Acquisition of Rhodium Encore LLC assets
Company: Riot
The claim, verbatim
Riot's subsidiary Whinstone acquired all tangible and intangible property of Rhodium Encore LLC at the Rockdale, Texas facility for $185.0 million total consideration consisting of $129.9 million in cash, $6.1 million return of Rhodium's power security deposit, and 6,989,800 shares valued at approximately $49.0 million
Source (primary)
Riot 8-K filed 2025-05-01 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The total purchase price for the assets was $185.0 million, and consisted of approximately $129.9 million in cash, payable at Closing, $6.1 million return of Rhodium's power security deposit, and 6,989,800 shares, worth approximately $49.0 million, of the Company's common stock, no par value per share.”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2025-05-01
Quote: “The total purchase price for the assets was $185.0 million, and consisted of approximately $129.9 million in cash, payable at Closing, $6.1 million return of Rhodium's power security deposit, and 6,989,800 shares, worth approximately $49.0 million, of the Company's common stock, no par value per share.”