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Bitfury Top HoldCo private placement

Company: Cipher Mining

Subject kind
financing
Statement date
2021-07-08
Promised amount
50000000.0 USD
Current status
stated

The claim, verbatim

Bitfury Top HoldCo will purchase 5,000,000 shares of GWAC Common Stock at $10.00 per share for $50,000,000 in cash and/or forgiveness of indebtedness

Source (primary)

Cipher Mining S-4/A filed 2021-07-09 (SEC EDGAR, sec_filing)
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Quote: “Bitfury Top HoldCo agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to Bitfury Top HoldCo, an aggregate of 5,000,000 shares GWAC Common Stock at a purchase price of $10.00 per share for an aggregate of cash and/or forgiveness of outstanding indebtedness owed by Cipher to Bitfury Top HoldCo (or an affiliate of Bitfury Top HoldCo) of $50,000,000”

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 S-4/A filed 2021-07-09

Quote: “Bitfury Top HoldCo agreed to subscribe for and purchase, and GWAC has agreed to issue and sell to Bitfury Top HoldCo, an aggregate of 5,000,000 shares GWAC Common Stock at a purchase price of $10.00 per share for an aggregate of cash and/or forgiveness of outstanding indebtedness owed by Cipher to Bitfury Top HoldCo (or an affiliate of Bitfury Top HoldCo) of $50,000,000”

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