Retention of Cipher management
Company: Cipher Mining
What the later record shows
Outcome not yet confirmed
P3 restates before closing that Cipher's management would become New Cipher's management. No post-closing passage confirms the management team kept its roles.
“Following the Closing, the current management of Cipher will become the management of New Cipher”
2021-08-01 · Cipher Mining 424B3 filed 2021-08-02 View cached copy (2026-09-13)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
The current Cipher management team will retain their current roles and titles in the merged entity.
Source (primary)
Cipher Mining 10-Q/A filed 2021-06-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the current Cipher management team will move to Good Works in their current roles and titles”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the current Cipher management team will move to Good Works, renamed Cipher Mining Inc., in their current roles and titles.
Confirmed in the source:
- The current Cipher management team will move to the combined company in their current roles and titles
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000121390021032323/f10q0321a1_goodworksacq.htm) in full (122,139 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-Q/A filed 2021-06-14
Quote: “the current Cipher management team will move to Good Works in their current roles and titles”