Convertible Notes Initial Conversion Terms
Company: Cipher Mining
The claim, verbatim
Initial conversion rate of 224.9213 shares per $1,000 principal amount, representing an initial conversion price of approximately $4.45 per share
Source (primary)
Cipher Mining 424B5 filed 2025-05-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The initial conversion rate is 224.9213 shares per $1,000 principal amount of notes, which represents an initial conversion price of approximately $4.45 per share”
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 Cipher Mining 424B5 filed 2025-05-22
Quote: “The initial conversion rate is 224.9213 shares per $1,000 principal amount of notes, which represents an initial conversion price of approximately $4.45 per share”