Hut 8 Corp. Files 8-K: Material Agreement & Financials

Ticker: HUT · Form: 8-K · Filed: 2024-12-04T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financials, corporate-filing

TL;DR

Hut 8 Corp. signed a big deal and filed financials on Dec 1st. Details TBD.

AI Summary

On December 1, 2024, Hut 8 Corp. entered into a material definitive agreement. The company also reported other events and filed financial statements and exhibits as part of this Form 8-K filing. Specific details of the agreement and financial information were not provided in the excerpt.

Why It Matters

This filing indicates significant corporate activity for Hut 8 Corp., potentially involving new business arrangements or financial updates that could impact its operations and investor outlook.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which could represent significant opportunities or risks for the company, but the lack of specific details makes a precise risk assessment difficult.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Hut 8 Corp. on December 1, 2024?

The provided excerpt does not specify the details of the material definitive agreement.

What specific financial statements and exhibits are included in this 8-K filing?

The excerpt mentions that financial statements and exhibits are filed, but does not list their specific contents.

What are the principal executive offices of Hut 8 Corp.?

The principal executive offices of Hut 8 Corp. are located at 1101 Brickell Avenue, Suite 1500, Miami, Florida 33131.

What is the company's state of incorporation?

Hut 8 Corp. is incorporated in Delaware.

What is the earliest event date reported in this Form 8-K?

The earliest event date reported in this Form 8-K is December 1, 2024.

From the Filing

0001104659-24-125372.txt : 20241204 0001104659-24-125372.hdr.sgml : 20241204 20241204083702 ACCESSION NUMBER: 0001104659-24-125372 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241201 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241204 DATE AS OF CHANGE: 20241204 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hut 8 Corp. CENTRAL INDEX KEY: 0001964789 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 922056803 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41864 FILM NUMBER: 241524948 BUSINESS ADDRESS: STREET 1: 1101 BRICKELL AVENUE, SUITE 1500 CITY: MIAMI STATE: FL ZIP: 33131 BUSINESS PHONE: 305-224-6427 MAIL ADDRESS: STREET 1: 1101 BRICKELL AVENUE, SUITE 1500 CITY: MIAMI STATE: FL ZIP: 33131 8-K 1 tm2429544d4_8k.htm FORM 8-K false 0001964789 0001964789 2024-12-01 2024-12-01 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       FORM 8-K       CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): December 1, 2024       Hut 8 Corp. (Exact name of registrant as specified in its charter)       Delaware 001-41864 92-2056803 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   1101 Brickell Avenue , Suite 1500 , Miami , Florida 33131 (Address of principal executive offices) (Zip Code)   Registrant’s Telephone Number, Including Area Code: ( 305 ) 224 6427       Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading   Name of each exchange on which registered Common Stock, par value $0.01 per share   HUT   The Nasdaq Stock Market LLC           Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company x   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x             Item 1.01. Entry into a Material Definitive Agreement.   “At-the-Market” Equity Offering Program   On December 4, 2024, Hut 8 Corp., a Delaware corporation (the “Company”) entered into a Controlled Equity Offering SM Sales Agreement, dated as of December 4, 2024 (the “Sales Agreement”) with each of Cantor Fitzgerald & Co., Keefe, Bruyette & Woods, Inc., The Benchmark Company, LLC, BTIG, LLC, Canaccord Genuity LLC, Craig-Hallum Capital Group LLC, Maxim Group LLC, Needham & Company, LLC, Roth Capital Partners, LLC (the “U.S. Agents&

View on Read The Filing