Cipher completion guarantee for Black Pearl Facility
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Cipher will provide a completion guarantee and fund the Issuer as necessary to ensure timely completion of the Black Pearl Facility if note proceeds are insufficient
Source (primary)
cipher-mining 8-K exhibit (dp241116_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-20)Live source ↗
Quote: “Cipher will provide a customary completion guarantee with respect to the Black Pearl Facility under which it will fund the Issuer as necessary to ensure the timely completion of the Black Pearl Facility in the event that the proceeds of the Notes are insufficient to do so”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The press release states Cipher will provide a customary completion guarantee under which it will fund the issuer as needed to ensure timely completion if note proceeds are insufficient.
Confirmed in the source:
- Cipher will provide a completion guarantee with respect to the Black Pearl Facility
- Under the guarantee Cipher will fund the Issuer as necessary to ensure timely completion of the Black Pearl Facility
- This funding applies if the note proceeds are insufficient to complete the facility
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1819989/000095010326001659/dp241116_ex9901.htm) in full (7,348 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms cipher-mining 8-K exhibit (dp241116_ex9901.htm)
Quote: “Cipher will provide a customary completion guarantee with respect to the Black Pearl Facility under which it will fund the Issuer as necessary to ensure the timely completion of the Black Pearl Facility in the event that the proceeds of the Notes are insufficient to do so”