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Net proceeds from convertible notes offering

Company: Cipher Mining

Subject kind
financing
Statement date
2025-05-21
Promised amount
144.1 USD (millions)
Current status
stated

The claim, verbatim

Estimated net proceeds of approximately $144.1 million (or $166.0 million if underwriters fully exercise option)

Source (primary)

Cipher Mining 424B5 filed 2025-05-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “We estimate that the net proceeds to us from the Concurrent Notes Offering, if it is consummated, will be approximately $144.1 million (or approximately $166.0 million if the underwriters in the Concurrent Notes Offering fully exercise their option to purchase additional Notes)”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1819989/000119312525124290/d876435d424b5.htm) in full (211,062 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Cipher Mining 424B5 filed 2025-05-22

Quote: “We estimate that the net proceeds to us from the Concurrent Notes Offering, if it is consummated, will be approximately $144.1 million (or approximately $166.0 million if the underwriters in the Concurrent Notes Offering fully exercise their option to purchase additional Notes)”

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