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GWAC-Cipher merger and share exchange

Company: Cipher Mining

Subject kind
acquisition
Statement date
2021-07-08
Promised amount
200000000.0 shares
Current status
stated

The claim, verbatim

At the Effective Time of the Merger, the 500 shares of Cipher Common Stock outstanding will be exchanged for 200,000,000 shares of New Cipher Common Stock

Source (primary)

Cipher Mining S-4/A filed 2021-07-09 (SEC EDGAR, sec_filing)
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Quote: “at the Effective Time, the 500 shares of Cipher Common Stock ("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 S-4/A filed 2021-07-09

Quote: “at the Effective Time, the 500 shares of Cipher Common Stock ("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 ↗