Board approval; no financing condition or Riot shareholder vote
Company: Riot
The claim, verbatim
Riot's Board unanimously approved the Bitfarms proposal. Any transaction would not be subject to a financing condition and would not require a Riot shareholder vote.
Source (primary)
riot 8-K exhibit (tm2415618d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-04)Live source ↗
Quote: “The Proposal to acquire Bitfarms has been unanimously approved by the Board of Directors of Riot. While the Proposal is non-binding and subject to customary conditions (including entering into a definitive transaction agreement), any transaction would not be subject to a financing condition nor require a Riot shareholder vote.”
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 8-K exhibit (tm2415618d1_ex99-1.htm)
Quote: “The Proposal to acquire Bitfarms has been unanimously approved by the Board of Directors of Riot. While the Proposal is non-binding and subject to customary conditions (including entering into a definitive transaction agreement), any transaction would not be subject to a financing condition nor require a Riot shareholder vote.”