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PIPE Investor Capital Commitment

Company: Cipher Mining

Subject kind
financing
Statement date
2021-06-14
Promised amount
375000000.0 USD
Current status
stated

The claim, verbatim

PIPE Investors will subscribe for and purchase 37,500,000 shares of GWAC common stock at $10.00 per share, providing $375 million in cash consideration

Source (primary)

Cipher Mining S-4/A filed 2021-06-15 (SEC EDGAR, sec_filing)
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Quote: “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 S-4/A filed 2021-06-15

Quote: “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 ↗