Authorized common stock increase
Company: Riot
The claim, verbatim
Riot is seeking shareholder approval to increase the number of authorized common stock shares to enable flexibility for corporate transactions, public or private equity offerings, and equity compensation
Source (primary)
Riot DEFA14A filed 2022-07-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “By increasing the number of authorized shares of Riot common stock now, the Company will be able to act in a timely manner if and when the Company's Board of Directors believes it is in the best interests of the Company and stockholders to take strategic action, without the delay and expense that would be required at that time”
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 Riot DEFA14A filed 2022-07-12
Quote: “By increasing the number of authorized shares of Riot common stock now, the Company will be able to act in a timely manner if and when the Company's Board of Directors believes it is in the best interests of the Company and stockholders to take strategic action, without the delay and expense that would be required at that time”