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Business Combination with USBTC

Company: Hut 8

Subject kind
acquisition
Statement date
2023-04-17
Promised amount
0.6716 shares
Current status
stated

The claim, verbatim

Each share of USBTC capital stock will be exchanged for 0.6716 shares of New Hut common stock

Source (primary)

Hut 8 S-4/A filed 2023-04-18 (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 in a merger”

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 2023-04-18

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 in a merger”

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