Hut 8 arrangement exchange ratio
Company: Hut 8
The claim, verbatim
Hut 8 shareholders to receive 0.2000 shares of New Hut common stock per Hut 8 share, effecting 5:1 consolidation
Source (primary)
Hut 8 S-4/A filed 2023-06-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “each common share of Hut Amalco will be exchanged for 0.2000 of a share of New Hut common stock, which will effectively result in a consolidation of the common shares of Hut 8 on a five to one (5 to 1) basis”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the 0.2000 exchange ratio and describes it as effecting a 5:1 consolidation.
Confirmed in the source:
- Each Hut 8 share is exchanged for 0.2000 of a share of New Hut common stock
- This effectively results in a five-to-one (5:1) consolidation of Hut 8 shares
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923070494/tm235928-8_s4a.htm) in full (1,355,630 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 S-4/A filed 2023-06-13
Quote: “each common share of Hut Amalco will be exchanged for 0.2000 of a share of New Hut common stock, which will effectively result in a consolidation of the common shares of Hut 8 on a five to one (5 to 1) basis”