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Bitfury board observer rights

Company: Cipher Mining

Subject kind
partnership
Statement date
2022-04-13
Current status
stated

The claim, verbatim

Bitfury was granted the right to designate a representative to serve as a board observer of Cipher Mining's Board and committees, with such rights terminating when Bitfury's ownership falls below 10% of outstanding shares

Source (primary)

Cipher Mining 8-K filed 2022-04-14 (SEC EDGAR, sec_filing)
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Quote: “the Investors have the right to designate a representative to serve as an observer of our Board and any committees thereof. The Investors' rights under the Board Observer Agreement will terminate upon the date that the Investors no longer beneficially own at least 10% of the outstanding shares”

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 Cipher Mining 8-K filed 2022-04-14

Quote: “the Investors have the right to designate a representative to serve as an observer of our Board and any committees thereof. The Investors' rights under the Board Observer Agreement will terminate upon the date that the Investors no longer beneficially own at least 10% of the outstanding shares”

View cached copy (2026-09-13)Live source ↗