Completion guarantee for Black Pearl Facility
Company: Cipher Mining - Project: Black Pearl Facility
The claim, verbatim
Cipher will provide a completion guarantee and fund Black Pearl Compute as necessary to ensure timely completion of the Black Pearl Facility construction if proceeds and available funds are insufficient
Source (primary)
Cipher Mining 8-K filed 2026-02-11 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Cipher will provide a customary completion guarantee with respect to the Black Pearl Facility, under which it will fund the Issuer as necessary to ensure the timely completion of the Black Pearl Facility in the event that the proceeds of the Notes and the available funds (including prior equity contributions by Cipher relating to the Black Pearl Facility) are insufficient to do so.”
How we checked this
Additional evidence
confirms Cipher Mining 8-K filed 2026-02-11
Quote: “Cipher will provide a customary completion guarantee with respect to the Black Pearl Facility, under which it will fund the Issuer as necessary to ensure the timely completion of the Black Pearl Facility in the event that the proceeds of the Notes and the available funds (including prior equity contributions by Cipher relating to the Black Pearl Facility) are insufficient to do so.”