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Beneficial ownership threshold

Company: Riot

Subject kind
acquisition
Statement date
2024-09-22
Promised amount
7.5 percent
Current status
stated

The claim, verbatim

The settlement agreement is not enforceable if Riot ceases to beneficially own at least 7.5% of Bitfarms' issued and outstanding Common Shares during the agreement term.

Source (primary)

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

Quote: “provided that the Agreement shall not be enforceable if at any time during the Term Riot ceases to beneficially own at least 7.5% of the issued and 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: “provided that the Agreement shall not be enforceable if at any time during the Term Riot ceases to beneficially own at least 7.5% of the issued and outstanding Common Shares”

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