Convertible working capital loans
Company: Cipher Mining
The claim, verbatim
Up to $1,500,000 in working capital loans convertible to private placement-equivalent units at $10.00 per unit at lender's option
Source (primary)
Cipher Mining 10-K/A filed 2021-06-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Up to $1,500,000 of such working capital loans may be convertible into private placement-equivalent units at a price of $10.00 per unit at the option of the lender.”
How we checked this
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Additional evidence
confirms Cipher Mining 10-K/A filed 2021-06-14
Quote: “Up to $1,500,000 of such working capital loans may be convertible into private placement-equivalent units at a price of $10.00 per unit at the option of the lender.”