Riot obtains director nomination right
Company: Riot
The claim, verbatim
If Amy Freedman ceases to serve as a director of Bitfarms before the Term expires, Riot is entitled to nominate a replacement, subject to independence and regulatory requirements
Source (primary)
Riot SC 13D/A filed 2024-09-23 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Reporting Person shall be entitled to nominate an individual to replace Ms. Freedman as a director, provided such individual, among other things, satisfies applicable corporate, securities and stock exchange laws and rules, and is "independent" under such laws and rules”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states that Riot may nominate a replacement if Freedman stops serving before the Term expires, provided the nominee meets legal and exchange requirements and is independent.
Confirmed in the source:
- If Amy Freedman ceases to serve as a Bitfarms director before the Term expires, Riot may nominate her replacement
- The replacement must satisfy applicable corporate, securities and stock exchange laws and rules and be independent
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924101875/tm2424523d1_sc13da.htm) in full (11,032 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot SC 13D/A filed 2024-09-23
Quote: “the Reporting Person shall be entitled to nominate an individual to replace Ms. Freedman as a director, provided such individual, among other things, satisfies applicable corporate, securities and stock exchange laws and rules, and is "independent" under such laws and rules”