Riot Platforms Enters Material Definitive Agreement

Ticker: RIOT · Form: 8-K · Filed: 2025-05-23T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

TL;DR

Riot Platforms just signed a big deal, expect financial obligations.

AI Summary

On May 19, 2025, Riot Platforms, Inc. entered into a material definitive agreement, creating a direct financial obligation. The filing does not specify the counterparty or the exact nature of the obligation, but it is classified under 'Finance Services'.

Why It Matters

This filing indicates Riot Platforms has entered into a significant new agreement that likely involves financial commitments, potentially impacting its balance sheet and future operations.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the agreement and its financial implications introduces uncertainty, warranting a medium risk assessment.

Key Players & Entities

FAQ

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

The filing states that Riot Platforms, Inc. entered into a material definitive agreement on May 19, 2025, which also created a direct financial obligation or an obligation under an off-balance sheet arrangement. However, the specific details of this agreement are not provided in the excerpt.

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

The earliest event reported in this 8-K filing occurred on May 19, 2025.

What is Riot Platforms, Inc.'s SEC file number?

Riot Platforms, Inc.'s SEC file number is 001-33675.

What is Riot Platforms, Inc.'s Employer Identification Number (EIN)?

Riot Platforms, Inc.'s EIN is 84-1553387.

What was Riot Platforms, Inc. formerly known as?

Riot Platforms, Inc. was formerly known as Riot Blockchain, Inc. (name change effective October 4, 2017), Bioptix, Inc. (name change effective December 1, 2016), and Venaxis, Inc. (name change effective December 18, 2012).

From the Filing

0001558370-25-008138.txt : 20250523 0001558370-25-008138.hdr.sgml : 20250523 20250523165000 ACCESSION NUMBER: 0001558370-25-008138 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250519 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250523 DATE AS OF CHANGE: 20250523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Riot Platforms, Inc. CENTRAL INDEX KEY: 0001167419 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 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: 25983133 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-20250519x8k.htm 8-K Riot Platforms, Inc._May 19, 2025 0001167419 false 0001167419 2025-05-19 2025-05-19 ​ ​ 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):  May 19, 2025 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 or former address, 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)) Securities registered pursuant to Section 12(b) of the Exchange Act: ​ ​ ​ ​ ​ 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 May 19, 2025, Riot Platforms, Inc

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