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Minimum net tangible assets threshold

Company: Cipher Mining

Subject kind
financing
Statement date
2021-06-13
Promised amount
5000001.0 USD
Current status
stated

The claim, verbatim

Will not redeem public shares in amounts that would reduce net tangible assets below $5,000,001

Source (primary)

Cipher Mining 10-K/A filed 2021-06-14 (SEC EDGAR, sec_filing)
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Quote: “in no event will we redeem our public shares in an amount that would cause our net tangible assets to be less than $5,000,001 both immediately before and after the consummation of our initial business combination”

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 10-K/A filed 2021-06-14

Quote: “in no event will we redeem our public shares in an amount that would cause our net tangible assets to be less than $5,000,001 both immediately before and after the consummation of our initial business combination”

View cached copy (2026-09-13)Live source ↗