Acquisition of Whinstone US for $80M and 11.8M shares
Company: Riot
The claim, verbatim
Riot entered into a Stock Purchase Agreement to acquire all equity interests of Whinstone US, Inc. for $80,000,000 in cash and 11,800,000 shares of common stock, expected to close in Q2 2021.
Source (primary)
Riot 8-K filed 2021-04-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Riot...entered into a Stock Purchase Agreement...which provides for Riot to acquire all of the issued and outstanding equity interests of Whinstone...Riot will pay to the Seller $80,000,000 in cash...and issue to the Seller 11,800,000 shares of the common stock...The Acquisition is currently expected to close during the second quarter of 2021”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2021-04-09
Quote: “Riot...entered into a Stock Purchase Agreement...which provides for Riot to acquire all of the issued and outstanding equity interests of Whinstone...Riot will pay to the Seller $80,000,000 in cash...and issue to the Seller 11,800,000 shares of the common stock...The Acquisition is currently expected to close during the second quarter of 2021”