Business Combination Merger
Company: Cipher Mining
The claim, verbatim
Cipher Mining Technologies Inc. will merge with a subsidiary of GWAC, with Cipher surviving as a wholly owned subsidiary of GWAC. GWAC will be renamed Cipher Mining Inc.
Source (primary)
Cipher Mining S-4/A filed 2021-06-15 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the merger of Currency Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of GWAC (" Merger Sub "), with and into Cipher Mining Technologies Inc. (" Cipher "), a Delaware corporation (the " Merger "), with Cipher surviving the Merger as a wholly owned subsidiary of GWAC”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document establishes the merger structure with Cipher surviving as GWAC's subsidiary and GWAC being renamed Cipher Mining Inc.
Confirmed in the source:
- Currency Merger Sub, a wholly owned subsidiary of GWAC, will merge with and into Cipher Mining Technologies Inc.
- Cipher will survive the merger as a wholly owned subsidiary of GWAC
- Following the Effective Time, GWAC will change its name to Cipher Mining Inc.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312521190374/d127963ds4a.htm) in full (2,271,721 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining S-4/A filed 2021-06-15
Quote: “the merger of Currency Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of GWAC (" Merger Sub "), with and into Cipher Mining Technologies Inc. (" Cipher "), a Delaware corporation (the " Merger "), with Cipher surviving the Merger as a wholly owned subsidiary of GWAC”