other material
confidence high
sentiment negative
materiality 0.80
Riot Platforms files new $750M at-the-market equity program, replacing prior ATM
Riot Platforms, Inc.
- New prospectus supplement registers up to $750M in common stock for ATM sales through Cantor Fitzgerald and other agents.
- Prior ATM program registered under August 2023 supplement; $700.6M had been sold before termination on Feb 26, 2024.
- Sales agents will receive up to 3.0% commission on gross proceeds; offering may be suspended or terminated at any time.
- No shares were sold under the new program as of filing; only the registration and termination of the prior program were effectuated.