Merger Closing Cash Requirement
Company: Cipher Mining
The claim, verbatim
GWAC must have at least $400 million in available closing cash as a requirement of the Merger Agreement at transaction close
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 Available Closing GWAC Cash requirement of $400.0 million provided for in the Merger Agreement”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document repeatedly confirms the $400.0 million Available Closing GWAC Cash requirement in the Merger Agreement.
Confirmed in the source:
- The Merger Agreement provides for an Available Closing GWAC Cash requirement of $400.0 million
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 Available Closing GWAC Cash requirement of $400.0 million provided for in the Merger Agreement”