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Business Combination Agreement with USBTC

Company: Hut 8

Subject kind
acquisition
Statement date
2023-02-12
Promised amount
44231514.0 shares
Current status
stated

The claim, verbatim

Hut 8 Mining Corp. entered into a Business Combination Agreement dated February 6, 2023 with U.S. Data Mining Group, Inc. (USBTC) and New Hut Corp., whereby 44,231,514 shares of New Hut common stock will be issued in the merger.

Source (primary)

Hut 8 S-4 filed 2023-02-13 (SEC EDGAR, sec_filing)
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Quote: “Business Combination Agreement dated February 6, 2023, by and among Hut 8 Mining Corp., a corporation existing under the laws of British Columbia ("Hut 8"), USBTC and New Hut (the "Business Combination Agreement") ... 44,231,514 SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE TO BE ISSUED IN CONNECTION WITH THE PROPOSED 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 filed 2023-02-13

Quote: “Business Combination Agreement dated February 6, 2023, by and among Hut 8 Mining Corp., a corporation existing under the laws of British Columbia ("Hut 8"), USBTC and New Hut (the "Business Combination Agreement") ... 44,231,514 SHARES OF COMMON STOCK, PAR VALUE $0.01 PER SHARE TO BE ISSUED IN CONNECTION WITH THE PROPOSED MERGER”

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