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
Checked on September 21, 2026. The cited source supports every part of this claim.
The 8-K establishes the agreement date, the $750 million ceiling, the multiple sales agents, the ATM structure, and the 3.0% commission.
Confirmed in the source:
- Riot entered into a Controlled Equity Offering Sales Agreement dated August 9, 2023
- The agreement allows offering and selling common stock with an aggregate initial offering price of up to $750,000,000
- Sales are made through multiple Sales Agents
- Sales are made as an at-the-market offering
- Riot will pay the Sales Agents a commission of up to 3.0% of the gross sales price of shares sold
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000116741923000021/riot-20230809x8k.htm) in full (12,942 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
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”