Business combination with Good Works Acquisition Corp
Company: Cipher Mining
The claim, verbatim
Consummated business combination on August 27, 2021 with Good Works Acquisition Corp, whereby Cipher Mining Technologies Inc. merged into GWAC, which changed its name to Cipher Mining Inc.
Source (primary)
Cipher Mining 424B5 filed 2022-10-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On August 27, 2021 (the "Closing Date"), we consummated the business combination pursuant to the Agreement and Plan of Merger, dated March 4, 2021 (the "Merger Agreement"), by and among Good Works Acquisition Corp. ("GWAC" and, upon consummation of the Business Combination described below, "Cipher"), Currency Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of GWAC ("Merger Sub"), and Cipher Mining Technologies Inc., a Delaware corporation ("Cipher Mining Technologies"). Pursuant to the Merger Agreement, Merger Sub merged with and into Cipher Mining Technologies, the separate corporate existence of Merger Sub ceasing and Cipher Mining Technologies being the surviving corporation and a wholly owned subsidiary of Cipher”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document confirms the August 27, 2021 business combination with GWAC and the resulting name change to Cipher Mining Inc., with Cipher Mining Technologies as the surviving subsidiary.
Confirmed in the source:
- the business combination was consummated on August 27, 2021
- the counterparty was Good Works Acquisition Corp
- Cipher Mining Technologies Inc. became a wholly owned subsidiary through the merger
- GWAC changed its name to Cipher Mining Inc.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312522259585/d385422d424b5.htm) in full (164,451 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 424B5 filed 2022-10-07
Quote: “On August 27, 2021 (the "Closing Date"), we consummated the business combination pursuant to the Agreement and Plan of Merger, dated March 4, 2021 (the "Merger Agreement"), by and among Good Works Acquisition Corp. ("GWAC" and, upon consummation of the Business Combination described below, "Cipher"), Currency Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of GWAC ("Merger Sub"), and Cipher Mining Technologies Inc., a Delaware corporation ("Cipher Mining Technologies"). Pursuant to the Merger Agreement, Merger Sub merged with and into Cipher Mining Technologies, the separate corporate existence of Merger Sub ceasing and Cipher Mining Technologies being the surviving corporation and a wholly owned subsidiary of Cipher”