Proposal to increase authorized shares
Company: Riot
The claim, verbatim
The Company's Articles of Incorporation are being amended to increase the number of shares of common stock authorized for issuance from 170,000,000 shares to 340,000,000 shares.
Source (primary)
Riot DEF 14A filed 2022-10-03 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “To authorize and approve that the Company's Articles of Incorporation be amended to increase the number of shares of common stock authorized for issuance thereunder from 170,000,000 shares to 340,000,000 shares.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The proxy statement's Proposal No. 1 states exactly this increase from 170,000,000 to 340,000,000 shares.
Confirmed in the source:
- Riot Blockchain's Articles of Incorporation are proposed to be amended to increase authorized common stock from 170,000,000 shares to 340,000,000 shares
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000114036122035839/ny20005309x2_def14a.htm) in full (56,058 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot DEF 14A filed 2022-10-03
Quote: “To authorize and approve that the Company's Articles of Incorporation be amended to increase the number of shares of common stock authorized for issuance thereunder from 170,000,000 shares to 340,000,000 shares.”