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Board authorization to issue common stock upon warrant exercise at $3.00

Company: Riot

Subject kind
financing
Statement date
2017-04-27
Promised amount
8500000.0 USD
Current status
stated

The claim, verbatim

Board granted ability to issue up to $8,500,000 of common stock upon exercise of warrants issued in private placements on March 10 and March 16, 2017, at amended exercise price of $3.00

Source (primary)

Riot PRE 14A filed 2017-04-28 (SEC EDGAR, sec_filing)
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Quote: “THE ABILITY TO ISSUE UP TO $8,500,000 OF COMMON STOCK UPON EXERCISE OF WARRANTS TO PURCHASE SHARES OF OUR COMMON STOCK THAT WERE ISSUED IN PRIVATE PLACEMENTS ON MARCH 10, 2017 AND MARCH 16, 2017, AT AN AMENDED EXERCISE PRICE OF $3.00”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Riot PRE 14A filed 2017-04-28

Quote: “THE ABILITY TO ISSUE UP TO $8,500,000 OF COMMON STOCK UPON EXERCISE OF WARRANTS TO PURCHASE SHARES OF OUR COMMON STOCK THAT WERE ISSUED IN PRIVATE PLACEMENTS ON MARCH 10, 2017 AND MARCH 16, 2017, AT AN AMENDED EXERCISE PRICE OF $3.00”

View cached copy (2026-09-27)Live source ↗