Logical Brokerage Corp acquisition
Company: Riot
The claim, verbatim
Acquired 92.5% of Logical Brokerage Corp for $600,000 cash on March 27, 2018
Source (primary)
Riot 10-K/A filed 2018-06-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 27, 2018 we acquired 92.5% of Logical Brokerage Corp. ("Logical Brokerage" or "LBC") for a $600,000 cash payment.”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states the company acquired 92.5% of Logical Brokerage for $600,000 cash on March 27, 2018. Another passage in the same filing gives the acquisition date as March 23, 2018, and the stock purchase agreement is dated March 26, 2018.
Confirmed in the source:
- The company acquired 92.5% of Logical Brokerage Corp
- The purchase price was a $600,000 cash payment
- The acquisition occurred on March 27, 2018
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997318000410/riot_10ka2-123117.htm) in full (281,520 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K/A filed 2018-06-29
Quote: “On March 27, 2018 we acquired 92.5% of Logical Brokerage Corp. ("Logical Brokerage" or "LBC") for a $600,000 cash payment.”