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Bitfarms and Riot Announce Settlement - Bitfarms (NASDAQ:BITF), Mandalay Resources (OTC:MNDJF)

Summary by Benzinga
Andrés Finkielsztain Steps Down from Board - - Bitfarms Appoints Amy Freedman to Board of Directors - - Board to Nominate an Independent Director for Election at Special Meeting - - Standstill Agreement Through 2026 Annual Meeting - 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…

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Channel News AsiaChannel News Asia

Bitfarms reaches agreement with Riot, Freedman appointed to board

Bitcoin miner Bitfarms said on Monday it had entered into a settlement agreement with rival and top shareholder Riot Platforms, under which Amy Freedman was appointed to its board. Freedman, a former investment banker who has helped companies with corporate governance matters, will replace Andrés Finkiel

·Singapore
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BenzingaBenzinga

Bitfarms and Riot Announce Settlement - Bitfarms (NASDAQ:BITF), Mandalay Resources (OTC:MNDJF)

Andrés Finkielsztain Steps Down from Board - - Bitfarms Appoints Amy Freedman to Board of Directors - - Board to Nominate an Independent Director for Election at Special Meeting - - Standstill Agreement Through 2026 Annual Meeting - 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…

·New York, United States
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Financial PostFinancial Post

Crypto Miner Truce Leaves Open the Possibility of Riot Taking Over Bitfarms

(Bloomberg) — While Bitcoin miner Bitfarms Ltd. has brokered a truce with Riot Platforms Inc. over a months-long takeover fight, the agreement still leaves open the possibility for an acquisition.

·Canada
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Live MintLive Mint

Crypto Miner Truce Leaves Open the Possibility of Riot Taking Over Bitfarms

While Bitcoin miner Bitfarms Ltd. has brokered a truce with Riot Platforms Inc. over a months-long takeover fight, the agreement still leaves open the possibility for an acquisition.

·New Delhi, India
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CointelegraphCointelegraph

Bitfarms, Riot settle dispute with board changes

Bitfarms’ board will see Andrés Finkielsztain step down, while Amy Freedman and a sixth member will join the board.

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Bitcoin.comBitcoin.com

Bitcoin Miners Riot and Bitfarms Reach Settlement Ahead of Shareholder Meeting – Mining Bitcoin News

Riot Platforms and Bitfarms have resolved their dispute following a settlement agreement detailed in a joint announcement on Sept. 23, 2024. The agreement, which was filed with the U.S. Securities and Exchange Commission (SEC), comes ahead of Bitfarms’ special shareholder meeting on Nov. 6, 2024. Riot Withdraws Bid to Restructure Bitfarms’ Board in Settlement Deal […]

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