
Accounting fees and expenses  5,000.00*  ** 
Legal fees and expenses  15,000.00*
Blue Sky, qualification fees and expenses  ** 
Transfer agent fees and expenses  ** 
Trustee fees and expenses  ** 
Warrant agent fees and expenses  ** 
Miscellaneous  ** 
    
Total $99,755.92   ** 

 

**Estimated solely for purposesThe amount of securities and number of offerings are indeterminable and the expenses cannot be estimated at this Item. Actual expenses may vary.time.

 

Item 15. Indemnification of Directors and Officers.

 

As a corporation incorporated in the State of Delaware, we are subject to the Delaware General Corporation Law (“DGCL”). Section 102(b)(7) of the DGCL allows a corporation to provide in its certificate of incorporation that a director of the corporation will not be personally liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, except where the director breached the duty of loyalty, failed to act in good faith, engaged in intentional misconduct or knowingly violated a law, authorized the payment of a dividend or approved a stock repurchase in violation of Delaware corporate law or obtained an improper personal benefit. Our charter provides for this limitation of liability.

 

Section 145 of the DGCL (“Section 145”), provides, among other things, that a Delaware corporation may indemnify any person who was, is or is threatened to be made, party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of such corporation), by reason of the fact that such person is or was an officer, director, employee or agent of such corporation or is or was serving at the request of such corporation as a director, officer, employee or agent of another corporation or enterprise. The indemnity may include expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding, provided such person acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the corporation’s best interests and, with respect to any criminal action or proceeding, had no reasonable cause to believe that his or her conduct was unlawful. A Delaware corporation may indemnify any persons who were or are a party to any threatened, pending or completed action or suit by or in the right of the corporation by reason of the fact that such person is or was a director, officer, employee or agent of another corporation or enterprise. The indemnity may include expenses (including attorneys’ fees) actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit, provided such person acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the corporation’s best interests, provided further that no indemnification is permitted without judicial approval if the officer, director, employee or agent is adjudged to be liable to the corporation. Where an officer or director is successful on the merits or otherwise in the defense of any action referred to above, the corporation must indemnify him or her against the expenses (including attorneys’ fees) which such officer or director has actually and reasonably incurred.

 

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Section 145 further authorizes a corporation to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation or enterprise, against any liability asserted against such person and incurred by such person in any such capacity, or arising out of his or her status as such, whether or not the corporation would otherwise have the power to indemnify such person under Section 145.

 

Our charter and bylaws provide that we must indemnify and advance expenses to our directors and officers to the full extent authorized by the DGCL.

 

We entered into indemnification agreements with our directors and officers pursuant to which we agreed to indemnify each director and officer for any liability he or she may incur by reason of the fact that he or she serves as our director or officer, to the maximum extent permitted by law.

 

We expect to maintain standard policies of insurance that provide coverage (1) to our directors and officers against loss arising from claims made by reason of breach of duty or other wrongful act as defined in the policy and (2) to us with respect to indemnification payments that we may make to such directors and officers.

 

The indemnification rights set forth above shall not be exclusive of any other right which an indemnified person may have or hereafter acquire under any statute, any provision of our charter, bylaws, agreement, vote of stockholders or disinterested directors or otherwise. Notwithstanding the foregoing, we shall not be obligated to indemnify a director or officer in respect of a proceeding (or part thereof) instituted by such director or officer, unless such proceeding (or part thereof) has been authorized by our Board pursuant to the applicable procedure outlined in our bylaws.

 

Section 174 of the DGCL provides, among other things, that a director, who willfully or negligently approves of an unlawful payment of dividends or an unlawful stock purchase or redemption, may be held jointly and severally liable for such actions. A director who was either absent when the unlawful actions were approved or dissented at the time may avoid liability by causing his or her dissent to such actions to be entered in the books containing the minutes of the meetings of the board of directors at the time such action occurred or immediately after such absent director receives notice of the unlawful acts.

 

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Item 16. Exhibits.

 

See the Exhibit Index attached to this registration statement and incorporated herein by reference.EXHIBIT INDEX

 

Exhibit NumberExhibit
1.1*Form of Underwriting/Placement Agency Agreement
3.1Certificate of Incorporation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on April 5, 2012)
3.2Certificate of Amendment to Certificate of Incorporation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on July 18, 2013)
3.3Certificate of Amendment to Certificate of Incorporation dated November 15, 2017 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on November 21, 2017)
3.4Certificate of Amendment to Certificate of Incorporation dated March 1, 2018 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on March 5, 2018)
3.5Certificate of Amendment to Certificate of Incorporation dated March 17, 2021 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on March 23, 2021)
3.6Certificate of Amendment to Certificate of Incorporation dated June 9, 2021 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on June 14, 2021)
3.7Certificate of Amendment to Certificate of Incorporation dated August 11, 2021 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on August 16, 2021)
3.8Form of Series A Certificate of Designation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on October 23, 2018)
3.9Form of Series B Certificate of Designation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on January 15, 2020)
3.10Bylaws (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on May 10, 2013)
4.1+Form of Indenture
4.2*Form of Warrant
4.3*Form of Warrant Agreement
4.4*Form of Unit Agreement
5.1+Opinion of Sheppard, Mullin, Richter & Hampton LLP
23.1+Consent of LNP Audit and Assurance International Pty Ltd
23.2+Consent of Sheppard, Mullin, Richter & Hampton LLP (contained in Exhibit 5.1)
24.1+Power of Attorney (included on signature page)
25.l†Form T-l Statement of Eligibility and Qualification of the Trustee under the Indenture with respect to the debt securities
107+Calculation of Filing Fee Tables

+Filed herewith.

*To be filed by amendment hereto or pursuant to a Current Report on Form 8-K to be incorporated herein by reference.

To be filed by amendment or pursuant to Trust Indenture Act Section 305(b)(2), if applicable

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Item 17. Undertakings.

 

(a) The undersigned registrant hereby undertakes:

 

(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

 

(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;

 

(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or any decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and

 

(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

 

Provided, however, that paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to section 13 or section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is a part of the registration statement.

 

(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

 

(4) That, for the purpose of determining liability under the Securities Act to any purchaser:

 

(i) Each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and

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(ii) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by section 10(a) of the Securities Act shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.

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(5) That, for the purpose of determining liability of the registrant under the Securities Act to any purchaser in the initial distribution of the securities, in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

 

(i) Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

 

(ii) Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;

 

(iii) The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and

  

(iv) Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.

 

(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan’s annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

 

(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrants pursuant to the foregoing provisions described in Item 15, or otherwise, the registrants have been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrants of expenses incurred or paid by a director, officer or controlling person of any registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, each appropriate registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

 

(d) The undersigned registrants hereby undertake to file an application for the purpose of determining the eligibility of the trustee to act under subsection (a) of section 310 of the Trust Indenture Act in accordance with the rules and regulations prescribed by the Commission under section 305(b)(2) of the Trust Indenture Act.

 

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EXHIBIT INDEXSIGNATURES

 

Exhibit NumberExhibit
3.1Certificate of Incorporation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on April 5, 2012)
3.2Certificate of Amendment to Certificate of Incorporation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on July 18, 2013)
3.3Certificate of Amendment to Certificate of Incorporation dated November 15, 2017 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on November 21, 2017)
3.4Certificate of Amendment to Certificate of Incorporation dated March 1, 2018 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on March 5, 2018)
3.5Form of Series A Certificate of Designation (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on October 23, 2018)
3.6Bylaws (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on May 10, 2013)
3.7Certificate of Amendment to Certificate of Incorporation (Incorporated by reference to Exhibit 3.1 of the Company’s Current Report on Form 8-K filed with the SEC on March 23, 2021.
3.8Certificate of Amendment to Certificate of Incorporation (Incorporated by reference to Annex A of the Company’s Definitive Proxy/Written Consent Solicitation Statement on Schedule 14A filed with the SEC on July 21, 2021.
3.9+Form of Warrant
5.1+Opinion of Dentons US LLP
10.1Form of Securities Purchase Agreement dated August 6, 2021, filed as Exhibit 10.1 to our Quarterly Report on Form 10-Q for the period ended June 30, 2021 and incorporated herein by reference
10.2Deed of Amendment, dated January 18, 2021, of the Bid Implementation Agreement between Wize Pharma, Inc. and Cosmos Capital Limited, dated December 30, 2020 (Incorporated by reference to Company’s Current Report on Form 8-K filed with the SEC on January 19, 2021)
23.1+Consent of LNP Audit and Assurance Pty Ltd.
23.2+Consent of Dentons US LLP (contained in Exhibit 5.1)
24.1+Power of Attorney (included on signature page)

+     Filed herewith.

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of North Sydney, Australia on the 28th1st day of October, 2021.April, 2022.

 

 MAWSON INFRASTRUCTURE GROUP INC.
  
 By:/s/ James Manning
  Name: James Manning
  Title:Chief Executive Officer

 

POWERS OF ATTORNEY

 

Each of the undersigned officers and directors of Mawson Infrastructure Group Inc., a Delaware corporation, hereby constitutes and appoints James Manning and Hetal Majithia and each of them, severally, as his or her attorney-in-fact and agent, with full power of substitution and re-substitution, in his or her name and on his or her behalf, to sign in any and all capacities this registration statement and any and all amendments (including post-effective amendments) and exhibits to this registration statement and any and all applications and other documents relating thereto, with the Securities and Exchange Commission, with full power and authority to perform and do any and all acts and things whatsoever which any such attorney or substitute may deem necessary or advisable to be performed or done in connection with any or all of the above described matters, as fully as each of the undersigned could do if personally present and acting, hereby ratifying and approving all acts of any such attorney or substitute.

 

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

 

Signature Title Date
     
/s/ James Manning Chief Executive Officer and Director October 28, 2021April 1, 2022
James Manning    
     
/s/ Hetal Majithia Chief Financial Officer  October 28, 2021

April 1, 2022

Hetal Majithia    
     
/s/ Michael Hughes Director October 28, 2021

April 1, 2022

Michael Hughes    
     
/s/ Gregory Martin Director October 28, 2021

April 1, 2022

Gregory Martin    
     
/s/ Yossi Keret Director October 28, 2021

April 1, 2022

Yossi Keret

    

 

 

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