Hut 8 Corp. Enters Material Definitive Agreement

Ticker: HUT · Form: 8-K · Filed: 2025-08-29T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

TL;DR

Hut 8 Corp. just signed a big deal with new financial obligations.

AI Summary

On August 25, 2025, Hut 8 Corp. entered into a material definitive agreement, creating a direct financial obligation. The filing details this agreement and related financial obligations, with the company's principal executive offices located at 1101 Brickell Avenue, Suite 1500, Miami, Florida.

Why It Matters

This filing indicates Hut 8 Corp. has entered into a significant new agreement that will create financial obligations for the company.

Risk Assessment

Risk Level: medium — Entering into new material definitive agreements and financial obligations can introduce new risks and uncertainties for a company.

Key Players & Entities

FAQ

What type of material definitive agreement did Hut 8 Corp. enter into?

The filing states that Hut 8 Corp. entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.

What is the nature of the direct financial obligation created by this agreement?

The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific terms are not detailed in this summary.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on August 25, 2025.

Where are Hut 8 Corp.'s principal executive offices located?

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

What is Hut 8 Corp.'s telephone number?

Hut 8 Corp.'s telephone number, including area code, is (305) 224-6427.

From the Filing

0001104659-25-085775.txt : 20250829 0001104659-25-085775.hdr.sgml : 20250829 20250829170234 ACCESSION NUMBER: 0001104659-25-085775 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250825 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: 20250829 DATE AS OF CHANGE: 20250829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hut 8 Corp. CENTRAL INDEX KEY: 0001964789 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 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: 251281838 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 tm2524762d1_8k.htm FORM 8-K false 0001964789 0001964789 2025-08-25 2025-08-25 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): August 25, 2025       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 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 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 ¨   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 August 25, 2025, Hut 8 MB One LLC, a Delaware limited liability company (the “Borrower”), Hut 8 Mining Holding Corp., a British Columbia corporation (“Pledgor”), each a wholly-owned subsidiary of Hut 8 Corp. (the “Company”), entered into a credit agreement (the “Credit Agreement”) by and among the Borrower, as borrower, Pledgor, as pledgor, and Two Prime Lending Limited (&#

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