ESS Metron acquisition for power distribution equipment and engineering services
Company: Riot
What the later record shows
Not a promise: a reported event · happened December 1, 2021
The claim reports the already-completed December 1, 2021 acquisition of ESS Metron, a power distribution equipment maker.
“On December 1, 2021, we acquired all of the issued and outstanding equity interests of Ferrie Franzmann Industries, LLC (d/b/a ESS Metron)”
2022-11-22 · Riot 10-K/A filed 2022-11-23 View cached copy (2026-09-13)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Acquired all equity interests of Ferrie Franzmann Industries, LLC (ESS Metron) on December 1, 2021, a leading designer and manufacturer of power distribution equipment, providing access to critical electrical components and engineering services for Whinstone Facility
Source (primary)
Riot 10-K filed 2022-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On December 1, 2021, we acquired all of the issued and outstanding equity interests of Ferrie Franzmann Industries, LLC (d/b/a ESS Metron) ("ESS Metron")”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states that on December 1, 2021 Riot acquired all equity interests of ESS Metron, describes it as a leading designer and manufacturer of power distribution equipment, and says the deal gives access to critical electrical components and engineering services for the Whinstone Facility.
Confirmed in the source:
- Riot acquired all of the issued and outstanding equity interests of Ferrie Franzmann Industries, LLC (d/b/a ESS Metron)
- The acquisition took place on December 1, 2021
- ESS Metron is described as one of the world's leading designers and manufacturers of power distribution equipment
- The acquisition provides access to critical electrical components and engineering services in connection with development of infrastructure at the Whinstone Facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997322000280/riot10k1221.htm) in full (467,403 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K filed 2022-03-16
Quote: “On December 1, 2021, we acquired all of the issued and outstanding equity interests of Ferrie Franzmann Industries, LLC (d/b/a ESS Metron) ("ESS Metron")”