Convertible notes offering
Company: Riot
The claim, verbatim
The company announced its intention to offer $500 million aggregate principal amount of convertible senior notes due 2030, subject to market conditions and other factors, with initial purchasers having an option to purchase up to an additional $75 million, in a private offering to qualified institutional buyers
Source (primary)
Riot 8-K filed 2024-12-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Company issued a press release announcing its intention to offer (the "Convertible Notes Offering"), subject to market conditions and other factors, $500 million aggregate principal amount of its convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to grant to the initial purchasers of the notes an option to purchase, within a three-day period beginning on, and including, the date on which the notes are first issued, up to an additional $75 million aggregate principal amount of the notes”
How we checked this
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Additional evidence
confirms Riot 8-K filed 2024-12-09
Quote: “the Company issued a press release announcing its intention to offer (the "Convertible Notes Offering"), subject to market conditions and other factors, $500 million aggregate principal amount of its convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to grant to the initial purchasers of the notes an option to purchase, within a three-day period beginning on, and including, the date on which the notes are first issued, up to an additional $75 million aggregate principal amount of the notes”