| 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,
PENNSYLVANIA
, 15059. |
| Item 2. | Identity and Background |
|
| (a) | i) Endeavor Blockchain, LLC
ii) Joshua Kilgore
iii) Cody Smith
iv) PM Squared, LLC
(Together, the "Reporting Persons")
Each of the Reporting Persons is a party to that certain Joint Filing Agreement, as further described in Item 6. Accordingly, the Reporting Persons are hereby filing a joint Amendment No 1 to Schedule 13D. |
| (b) | i) and ii) Endeavour Blockchain, LLC and Joshua Kilgore: 5701 Euper Lane, Suite A, Fort Smith, Arkansas 72903
iii) Cody Smith: 3801 Bent Elm Ln., Forth Worth,, TX
iv) PM Squared, LLC: 6050 Southwest Blvd, Suite 150 Fort Worth, TX 76109 |
| (c) | Each of the Reporting Persons are engaged in the business of investment. See Item 2(a). |
| (d) | The Reporting Persons have not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | The Reporting Persons have not, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | i) Arkansas
ii) United States
iii) United States
iv) Texas |
| Item 3. | Source and Amount of Funds or Other Consideration |
| | i) WC
ii) PF
iii) PF
iv) WC |
| 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 intend to engage with the Issuer's management and Board of Directors regarding opportunities for value creation. No Reporting Person has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of Schedule 13D. |
| Item 5. | Interest in Securities of the Issuer |
| (a) | The percentages used in this Amendment No. 1 to Schedule 13D are based upon 3,304,639 Shares outstanding, as of December 16, 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 in November 2025.
See rows (11) and (13) of the cover pages to this Amendment No. 1 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 December 26, 2025. The filing of this Amendment No. 1 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: 1,345,297
Total aggregate percentage of class owned by Reporting Persons: 40.7% |
| (b) | See rows (7) through (10) of the cover pages to this Amendment No. 1 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 10,000 shares of the Issuer's common stock on January 6, 2026, at an average weighted purchase price of $4.52 per share, for a total purchase price of $45,218.60. Purchase of 100,000 shares of the Issuer's common stock on January 7, 2026, at an average weighted price of $4.52 per share, for a total purchase price of $452,153.50. Purchase of 160,000 shares of the Issuer's common stock on January 9, 2026, at an average weighted price of $4.56 per share, for a total purchase price of $730,051.70.
ii) None
iii) Purchase of 10,000 shares of the Issuer's common stock on December 26, 2025, at an average weighted price of $4.39 per share, for a total purchase price of $43,879.83. Purchase of 10,000 shares of the Issuer's common stock on January 6, 2026, at an average weighted price of $4.46 per share, for a total purchase price of $44,614.80. Purchase of 22,018 shares of the Issuer's common stock on January 12, 2026, at an average weighted price of $4.54 per share, for a total purchase price of $99,947.69.
iv) None |
| (d) | Not applicable |
| (e) | Not applicable |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| | The Joint Filing Agreement entered into by the Reporting Persons as of January 6, 2026, and attached as Exhibit 99.1 to Amendment No. 1 to Schedule 13D is incorporated herein by reference. |
