Bitfarms and Riot Announce Settlement - Bitfarms Ltd. (BITF)
WEB1 day ago · Bitfarms and Riot Announce Settlement. This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec and CASTLE ROCK, Colo., Sept. 23, 2024 (GLOBE NEWSWIRE ...
Bitfarms, Riot settle dispute with board changes - Cointelegraph
WEB1 day ago · In August, Riot Platforms purchased an additional $2.28 million to acquire an 18.9% stake in Bitfarms. Riot also sought significant board changes in the company, including the appointment of three ...
Bitfarms reaches agreement with Riot, Freedman appointed to board
WEB1 day ago · Riot has accused Bitfarms of lacking solid corporate governance. It currently owns a roughly 19.9% stake in Bitfarms. ... Reuters, the news and media division of Thomson Reuters, is the world’s ...
Months-long dispute between Bitfarms and Riot Platforms draws …
WEB1 day ago · The public dispute between Toronto-based Bitcoin mining company Bitfarms and its investor and competitor Riot Platforms is finally drawing to a close, as both companies have entered into a settlement agreement that includes key changes to Bitfarms’ board.. As part of the settlement, which was filed with the United States Securities and Exchange Commission today, director Andrés ...
Crypto Miner Truce Leaves Open the Possibility of Riot Taking …
WEB1 day ago · September 23, 2024 at 2:24 PM EDT. Save. While Bitcoin miner Bitfarms Ltd.has brokered a truce with Riot Platforms Inc.over a months-long takeover fight, the agreement still leaves open the ...
Bitfarms reaches agreement with Riot, Freedman appointed to board
WEB1 day ago · Mon, Sep 23, 2024, 7:41 AM 1 min read. (Reuters) - Bitcoin miner Bitfarms said on Monday it had entered into a settlement agreement with rival and top shareholder Riot Platforms, under which Amy ...
Bitfarms, Riot Announce Settlement Agreement - Bloomberg Law …
WEB1 day ago · Bitfarms and Riot Platforms announced that they have entered into a settlement agreement ahead of Bitfarms’ special meeting, currently scheduled for Nov 6. Bitfarms’ Andrés Finkielsztain has stepped down from the board of directors. Standstill agreement through 2026 annual meeting. Riot has agreed to withdraw its June 24 requisition, as ...
Bitcoin Miner Riot Platforms (RIOT) Ditches Bitfarms (BITF) …
WEBJun 24, 2024 · Bitcoin miner Riot Platforms (RIOT) dropped its proposal to buy peer Bitfarms (BITF) and is looking to overhaul the board before engaging in further takeover attempts.
Riot Platforms and Bitfarms Settle Acquisition Conflict
WEB16 hours ago · Riot bought 1.5M Bitfarms shares yesterday at a $2.45 avg. Riot owns 47.8M shares, or approx 12% of BITF. Riot is a legitimate activist but whether they can gain enough sway on the Bitfarms board is an open question. ... most popular news. Elon Musk’s xAI Colossus Supercomputer Comes Online …
Bitcoin Miners Riot Platforms and Bitfarms Reach ... - BeInCrypto
WEB1 day ago · Riot Platforms and Bitfarms have finalized a settlement, ending the acquisition bid and signaling a strategic shift. As part of the agreement, Bitfarms appointed Amy Freedman to its Board, marking a new direction in governance. Riot retains a 19.9% stake in Bitfarms but will not pursue an immediate takeover following this settlement.
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