SECsense Logo

Cipher Mining Inc. 8-K Report: Stock & Warrant Insights for Investors

$CIFR
Form 8-K
Filed on: 2025-02-25
Source
Cipher Mining Inc. 8-K Report: Stock & Warrant Insights for Investors

Here are the key insights extracted from the provided section of the financial report:

  1. Entity Information:
  • Company Name: Cipher Mining Inc.
  • CIK Number: 0001819989
  • SEC File Number: 001-39625
  • Tax ID: 85-1614529
  • Address: 1 Vanderbilt Avenue, New York, NY 10017
  • Phone Number: 332-262-2300
  1. Common Stock Details:
  • Par Value: $0.001 per share
  • Ticker Symbol: CIFR
  • Exchange: NASDAQ
  1. Warrants Information:
  • Description: Each whole warrant is exercisable for one share of Common Stock.
  • Exercise Price: $11.50 per share.
  • Ticker Symbol for Warrants: CIFRW
  • Exchange for Warrants: NASDAQ
  1. Filing Context:
  • Filing Type: 8-K
  • Filing Date: February 25, 2025
  1. Financial Reporting Context:
  • The report includes segments related to common stock and warrants, indicating focus on equity instruments and potential dilution or funding mechanisms through warrants.

Insights:

  • Cipher Mining Inc. is publicly traded on NASDAQ with a low par value for its common stock, indicative of a potentially high number of shares outstanding.
  • The company also has warrants that may provide additional capital if exercised, suggesting strategies for funding or expansion.
  • The specific exercise price of the warrants indicates a potential point for investor interest, as it is higher than the par value of the common stock.
  • The filing is part of a regulatory obligation to inform investors about critical changes or information, which may influence investment decisions.

This information is crucial for stakeholders analyzing the company's capital structure and potential future performance.