secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001558370-24-011766
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms enters new $750M ATM equity facility, replacing prior $278M unsold balance
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- New Controlled Equity Offering Sales Agreement with eight sales agents for up to $750M of common stock at market prices.
- Prior $500M facility terminated; $278M remained unsold; no termination costs incurred.
- Company filed a new universal shelf registration and prospectus supplement on August 9, 2024.
- Sales Agents receive a commission of up to 3% of gross proceeds; offering may be suspended by either party.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024011766/0001558370-24-011766-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024011766/riot-20240805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-011766

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