Controlled Equity Offering Sales Agreement
Company: Riot
The claim, verbatim
Entered into a Controlled Equity Offering Sales Agreement dated August 9, 2023, to offer and sell up to $750,000,000 aggregate initial offering price of common stock through multiple sales agents in at-the-market offerings, with sales agents receiving up to 3.0% commission on gross sales price
Source (primary)
Riot 8-K filed 2023-08-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Pursuant to the Sales Agreement, we may offer and sell, at our option, an indeterminate number of shares of our common stock, no par value per share (the " Placement Shares "), having an aggregate initial offering price of up to $750,000,000... We will pay the Sales Agents a commission of up to 3.0% of the gross sales price of the shares of the Placement Shares sold under the Sales Agreement”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot 8-K filed 2023-08-09
Quote: “Pursuant to the Sales Agreement, we may offer and sell, at our option, an indeterminate number of shares of our common stock, no par value per share (the " Placement Shares "), having an aggregate initial offering price of up to $750,000,000... We will pay the Sales Agents a commission of up to 3.0% of the gross sales price of the shares of the Placement Shares sold under the Sales Agreement”