Business Combination completion deadline
Company: Cipher Mining
What the later record shows
Delivered on time · happened August 27, 2021
The Business Combination closed on August 27, 2021, inside the 21-month window ending July 22, 2022.
“On August 27, 2021, we consummated the business combination (the “Closing” and the “Business Combination” or the “Merger”, respectively) with Good Works Acquisition Corp. (“GWAC”).”
2023-05-31 · Cipher Mining 424B3 filed 2023-06-01 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
Company has 21 months from October 22, 2020 IPO closing to complete a Business Combination by July 22, 2022
Source (primary)
Cipher Mining 10-K/A filed 2021-05-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Company will have until 21 months from the closing of the Public Offering to complete a Business Combination (the "Combination Period")”
How we checked this
Checked on October 11, 2026. The cited source supports part of this claim, but not all of it.
The filing sets a 21-month window from the IPO closing and gives October 22, 2020 as the closing date. It never states the July 22, 2022 deadline itself, which is derived by adding 21 months.
Confirmed in the source:
- Good Works Acquisition Corp. has 21 months from the closing of its initial public offering to complete a Business Combination
- Good Works Acquisition Corp.'s initial public offering closed on October 22, 2020
We could not confirm this from the cited source:
- The filing does not state July 22, 2022 as Good Works Acquisition Corp.'s Business Combination deadline; that date is calculated from the filing's figures, not stated in it
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “The Company will have until 21 months from the closing of the Public Offering to complete a Business Combination (the "Combination Period")”
confirms Cipher Mining 424B3 filed 2023-06-01
Quote: “On August 27, 2021, we consummated the business combination (the “Closing” and the “Business Combination” or the “Merger”, respectively) with Good Works Acquisition Corp. (“GWAC”).”