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PIPE Investment Commitment

Company: Cipher Mining

Subject kind
financing
Statement date
2021-08-01
Promised amount
375000000.0 USD
Current status
stated

The claim, verbatim

PIPE investors committed to invest $375 million in cash for 37,500,000 shares at $10.00 per share

Source (primary)

Cipher Mining 424B3 filed 2021-08-02 (SEC EDGAR, sec_filing)
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Quote: “the PIPE Investors have agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to the PIPE Investors, an aggregate of 37,500,000 shares GWAC Common Stock at a purchase price of $10.00 per share for consideration comprising payments of cash of $375,000,000”

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 424B3 filed 2021-08-02

Quote: “the PIPE Investors have agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to the PIPE Investors, an aggregate of 37,500,000 shares GWAC Common Stock at a purchase price of $10.00 per share for consideration comprising payments of cash of $375,000,000”

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