Riot Platforms Files 8-K: Material Agreement, Other Events

Ticker: RIOT · Form: 8-K · Filed: 2024-12-20T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, corporate-actions, filing

TL;DR

Riot Platforms signed a big deal, filed financials, and changed names multiple times. Keep an eye on this one.

AI Summary

On December 16, 2024, Riot Platforms, Inc. entered into a material definitive agreement, the details of which are not fully disclosed in this filing. The company also reported other events and filed financial statements and exhibits. Riot Platforms, Inc. was formerly known as Riot Blockchain, Inc. and prior to that, Bioptix, Inc. and Venaxis, Inc.

Why It Matters

This filing indicates significant corporate activity for Riot Platforms, Inc., including a new material agreement that could impact its business operations and financial performance.

Risk Assessment

Risk Level: medium — The filing mentions a material definitive agreement, but the lack of specific details about this agreement introduces uncertainty regarding its potential impact on the company.

Key Players & Entities

Riot Platforms, Inc. (company) — Registrant
December 16, 2024 (date) — Date of earliest event reported
Riot Blockchain, Inc. (company) — Former company name
Bioptix, Inc. (company) — Former company name
Venaxis, Inc. (company) — Former company name

FAQ

What is the nature of the material definitive agreement entered into by Riot Platforms, Inc. on December 16, 2024?

The filing states that Riot Platforms, Inc. entered into a material definitive agreement on December 16, 2024, but the specific details of this agreement are not provided in the text.

What other events are reported in this 8-K filing by Riot Platforms, Inc.?

Besides the entry into a material definitive agreement, the filing also indicates 'Other Events' and the submission of 'Financial Statements and Exhibits'.

When did Riot Platforms, Inc. change its name from Riot Blockchain, Inc.?

Riot Platforms, Inc. changed its name from Riot Blockchain, Inc. on October 4, 2017.

What was Riot Platforms, Inc. called before it was Bioptix, Inc.?

Before being known as Bioptix, Inc., the company was named Venaxis, Inc., with a name change date of December 18, 2012.

In which state is Riot Platforms, Inc. incorporated?

Riot Platforms, Inc. is incorporated in Nevada.

From the Filing

0001558370-24-016437.txt : 20241220 0001558370-24-016437.hdr.sgml : 20241220 20241220164929 ACCESSION NUMBER: 0001558370-24-016437 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20241216 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241220 DATE AS OF CHANGE: 20241220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Riot Platforms, Inc. CENTRAL INDEX KEY: 0001167419 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 841553387 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33675 FILM NUMBER: 241568618 BUSINESS ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 BUSINESS PHONE: 303-794-2000 MAIL ADDRESS: STREET 1: 3855 AMBROSIA STREET, SUITE 301 CITY: CASTLE ROCK STATE: CO ZIP: 80109 FORMER COMPANY: FORMER CONFORMED NAME: Riot Blockchain, Inc. DATE OF NAME CHANGE: 20171004 FORMER COMPANY: FORMER CONFORMED NAME: Bioptix, Inc. DATE OF NAME CHANGE: 20161201 FORMER COMPANY: FORMER CONFORMED NAME: Venaxis, Inc. DATE OF NAME CHANGE: 20121218 8-K 1 riot-20241216x8k.htm 8-K Riot Platforms, Inc._December 16, 2024 0001167419 false 0001167419 2024-12-16 2024-12-16   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 16, 2024 Riot Platforms, Inc. (Exact name of registrant as specified in its charter)      Nevada      001-33675      84-1553387 (State or other jurisdiction of incorporation)  (Commission File Number)  (I.R.S. Employer Identification No.)  3855 Ambrosia Street , Suite 301 Castle Rock , CO 80109 (Address of principal executive offices) (303) 794-2000 (Registrant’s telephone number, including area code) (Former name, former address, and former fiscal year, if changed since last report.) Check the appropriate box below if the Form 8-K filing 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))      Title of each class      Trading Symbol(s)      Name of each exchange on which registered Common Stock, no par value per share  RIOT  Nasdaq Capital Market  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  ☐ 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.  ☐   Item 1.01 – Entry into a Material Definitive Agreement. On December 16, 2024, Riot Platforms, Inc. (the “ Company ”) and Coinbase, Inc., on behalf of itself and Coinbase Custody Trust Company, LLC, and, i