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Business combination with Good Works Acquisition Corp

Company: Cipher Mining

Subject kind
acquisition
Statement date
2022-10-06
Current status
stated

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)
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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

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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”

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