Additional equity and warrant investment in Coinsquare (February 2018)
Company: Riot
The claim, verbatim
Riot invested an additional $6.4 million in Coinsquare in February 2018, consisting of $2.8 million in equity investment and $3.6 million from warrant exercise
Source (primary)
Riot 8-K filed 2018-09-07 (SEC EDGAR, sec_filing)
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Quote: “During February 2018 the Company invested an additional $6.4 million in Coinsquare. The investment included an additional equity investment of $2.8 million that is part of an approximate $24 million financing by Coinsquare. Additionally, warrants acquired in the original investment were exercised in exchange of a cash payment of $3.6 million.”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2018-09-07
Quote: “During February 2018 the Company invested an additional $6.4 million in Coinsquare. The investment included an additional equity investment of $2.8 million that is part of an approximate $24 million financing by Coinsquare. Additionally, warrants acquired in the original investment were exercised in exchange of a cash payment of $3.6 million.”