Hut 8 Share Consolidation Exchange Ratio
Company: Hut 8
The claim, verbatim
Each Hut 8 common share will be exchanged for 0.2000 shares of New Hut common stock, resulting in a 5-to-1 consolidation of Hut 8 shares.
Source (primary)
Hut 8 S-4 filed 2023-02-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “each common share of Hut Amalco (other than any shares held by dissenting shareholders) will be exchanged for 0.2000 of a share of New Hut common stock (the "Hut 8 Share Exchange"), which will effectively result in a consolidation of the common shares of Hut 8 (the "Hut Shares") 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 a five-to-one consolidation.
Confirmed in the source:
- Each Hut 8 common share (of Hut Amalco) will be exchanged for 0.2000 of a New Hut share
- This effectively results in a 5-to-1 consolidation of Hut 8 shares
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923019807/tm235928-1_s4.htm) in full (1,074,589 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 S-4 filed 2023-02-13
Quote: “each common share of Hut Amalco (other than any shares held by dissenting shareholders) will be exchanged for 0.2000 of a share of New Hut common stock (the "Hut 8 Share Exchange"), which will effectively result in a consolidation of the common shares of Hut 8 (the "Hut Shares") on a five to one (5 to 1) basis”