Available working capital
Company: Cipher Mining
The claim, verbatim
Approximately $1,276,364 available outside trust account to fund working capital requirements
Source (primary)
Cipher Mining 10-K/A filed 2021-05-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Of the net proceeds of our initial public offering and the sale of the private placement units, only approximately $1,276,364 (as of December 31, 2020) will be available to us initially outside the trust account to fund our working capital requirements.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing says approximately $1,276,364 (as of December 31, 2020) was available outside the trust account for working capital. The balance sheet shows the same cash figure.
Confirmed in the source:
- Approximately $1,276,364 was available outside the trust account as of December 31, 2020
- These funds were available to fund the company's working capital requirements
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000121390021025203/f10k2020a1_goodworks.htm) in full (249,888 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Cipher Mining 10-K/A filed 2021-05-07
Quote: “Of the net proceeds of our initial public offering and the sale of the private placement units, only approximately $1,276,364 (as of December 31, 2020) will be available to us initially outside the trust account to fund our working capital requirements.”