Merger Agreement with Good Works Acquisition Corp.
Company: Cipher Mining
The claim, verbatim
Cipher Mining Technologies Inc. agreed to merge with Good Works Acquisition Corp., whereby Cipher becomes a wholly-owned subsidiary of Good Works and Good Works changes its name to Cipher Mining Inc. Consideration is 200,000,000 shares of Good Works Common Stock valued at $10.00 per share.
Source (primary)
Cipher Mining 10-Q filed 2021-08-10 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 5 , 2021, the Company (or "Good Works") entered into an Agreement and Plan of Merger by and among Currency Merger Sub, Inc., a Delaware corporation and a wholly-owned direct subsidiary of the Company (" Merger Sub "), and Cipher Mining Technologies Inc., a Delaware corporation (" Cipher ")... each share of Cipher common stock, par value $0.001 issued and outstanding shall be converted into the right to receive four hundred thousand (400,000) shares of Good Works common stock... the aggregate Merger consideration received by the sole stockholder of Cipher equals two hundred million (200,000,000) shares of Good Works Common Stock (at a value of ten dollars ($10.00) per share).”
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 10-Q filed 2021-08-10
Quote: “On March 5 , 2021, the Company (or "Good Works") entered into an Agreement and Plan of Merger by and among Currency Merger Sub, Inc., a Delaware corporation and a wholly-owned direct subsidiary of the Company (" Merger Sub "), and Cipher Mining Technologies Inc., a Delaware corporation (" Cipher ")... each share of Cipher common stock, par value $0.001 issued and outstanding shall be converted into the right to receive four hundred thousand (400,000) shares of Good Works common stock... the aggregate Merger consideration received by the sole stockholder of Cipher equals two hundred million (200,000,000) shares of Good Works Common Stock (at a value of ten dollars ($10.00) per share).”