Director replacement nomination rights
Company: Riot
The claim, verbatim
If Amy Freedman ceases to serve as a director of Bitfarms prior to the agreement term expiration, Riot is entitled to nominate an individual to replace her.
Source (primary)
Riot 8-K filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Bitfarms has agreed that if, prior to the expiration of the Term (as defined below), Ms. Freedman ceases to serve as a director of Bitfarms, Riot shall be entitled to nominate an individual to replace Ms. Freedman as a director”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states this nomination right. It also notes that the replacement must meet independence and legal requirements.
Confirmed in the source:
- If Freedman ceases to serve as a Bitfarms director before the Term expires, Riot is entitled to nominate her replacement
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924101880/tm2424523d2_8k.htm) in full (12,471 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2024-09-23
Quote: “Bitfarms has agreed that if, prior to the expiration of the Term (as defined below), Ms. Freedman ceases to serve as a director of Bitfarms, Riot shall be entitled to nominate an individual to replace Ms. Freedman as a director”