RIOT PLATFORMS, INC. EARLY WARNING REPORT PRESS RELEASE REGARDING WAIVER AND IRREVOCABLE PROXY [Globe and Mail, The (Toronto, Canada)]
Bitfarms Ltd. (BITF)
Company Research
Source: Globe and Mail, The
On April 7, 2025, Riot delivered a waiver and irrevocable proxy (the "Waiver and Irrevocable Proxy") to the Company, pursuant to which Riot irrevocably waived and relinquished its rights under Section 2.2, Section 3.4, Section 3.5, Section 3.7 and Section 5 of the Settlement Agreement (the "Settlement Agreement") dated September 23, 2024 between the Company and Riot (as previously described in Riot's press release and early warning report dated September 23, 2024 and a copy of which is available under the Company's profile on SEDAR+), which provided, among other things: (i) that the Riot Nominee (as defined in the Settlement Agreement) be a member of the Company's Board of Directors (the " Board "); (ii) that the Board be comprised of not more than six members; (iii) that Riot has the right to nominate an individual to replace a previous Riot Nominee; (iv) that neither the Board nor the Company be entitled to remove the Riot Nominee, except in certain circumstances; and (v) that Riot
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BITF
Sec Filings
- 11/17/25 - Form 6-K
- 11/13/25 - Form 6-K
- 11/13/25 - Form 6-K
- BITF's page on the SEC website