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GWAC Merger Agreement

Company: Cipher Mining

Subject kind
acquisition
Statement date
2021-08-01
Promised amount
200000000.0 shares
Current status
stated

The claim, verbatim

Cipher Mining Technologies Inc. to merge with Currency Merger Sub (GWAC subsidiary) with Cipher surviving as wholly-owned subsidiary; GWAC to rename to Cipher Mining Inc.; 500 Cipher Common Stock shares to be exchanged for 200,000,000 New Cipher Common Stock shares

Source (primary)

Cipher Mining 424B3 filed 2021-08-02 (SEC EDGAR, sec_filing)
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Quote: “the merger of Currency Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of GWAC with and into Cipher Mining Technologies Inc., with Cipher surviving the Merger as a wholly owned subsidiary of GWAC...GWAC will change its name to "Cipher Mining Inc."...the 500 shares of Cipher Common Stock outstanding as of immediately prior to the Effective Time will be exchanged for 200,000,000 shares of New Cipher”

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 merger of Currency Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of GWAC with and into Cipher Mining Technologies Inc., with Cipher surviving the Merger as a wholly owned subsidiary of GWAC...GWAC will change its name to "Cipher Mining Inc."...the 500 shares of Cipher Common Stock outstanding as of immediately prior to the Effective Time will be exchanged for 200,000,000 shares of New Cipher”

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