secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001104659-25-125324
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms enters $500M ATM equity offering, terminates prior $750M program
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- New sales agreement with 9 agents for up to $500M in common stock at-the-market.
- Commissions to agents up to 1% of gross proceeds from sales.
- Terminated 2024 sales agreement under which $600.5M was already sold; $149.5M unsold.
- No termination costs associated with ending the prior agreement.
- Offering may be suspended or terminated at any time; agent obligations limited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000110465925125324/0001104659-25-125324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000110465925125324/riot-20251230x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-125324

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer