Summary by Moomoo AI
Riot Platforms, Inc., a Nevada-based company listed on the Nasdaq Capital Market under the trading symbol RIOT, has filed a prospectus supplement with the SEC on February 26, 2024. This filing pertains to an at-the-market offering of common stock with an aggregate initial offering price of up to $750,000,000, known as the Placement Shares. This move follows a previous prospectus supplement filed on August 9, 2023, which registered shares of common stock up to the same amount. As of the filing date, $700,573,772 worth of shares had been sold under the 2023 Prospectus Supplement. The company has terminated the prior offering as of February 26, 2024, and will no longer offer or sell shares under the 2023 Prospectus Supplement. The Sales Agreement with various sales agents allows...Show More