# EDGAR Filing Document

**Accession Number:** 0002101945
**File Stem:** 0000912282-26-000140
**Filing Date:** 2026-1
**Character Count:** 25983
**Document Hash:** c36499ebdb3259af20ba67b0b06ba04c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000912282-26-000140.hdr.sgml**: 20260126

**ACCESSION NUMBER**: 0000912282-26-000140

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260126

**DATE AS OF CHANGE**: 20260126

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mawson Infrastructure Group Inc.
- **CENTRAL INDEX KEY:** 0001218683
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 880445167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-82946
- **FILM NUMBER:** 26561749

**BUSINESS ADDRESS:**
- **STREET 1:** 950 RAILROAD AVE
- **CITY:** MIDLAND
- **STATE:** PA
- **ZIP:** 15059
- **BUSINESS PHONE:** (412) 515-0896

**MAIL ADDRESS:**
- **STREET 1:** 950 RAILROAD AVE
- **CITY:** MIDLAND
- **STATE:** PA
- **ZIP:** 15059

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Wize Pharma, Inc.
- **DATE OF NAME CHANGE:** 20171120

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** OphthaliX, Inc.
- **DATE OF NAME CHANGE:** 20120207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DENALI CONCRETE MANAGEMENT INC
- **DATE OF NAME CHANGE:** 20030213
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Endeavor Blockchain, LLC
- **CENTRAL INDEX KEY:** 0002101945

**ORGANIZATION NAME:**
- **EIN:** 863971331
- **STATE OF INCORPORATION:** AR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 5701 EUPER LANE
- **STREET 2:** SUITE A
- **CITY:** FORT SMITH
- **STATE:** AR
- **ZIP:** 72903
- **BUSINESS PHONE:** 479-420-8957

**MAIL ADDRESS:**
- **STREET 1:** 5701 EUPER LANE
- **STREET 2:** SUITE A
- **CITY:** FORT SMITH
- **STATE:** AR
- **ZIP:** 72903

## Exhibit 99.2

**EXHIBIT 99.2**

**<u>Item 5(c)</u>**

The Reporting Persons' transactions in the Shares prior to December 22, 2025, the date on which the original Schedule 13D was filed, are listed below.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp; **Name of Reporting Person**  | &nbsp;&nbsp; **Date of Purchase**  | &nbsp;&nbsp; **Number of Shares Purchased**<sup>(1)</sup>  | &nbsp;&nbsp; **Purchase Price**  | &nbsp;&nbsp; **Total Beneficial Ownership**<sup>(1)</sup>  | &nbsp;&nbsp; **Percentage of Outstanding Shares as Reported on 11.14.25**<sup>(2)</sup>  | &nbsp;&nbsp; **Percentage of Outstanding Shares as Reported on 12.17.25**<sup>(3)</sup>  |
| &nbsp;&nbsp; **Endeavor Blockchain, LLC**  |  |  |  |  |  |  |
|  | &nbsp;&nbsp; 11/13/2025  | &nbsp;&nbsp; 12000  | &nbsp;&nbsp; AWP 12.67 (range of $12.00 to $13.20) <br> Total $152,000.40  | &nbsp;&nbsp; 12000  | &nbsp;&nbsp; 1.0%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 11/24/2025  | &nbsp;&nbsp; 81914  | &nbsp;&nbsp; AWP $5.42 (range of $4.95 to $7.20) <br> Total $707,046.10  | &nbsp;&nbsp; 93914  | &nbsp;&nbsp; 8.2%  | &nbsp;&nbsp; 2.8%  |
|  | &nbsp;&nbsp; 11/25/2025  | &nbsp;&nbsp; 56086  | &nbsp;&nbsp; AWP $4.88<br>(Range of $4.72 to $5.66) <br> Total $273,524.10  | &nbsp;&nbsp; 150000  | &nbsp;&nbsp; 13.1%  | &nbsp;&nbsp; 4.5%  |
|  | &nbsp;&nbsp; 11/26/2025  | &nbsp;&nbsp; 50000  | &nbsp;&nbsp; AWP $3.99 (range of $4.62 to $5.30) <br> Total $252,874.10  | &nbsp;&nbsp; 200000  | &nbsp;&nbsp; 17.5%  | &nbsp;&nbsp; 6.1%  |
|  | &nbsp;&nbsp; 11/28/2025  | &nbsp;&nbsp; 1000  | &nbsp;&nbsp; $5.23 <br> Total $5,230.00  | &nbsp;&nbsp; 201000  | &nbsp;&nbsp; 17.6%  | &nbsp;&nbsp; 6.1%  |
|  | &nbsp;&nbsp; 12/1/2025  | &nbsp;&nbsp; 29000  | &nbsp;&nbsp; AWP $4.83 (range of $4.59 to $4.99) <br> Total $140,026.00  | &nbsp;&nbsp; 230000  | &nbsp;&nbsp; 20.1%  | &nbsp;&nbsp; 7.0%  |
|  | &nbsp;&nbsp; 12/2/2025  | &nbsp;&nbsp; 17150  | &nbsp;&nbsp; AWP $4.90 (range of $4.70 to $5.36) <br> Total $84,087.13  | &nbsp;&nbsp; 247150  | &nbsp;&nbsp; 21.6%  | &nbsp;&nbsp; 7.5%  |
|  | &nbsp;&nbsp; 12/3/2025  | &nbsp;&nbsp; 52850  | &nbsp;&nbsp; AWP $4.85 (range of $4.71 to $5.18) <br> Total $256,754.50  | &nbsp;&nbsp; 300000  | &nbsp;&nbsp; 26.2%  | &nbsp;&nbsp; 9.1%  |
|  | &nbsp;&nbsp; 12/5/2025  | &nbsp;&nbsp; 99811  | &nbsp;&nbsp; AWP $4.41 (range of $4.04 to $5.11) <br> Total $440,374.40  | &nbsp;&nbsp; 399811  | &nbsp;&nbsp; 35.0%  | &nbsp;&nbsp; 12.1%  |
|  | &nbsp;&nbsp; 12/8/2025  | &nbsp;&nbsp; 50189  | &nbsp;&nbsp; AWP $4.37 (range of $4.26 to $4.60) <br> Total $219,443.40  | &nbsp;&nbsp; 450000  | &nbsp;&nbsp; 39.4%  | &nbsp;&nbsp; 13.6%  |
|  | &nbsp;&nbsp; 12/9/2025  | &nbsp;&nbsp; 70000  | &nbsp;&nbsp; AWP $4.74 (range of $4.24 to $5.02) <br> Total $331,530.90  | &nbsp;&nbsp; 520000  | &nbsp;&nbsp; 45.5%  | &nbsp;&nbsp; 15.7%  |
|  | &nbsp;&nbsp; 12/10/2025  | &nbsp;&nbsp; 105000  | &nbsp;&nbsp; AWP $6.01 (range of $4.85 to $6.88) <br> Total $631,283.70  | &nbsp;&nbsp; 625000  | &nbsp;&nbsp; 54.7%  | &nbsp;&nbsp; 18.9%  |
|  | &nbsp;&nbsp; 12/11/2025  | &nbsp;&nbsp; 122000  | &nbsp;&nbsp; AWP $8.38 (range of $5.59 to $9.94) <br> Total $1,022,943.69  | &nbsp;&nbsp; 747000  | &nbsp;&nbsp; 65.3%  | &nbsp;&nbsp; 22.6%  |
|  | &nbsp;&nbsp; 12/12/2025  | &nbsp;&nbsp; 98000  | &nbsp;&nbsp; AWP $5.37 (range of $5.11 to $5.51) <br> Total $525,824.98  | &nbsp;&nbsp; 845000  | &nbsp;&nbsp; 73.9%  | &nbsp;&nbsp; 25.6%  |
|  | &nbsp;&nbsp; 12/15/2025  | &nbsp;&nbsp; 50000  | &nbsp;&nbsp; AWP $4.31 (range of $4.10 to $4.80) <br> Total $215,449.12  | &nbsp;&nbsp; 895000  | &nbsp;&nbsp; 78.3%  | &nbsp;&nbsp; 27.1%  |
|  | &nbsp;&nbsp; 12/16/2025  | &nbsp;&nbsp; 20000  | &nbsp;&nbsp; AWP $4.07 (range of $4.06 to $4.12) <br> Total $81,450.00  | &nbsp;&nbsp; 915000  | &nbsp;&nbsp; 80.0%  | &nbsp;&nbsp; 27.7%  |
| &nbsp;&nbsp; **Joshua Kilgore**  |  |  |  |  |  |  |
|  | &nbsp;&nbsp; 11/21/2025  | &nbsp;&nbsp; 1  | &nbsp;&nbsp; $4.76  | &nbsp;&nbsp; 1  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 11/25/2025  | &nbsp;&nbsp; 6999 <br>| &nbsp;&nbsp; $5.55 AWP (range of $4.70 to $6.00)  | &nbsp;&nbsp; 7000  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/3/2025  | &nbsp;&nbsp; 1000  | &nbsp;&nbsp; $4.89  | &nbsp;&nbsp; 8000  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
| &nbsp;&nbsp; **Cody Smith**  |  |  |  |  |  |  |
|  | &nbsp;&nbsp; 11/28/2025  | &nbsp;&nbsp; 5000  | &nbsp;&nbsp; $5.18  | &nbsp;&nbsp; 5000  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/3/2025  | &nbsp;&nbsp; 5982  | &nbsp;&nbsp; $4.79 AWP (range of $$4.77 to $4.83)  | &nbsp;&nbsp; 10982  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/5/2025  | &nbsp;&nbsp; 10000  | &nbsp;&nbsp; $4.20  | &nbsp;&nbsp; 20982  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/11/2025  | &nbsp;&nbsp; 2000  | &nbsp;&nbsp; $12.00  | &nbsp;&nbsp; 22982  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/15/2025  | &nbsp;&nbsp; 10000  | &nbsp;&nbsp; $4.60  | &nbsp;&nbsp; 32982  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
| &nbsp;&nbsp; **PM Squared, LLC**  |  |  |  |  |  |  |
|  | &nbsp;&nbsp; 12/2/2025  | &nbsp;&nbsp; 1449  | &nbsp;&nbsp; $4.91  | &nbsp;&nbsp; 1449  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/5/2025  | &nbsp;&nbsp; 380  | &nbsp;&nbsp; $4.20  | &nbsp;&nbsp; 1829  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/8/2025  | &nbsp;&nbsp; 112  | &nbsp;&nbsp; $4.45  | &nbsp;&nbsp; 1941  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/9/2025  | &nbsp;&nbsp; 106  | &nbsp;&nbsp; $4.68  | &nbsp;&nbsp; 2047  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/10/2025  | &nbsp;&nbsp; 5  | &nbsp;&nbsp; $4.94  | &nbsp;&nbsp; 2052  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |
|  | &nbsp;&nbsp; 12/16/2025  | &nbsp;&nbsp; 245  | &nbsp;&nbsp; $4.03  | &nbsp;&nbsp; 2297  | &nbsp;&nbsp; <1%  | &nbsp;&nbsp; <1%  |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; **Date**  | &nbsp;&nbsp; **Cumulative Number of Shares Owned by Group**<sup>(1)</sup>  | &nbsp;&nbsp; **Cumulative Percentage of Shares Outstanding as Reported on 11.14.25** <sup>(2)</sup>  | &nbsp;&nbsp; **Cumulative Percentage of Shares Outstanding as Reported on 12.17.25** <sup>(3)</sup>  |
| &nbsp;&nbsp; 11/24/2025  | &nbsp;&nbsp; 93915  | &nbsp;&nbsp; 8.2%  | &nbsp;&nbsp; <5%  |
| &nbsp;&nbsp; 11/25/2025  | &nbsp;&nbsp; 157000  | &nbsp;&nbsp; 13.7%  | &nbsp;&nbsp; <5%  |
| &nbsp;&nbsp; 11/26/2025  | &nbsp;&nbsp; 207000  | &nbsp;&nbsp; 18.1%  | &nbsp;&nbsp; 6.3%  |
| &nbsp;&nbsp; 11/28/2025  | &nbsp;&nbsp; 213000  | &nbsp;&nbsp; 18.6%  | &nbsp;&nbsp; 6.4%  |
| &nbsp;&nbsp; 12/01/2025  | &nbsp;&nbsp; 242000  | &nbsp;&nbsp; 21.2%  | &nbsp;&nbsp; 7.3%  |
| &nbsp;&nbsp; 12/02/2025  | &nbsp;&nbsp; 260599  | &nbsp;&nbsp; 22.8%  | &nbsp;&nbsp; 7.9%  |
| &nbsp;&nbsp; 12/03/2025  | &nbsp;&nbsp; 320431  | &nbsp;&nbsp; 28.0%  | &nbsp;&nbsp; 9.7%  |
| &nbsp;&nbsp; 12/05/2025  | &nbsp;&nbsp; 430622  | &nbsp;&nbsp; 37.7%  | &nbsp;&nbsp; 13.0%  |
| &nbsp;&nbsp; 12/08/2026  | &nbsp;&nbsp; 480923  | &nbsp;&nbsp; 42.1%  | &nbsp;&nbsp; 14.6%  |
| &nbsp;&nbsp; 12/09/2025  | &nbsp;&nbsp; 530047  | &nbsp;&nbsp; 46.4%  | &nbsp;&nbsp; 16.0%  |
| &nbsp;&nbsp; 12/10/2025  | &nbsp;&nbsp; 656034  | &nbsp;&nbsp; 57.4%  | &nbsp;&nbsp; 19.9%  |
| &nbsp;&nbsp; 12/11/2025  | &nbsp;&nbsp; 780034  | &nbsp;&nbsp; 68.2%  | &nbsp;&nbsp; 23.6%  |
| &nbsp;&nbsp; 12/12/2025  | &nbsp;&nbsp; 878034  | &nbsp;&nbsp; 76.8%  | &nbsp;&nbsp; 26.6%  |
| &nbsp;&nbsp; 12/15/2026  | &nbsp;&nbsp; 938034  | &nbsp;&nbsp; 82.0%  | &nbsp;&nbsp; 28.4%  |
| &nbsp;&nbsp; 12/16/2025  | &nbsp;&nbsp; 958279  | &nbsp;&nbsp; 83.8%  | &nbsp;&nbsp; 29.0%  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(1) Issuer's 1:20 reverse stock split was effective November 20, 2025. All Shares are presented on a post-split basis.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(2) Assumes that total Shares outstanding is 1,143,260 based on Issuer's Form 10-Q filed November 14, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(3) Assumes that total Shares outstanding is 3,304,639 based on Issuer's Form 10-Q filed November 14, 2025, and Form 8-K filed December 17, 2025.

4912-4077-9381\1

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 4)**

**Mawson Infrastructure Group Inc.**

*(Name of Issuer)*

**Common Stock, $0.001 par value**

*(Title of Class of Securities)*

**57778N307**

*(CUSIP Number)*

**Joshua Kilgore**<br>5701 Euper Lane, Ste A<br>Fort Smith AR 72903<br>479-420-8957

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**01/26/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **57778N307** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Endeavor Blockchain, LLC** | Name of reporting person<br>**Endeavor Blockchain, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ARKANSAS** | Citizenship or place of organization<br>**ARKANSAS** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**1460000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**1460000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**1460000.00** | Aggregate amount beneficially owned by each reporting person<br>**1460000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**44.2%** | Percent of class represented by amount in Row (11)<br>**44.2%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Endeavor Blockchain, LLC is 100% owned Joshua Kilgore, the managing member.

| **CUSIP No.** | **57778N307** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Joshua Kilgore** | Name of reporting person<br>**Joshua Kilgore** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**8000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**8000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**8000.00** | Aggregate amount beneficially owned by each reporting person<br>**8000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.2%** | Percent of class represented by amount in Row (11)<br>**0.2%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **57778N307** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Cody Smith** | Name of reporting person<br>**Cody Smith** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**PF** | Source of funds (See Instructions)<br>**PF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**75000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**75000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**75000.00** | Aggregate amount beneficially owned by each reporting person<br>**75000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**2.3%** | Percent of class represented by amount in Row (11)<br>**2.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

| **CUSIP No.** | **57778N307** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**PM Squared, LLC** | Name of reporting person<br>**PM Squared, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**TEXAS** | Citizenship or place of organization<br>**TEXAS** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**2297.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**2297.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**2297.00** | Aggregate amount beneficially owned by each reporting person<br>**2297.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**0.1%** | Percent of class represented by amount in Row (11)<br>**0.1%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

**Comment for Reporting Person:** PM Squared, LLC is 100% owned by Phil Stanley, the managing member.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.001 par value

**(b) Name of Issuer:**
Mawson Infrastructure Group Inc.

**(c) Address of Issuer's Principal Executive Offices:**
950 RAILROAD AVE, MIDLAND, PA, 15059

**Item 4. Purpose of Transaction**

The Reporting Persons purchased the common shares (the "Shares") of Mawson Infrastructure Group, Inc. (the "Issuer") based on the Reporting Persons' belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Shares at prices that would make the purchase or sale of Shares desirable, the Reporting Persons may endeavor to increase or decrease their position in the Issuer through, among other things, the purchase or sale of Shares on the open market or in private transactions or otherwise, on such terms and at such times as the Reporting Persons may deem advisable. The Reporting Persons have attempted to engage with the Issuer's management and Board of Directors regarding opportunities for value creation and strategic partnership.
These attempts have included invitations to the Issuer's Board to discuss:
- The Reporting Persons' analysis of the Issuer's capital structure;
- Long-term strategic support for the Issuer from the Reporting Persons and Big Digital Energy LLC ("BDE"), a subsidiary of Endeavor Blockchain, LLC;
- A potential tender offer that would provide Issuer stockholders who wish to exit a cash premium to the trading price for a portion of the outstanding shares; and
- Additional equity capital, including via the issuance of preferred securities, to address near-term obligations and fund future growth.
If pursued, and subject to further evaluation, negotiation, financing, regulatory considerations, and approvals, these discussions could result in the Reporting Persons owning a majority of the outstanding Shares and appointing a majority of members to the Board of Directors, recapitalization of the Issuer, and related amendments to the Issuer's charter documents establishing, among other terms, the rights and obligations of any holders of newly issued equity.
The Reporting Persons may engage in discussions with stockholders of the Issuer or other third parties about these matters. Any potential tender offer referenced herein remains preliminary and subject to further evaluation, and no tender offer has been commenced, planned, or authorized as of the date of this Schedule 13D. There are no agreements, arrangements, or understandings currently in place with respect to any such transactions.
The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, the price levels of the Shares, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future take such actions with respect to their investment in the Issuer as they deem appropriate including, without limitation, engaging in communications with management and the Board of Directors of the Issuer, engaging in discussions with stockholders of the Issuer or other third parties about the Issuer and the Reporting Persons' investment, including potential business combinations or dispositions involving the Issuer or certain of its businesses, making recommendations or proposals to the Issuer concerning changes to the capitalization, ownership structure, board structure (including board composition), potential business combinations or dispositions involving the Issuer or certain of its business, or suggestions for improving the Issuer's financial and/or operational performance, purchasing additional Shares, selling some or all of their Shares, engaging in short selling of or any hedging or similar transaction with respect to the Shares, including swaps and other derivative instruments, or changing their intention with respect to any and all matters referred to in Item 4.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Except as otherwise noted, the percentages used in this Amendment No. 4 to Schedule 13D are based upon 3,304,639 Shares outstanding as of December 17, 2025, as reported in the Issuer's Quarterly Report filed on November 14, 2025, and the Issuer's Current Report filed on December 17, 2025.  All Shares are reported post 1 to 20 reverse stock split effective November 20, 2025.
See rows (11) and (13) of the cover pages to this Amendment No. 4 to Schedule 13D for the aggregate number of Shares and percentage of the Shares beneficially owned by each of the Reporting Persons as of the close of business on January 26, 2026.  The filing of this Amendment No. 4 to Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any securities of the Issuer that he or it does not directly own.  Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.
Total aggregate shares owned by Reporting Persons: 1,545,297 as of January 26, 2026
Total aggregate percentage of class owned by Reporting Persons: 46.8% as of January 26, 2026.

**(b)**
See rows (7) through (10) of the cover pages to this Amendment No. 4 to Schedule 13D for the number of Shares as to which each Reporting Person has the sole or shared power to vote or direct the vote and the sole or shared power to dispose or to direct the disposition.

**(c)**
i) Purchase of 60,000 Shares by Endeavor Blockchain, LLC on January 26, 2026, at an average weighted price of $4.84 per share (with a range of $4.50 to $5.00) through open-market purchases.ii)   Noneiii)  Noneiv)  None

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Joint Filing Agreement dated January 6, 2026

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Endeavor Blockchain, LLC

**Signature:** Joshua Kilgore

**Name/Title:** Managing Member

**Date:** 01/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Joshua Kilgore

**Signature:** Joshua Kilgore

**Name/Title:** Individual

**Date:** 01/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Cody Smith

**Signature:** Cody Smith

**Name/Title:** Individual

**Date:** 01/26/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** PM Squared, LLC

**Signature:** Phil Stanley

**Name/Title:** Managing Member

**Date:** 01/26/2025