CASTLE ROCK, Colo., July 08, 2022 (GLOBE NEWSWIRE) – – Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or the “Company”), an industry chief in Bitcoin (“BTC”) mining and facilitating is satisfied to declare that, to communicate its appreciation for investor support, Riot will make a magnanimous gift of $1.00 in Bitcoin to No Kid Hungry for the benefit of each and every remarkable investor that decisions in favor of issues relating to the Company’s impending Annual General Meeting of investors (the “AGM”). Upwards of 13 million youngsters in the United States live in food uncertain homes, meaning their families need more nourishment for each relative to carry on with a sound existence. No Kid Hungry is a public mission focused on finishing kid hunger in the United States through an assortment of food programs. A $50 gift to No Kid Hungry assists with giving up to 500 dinners to a kid battling with hunger. As an investor, not exclusively will your vote be utilized to decide significant business choices, however it will likewise add to an incredible cause.
The intermediary casting a ballot cutoff time is 11:59 p.m. ET on July 26, 2022.
We urge you to cast a ballot well ahead of the deadline.
Proposal Board Recommendation1. Appointment of Hubert Marleau to serve on the Board of Directors. “FOR” 2. Confirmation of the arrangement of Marcum LLP as the Company’s free enrolled public bookkeeping firm. “FOR” 3. Endorsement, on a warning premise, of the pay of the Named Executive Officers as revealed in the Proxy Statement. “FOR” 4. Endorsement to change the Articles of Incorporation of Riot Blockchain, Inc. to expand the quantity of portions of normal stock approved for issuance. “FOR” 5. Endorsement of the Third Amendment to the Riot Blockchain, Inc. 2019 Equity Incentive Plan to expand the quantity of offers held for issuance. “FOR”
Riot Blockchain AGM
The AGM is booked for 9:00 a.m. (Eastern Time) on Wednesday, July 27, 2022, online at www.virtualstockholdermeeting.com/RIOT2022.
Additional data concerning the proposition can be found in the authoritative intermediary explanation dated June 17, 2022.
HOW TO VOTE
Please vote your portions, through the techniques as set out underneath, by adhering to the guidelines remembered for your intermediary card:
Vote by Internet: Vote by Phone: 1-866-620-9211 or 1-800-690-6903
Vote via Mail: c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.
Important Information
This correspondence might be considered to be requesting material regarding the recommendations to be considered at the Company’s impending AGM. Regarding the recommendations, Riot documented a conclusive intermediary proclamation on Schedule 14A with the U.S. Protections and Exchange Commission (the “SEC”) on June 17, 2022. Investors are encouraged to peruse the authoritative intermediary proclamation and any remaining significant records documented with the SEC since they contain significant data about the proposition. An electronic duplicate of the conclusive intermediary proclamation is accessible on the Company’s EDGAR profile at www.sec.gov.
Participants in the Solicitation
Riot and its chiefs and top dogs might be considered to be members in the sales of intermediaries from Riot Blockchain investors in regard of the recommendations to be considered at the Company’s forthcoming AGM. Data about the chiefs and bosses of Riot Blockchain can be found in its Annual Report on Form 10-K for the year finished December 31, 2021, as changed on Form 10-K/A, recorded with the SEC on March 16, 2022 and May 2, 2022 separately, filings on Form 3, 4 and 5 documented with the SEC, and the Company’s conclusive intermediary explanation for the impending AGM documented with the SEC on June 17, 2022.
About Riot Blockchain, Inc.
Riot Blockchain’s (NASDAQ: RIOT) vision is to be the world’s driving Bitcoin-driven framework platform.
Our mission is to influence the areas, organizations and networks that we contact emphatically. We accept that the mix of an imaginative soul and solid local area organization permits the Company to accomplish top tier execution and make effective outcomes.
Riot is a Bitcoin mining and computerized framework organization zeroed in on an in an upward direction coordinated procedure. The Company has Bitcoin mining server farm activities in focal Texas, Bitcoin mining tasks in focal Texas and upstate New York, and electrical switchgear designing and creation tasks in Denver, Colorado.
For more data, visit www.RiotBlockchain.com.
Investor Relations
Phil McPherson
Riot Blockchain, Inc.
303-794-2000 ext. 110
IR@riotblockchain.com
Safe Harbor
Statements in this public statement that are not authentic realities are forward-looking explanations that mirror the board’s ongoing assumptions, suppositions, and appraisals of future execution and financial circumstances. Such articulations depend on the protected harbor arrangements of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since such proclamations are likely to dangers and vulnerabilities, genuine outcomes might contrast tangibly from those communicated or suggested by such forward-looking assertions. Words, for example, “anticipates,” “believes,” “plans,” “expects,” “intends,” “will,” “potential,” “hope,” and comparable articulations are expected to recognize forward-looking proclamations. These forward-looking proclamations might incorporate, however are not restricted to, explanations about the advantages of acquisitions, including monetary and working outcomes, and the Company’s arrangements, targets, assumptions, and goals. Among the dangers and vulnerabilities that could make genuine outcomes contrast from those communicated in forward-looking assertions incorporate, yet are not restricted to: unaudited assessments of Bitcoin creation; our future hash rate development (EH/s); the expected advantages, development timetable, and expenses related with the Navarro site extension; our normal timetable of new excavator conveyances; our capacity to effectively send new diggers; M.W. limit a work in progress; we will be unable to understand the expected advantages from submersion cooling; the coordination of gained organizations may not find success, or such joining might take more time or be more troublesome, tedious or expensive to achieve than expected; inability to in any case acknowledge expected efficiencies and key and monetary advantages from our acquisitions; and the effect of COVID-19 on us, our clients, or on our providers regarding our assessed courses of events. Itemized data in regards to the variables distinguished by the Company’s administration which they accept may make genuine outcomes vary really from those communicated or suggested by such forward-looking assertions in this public statement might be tracked down in the Company’s filings with the U.S. Protections and Exchange Commission (the “SEC”), including the dangers, vulnerabilities and different variables talked about under the areas entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” of the Company’s Annual Report on Form 10-K for the monetary year finished December 31, 2021, as altered, and different filings the Company makes with the SEC, duplicates of which might be gotten from the SEC’s site, www.sec.gov. All forward-looking assertions remembered for this official statement are made exclusively as of the date of this public statement, and the Company repudiates any aim or commitment to refresh or update any such forward-looking assertions to reflect occasions or conditions that consequently happen, or of which the Company from now on becomes mindful, besides as legally necessary. People perusing this official statement are advised not to put unnecessary dependence on such forward-looking articulations.
