secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2024-12-20T23:59:59+00:00
Accession:  0001558370-24-016437
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Riot Platforms enters Coinbase prime brokerage deal; registers 180K shares for resale
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- Entered Coinbase Prime Broker Agreement for custody, trade execution, lending, and post-trade credit services.
- Agreement governed by NY law; no financial terms disclosed; Coinbase may suspend or terminate on 30 days' notice or immediately on default.
- Filed prospectus supplement registering up to 180,000 shares of common stock for resale by XMS Capital Partners.
- Shares originally issued in 2019 and transferred to XMS Capital Partners on December 12, 2024.
- The resale registration is procedural; the Coinbase agreement is standard for Riot's digital asset operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024016437/0001558370-24-016437-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000155837024016437/riot-20241216x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-016437

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