Bitfarms Receives Shareholder Meeting Requisition [Yahoo! Finance]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance
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, Quebec, June 24, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms” or the “Company”), a global Bitcoin vertically integrated company, today confirmed that it has received a shareholder meeting requisition from Riot Platforms, Inc. (“Riot”). The shareholder meeting is being requisitioned to gain control of the Company's Board of Directors (the “Board”). Bitfarms issued the following statement: The Bitfarms Board of Directors and management team are committed to acting in the best interests of the Company and all of its shareholders. In that regard, the Board established a Special Committee of independent directors to conduct a strategic alternatives review process to thoroughly evaluate all opportunities to maximize shareholder value
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BITF
News
- Crypto Miner Truce Leaves Open the Possibility of Riot Taking Over Bitfarms [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Bitfarms Ltd. (NASDAQ: BITF) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $4.00 price target on the stock.MarketBeat
- Bitfarms reaches agreement with Riot, Freedman appointed to board [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitfarms reaches agreement with Riot, Freedman appointed to board [Yahoo! Finance]Yahoo! Finance
- Bitfarms agrees to board changes in settlement with Riot Platforms [Seeking Alpha]Seeking Alpha
BITF
Sec Filings
- 9/24/24 - Form 144
- 9/23/24 - Form 6-K
- 9/23/24 - Form 6-K
- BITF's page on the SEC website