USBTC acquisition via merger
Company: Hut 8
The claim, verbatim
Merger Sub will merge with and into USBTC, with each share of USBTC Series A Preferred, Series B Preferred, Series B-1 Preferred and common stock exchanged for 0.6716 of a share of New Hut common stock, making USBTC a wholly-owned subsidiary of New Hut
Source (primary)
Hut 8 424B3 filed 2023-11-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Merger Sub will merge with and into USBTC, with each share of Series A preferred stock of USBTC...being exchanged for 0.6716 of a share of New Hut common stock”
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 Hut 8 424B3 filed 2023-11-09
Quote: “Merger Sub will merge with and into USBTC, with each share of Series A preferred stock of USBTC...being exchanged for 0.6716 of a share of New Hut common stock”