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Shares equivalent to 9.9% of RiotX Holdings as one-time fee for Coinsquare license

Company: Riot

Subject kind
financing
Statement date
2018-09-06
Promised amount
9.9 percent of RiotX Holdings Inc shares
Current status
stated

The claim, verbatim

Riot will pay Coinsquare shares equivalent to 9.9% of total issued and outstanding shares of RiotX Holdings Inc 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: “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 includes shares equal to 9.9% of RiotX Holdings' issued and outstanding shares, measured immediately after the agreement was signed.

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: “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 ↗