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Standstill provisions and restrictions

Company: Riot

Subject kind
partnership
Statement date
2024-09-22
Current status
stated

The claim, verbatim

Riot agreed to standstill provisions restricting it from acquiring or proposing to acquire 20% or more of Bitfarms' Common Shares, voting inconsistently with the agreement, removing directors, acquiring derivatives, and instituting litigation against Bitfarms until agreement term expiration.

Source (primary)

Riot 8-K filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “the Riot has agreed to standstill provisions that will be in effect until the expiration of the Term, unless earlier terminated, which restrict Riot from, among other things, (i) acquiring or proposing to acquire 20% or more of the outstanding Common Shares”

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 filed 2024-09-23

Quote: “the Riot has agreed to standstill provisions that will be in effect until the expiration of the Term, unless earlier terminated, which restrict Riot from, among other things, (i) acquiring or proposing to acquire 20% or more of the outstanding Common Shares”

View cached copy (2026-08-31)Live source ↗