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USBTC merger exchange ratio

Company: Hut 8

Subject kind
acquisition
Statement date
2023-06-12
Promised amount
0.6716 shares per share
Current status
stated

The claim, verbatim

USBTC shareholders to receive 0.6716 shares of New Hut common stock per USBTC share; approximately 44,231,514 New Hut shares to be issued

Source (primary)

Hut 8 S-4/A filed 2023-06-13 (SEC EDGAR, sec_filing)
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Quote: “each share of Series A Preferred, Series B Preferred, Series B-1 Preferred and USBTC common stock being exchanged for 0.6716 of a share of New Hut common stock”

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 Hut 8 S-4/A filed 2023-06-13

Quote: “each share of Series A Preferred, Series B Preferred, Series B-1 Preferred and USBTC common stock being exchanged for 0.6716 of a share of New Hut common stock”

View cached copy (2026-09-13)Live source ↗