ATLANTA, GA – – (Globe Newswire – October 8, 2024) – – A shareholder class action lawsuit has been filed against Iris Energy Limited (“Iris Energy” or “the Company”) (NASDAQ: IREN). The lawsuit alleges that Defendants misrepresented and/or failed to disclose adverse facts pertaining to the Company’s business, operations and prospects, which were known to Defendants or recklessly disregarded by them. Specifically, the complaint alleges Defendants overstated Iris Energy’s prospects with data centers and high performance computing, in large part as a result of material deficiencies in Iris Energy’s Childress County, Texas site.

If you bought shares of Iris Energy between June 20, 2023 and July 11, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/iris-energy/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is December 6, 2024.