share_log

Riot Platforms | 424B5: Prospectus

SEC announcement ·  Feb 27 05:57
Summary by Futu AI
Riot Platforms, Inc., a leading cryptocurrency mining company, has announced a prospectus supplement for the sale of up to $750,000,000 of its common stock. The sales agreement, dated August 9, 2023, involves sales agents including Cantor Fitzgerald & Co., B. Riley Securities, Inc., BTIG, LLC, Roth Capital Partners, LLC, Compass Point Research & Trading, LLC, Northland Securities, Inc., Moelis & Company LLC, and Stifel Nicolaus Canada Inc. The common stock is traded on the Nasdaq Capital Market under the symbol 'RIOT'. As of February 20, 2024, the sales price was $16.04 per share. The agreement allows Riot Platforms to offer and sell shares from time to time through the Sales Agents, who will use commercially reasonable efforts to sell the stock at market prices or negotiated transactions. The offering may be suspended by either party. The company plans to use the net proceeds for general corporate purposes, which may include capital expenditures, strategic acquisitions, and investments in Bitcoin mining projects. The date of the prospectus supplement is February 26, 2024.
Riot Platforms, Inc., a leading cryptocurrency mining company, has announced a prospectus supplement for the sale of up to $750,000,000 of its common stock. The sales agreement, dated August 9, 2023, involves sales agents including Cantor Fitzgerald & Co., B. Riley Securities, Inc., BTIG, LLC, Roth Capital Partners, LLC, Compass Point Research & Trading, LLC, Northland Securities, Inc., Moelis & Company LLC, and Stifel Nicolaus Canada Inc. The common stock is traded on the Nasdaq Capital Market under the symbol 'RIOT'. As of February 20, 2024, the sales price was $16.04 per share. The agreement allows Riot Platforms to offer and sell shares from time to time through the Sales Agents, who will use commercially reasonable efforts to sell the stock at market prices or negotiated transactions. The offering may be suspended by either party. The company plans to use the net proceeds for general corporate purposes, which may include capital expenditures, strategic acquisitions, and investments in Bitcoin mining projects. The date of the prospectus supplement is February 26, 2024.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Doc 2

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.