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450,000 Riot common shares as one-time fee for Coinsquare license

Company: Riot

Subject kind
financing
Statement date
2018-09-06
Promised amount
450000.0 common shares
Current status
stated

The claim, verbatim

Riot will pay Coinsquare 450,000 common shares as a one-time fee for the software license

Source (primary)

Riot 8-K filed 2018-09-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Licensee shall pay to Coinsquare a onetime fee of 450,000 common shares in the capital of Riot plus the number of shares that equate to 9.9% of the total issued and outstanding shares of RiotX Holdings Inc immediately following execution of the Agreement.”

How we checked this

Checked on September 23, 2026. The cited source supports every part of this claim.

The filing states that the one-time fee to Coinsquare includes 450,000 common shares of Riot. The fee also includes RiotX shares, which a separate claim covers.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155335018001021/riot_8k.htm) in full (17,523 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot 8-K filed 2018-09-07

Quote: “Licensee shall pay to Coinsquare a onetime fee of 450,000 common shares in the capital of Riot plus the number of shares that equate to 9.9% of the total issued and outstanding shares of RiotX Holdings Inc immediately following execution of the Agreement.”

View cached copy (2026-09-13)Live source ↗