Cipher Mining Inc. Enters Material Definitive Agreement
Ticker: CIFR · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1819989
| Field | Detail |
|---|---|
| Company | Cipher Mining INC. (CIFR) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $11.50, $153,439,339, $296,560,661, $96,560,661 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-action
Related Tickers: CIFR
TL;DR
Cipher Mining (CIFR) signed a big deal, filing 8-K today.
AI Summary
Cipher Mining Inc. announced on March 6, 2024, that it entered into a material definitive agreement. The company, formerly known as GOOD WORKS ACQUISITION CORP., is incorporated in Delaware and has its principal executive offices at 1 Vanderbilt Avenue, New York, NY. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates a significant new contract or partnership for Cipher Mining Inc., which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can carry inherent risks related to the terms, counterparty, and execution of the agreement.
Key Numbers
- 001-39625 — SEC File Number (Identifies the company's filing history with the SEC.)
- 85-1614529 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Cipher Mining Inc. (company) — Registrant
- GOOD WORKS ACQUISITION CORP. (company) — Former Company Name
- March 6, 2024 (date) — Date of earliest event reported
- 1 Vanderbilt Avenue (location) — Business and Mail Address
- New York, NY (location) — Business and Mail Address City and State
FAQ
What is the nature of the material definitive agreement entered into by Cipher Mining Inc.?
The filing states that Cipher Mining Inc. entered into a material definitive agreement on March 6, 2024, but the specific details of the agreement are not provided in this excerpt.
When was Cipher Mining Inc. formerly known as GOOD WORKS ACQUISITION CORP.?
The date of the name change from GOOD WORKS ACQUISITION CORP. to Cipher Mining Inc. is not explicitly stated, but the filing indicates it was the former company name.
Where are Cipher Mining Inc.'s principal executive offices located?
Cipher Mining Inc.'s principal executive offices are located at 1 Vanderbilt Avenue, Floor 54, Suite C, New York, NY 10017.
What is the SIC code for Cipher Mining Inc.?
The Standard Industrial Classification (SIC) code for Cipher Mining Inc. is 6199, which falls under Finance Services.
What type of report is this filing?
This filing is a Form 8-K, which is a Current Report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 764 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2024-03-06 16:34:35
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share CIFR The Nasdaq Stock Mar
- $11.50 — of Common Stock at an exercise price of $11.50 per whole share CIFRW The Nasdaq St
- $153,439,339 — ent for gross proceeds of approximately $153,439,339 under the Sales Agreement. The Company
- $296,560,661 — eement, as amended by the Amendment, to $296,560,661, which consists of $96,560,661 remainin
- $96,560,661 — ent, to $296,560,661, which consists of $96,560,661 remaining as originally authorized unde
- $200,000,000 — rospectus supplement and the additional $200,000,000, and (ii) including Stifel, Nicolaus &
Filing Documents
- d805186d8k.htm (8-K) — 32KB
- d805186dex11.htm (EX-1.1) — 35KB
- d805186dex51.htm (EX-5.1) — 14KB
- g805186g0305224504612.jpg (GRAPHIC) — 2KB
- g805186g0305224505161.jpg (GRAPHIC) — 2KB
- 0001193125-24-060775.txt ( ) — 268KB
- cifr-20240306.xsd (EX-101.SCH) — 4KB
- cifr-20240306_def.xml (EX-101.DEF) — 14KB
- cifr-20240306_lab.xml (EX-101.LAB) — 25KB
- cifr-20240306_pre.xml (EX-101.PRE) — 16KB
- d805186d8k_htm.xml (XML) — 6KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 1.1 Amendment No. 1 to Controlled Equity Offering SM Sales Agreement by and among Cipher Mining Inc. and Cantor Fitzgerald & Co., Canaccord Genuity LLC, Compass Point Research & Trading, LLC, Needham & Company, LLC, Stifel, Nicolaus & Company, Incorporated and Virtu Americas LLC, dated March 6, 2024. 5.1 Opinion of Latham & Watkins LLP 23.1 Consent of Latham & Watkins LLP (included in Exhibit 5.1 above) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Cipher Mining Inc. Date: March 6, 2024 By: /s/ Tyler Page Tyler Page Chief Executive Officer