Riot Blockchain, Inc. Announces $1.00 Charitable Donation in Bitcoin to No Kid Hungry on Behalf of Every Unique Stockholder That Votes
July 08 2022 - 4:30PM
Riot Blockchain, Inc. (NASDAQ: RIOT) (“
Riot,”
“
Riot Blockchain” or the
“
Company”), an industry leader in Bitcoin
(“
BTC”) mining and hosting is pleased to announce
that, to express its appreciation for stockholder participation,
Riot will make a charitable donation of $1.00 in Bitcoin to No Kid
Hungry on behalf of every unique stockholder that votes for matters
pertaining to the Company’s upcoming Annual General Meeting of
stockholders (the “
AGM”). As many as 13 million
children in the United States live in food insecure homes, meaning
their households do not have enough food for every family member to
lead a healthy life. No Kid Hungry is a national campaign committed
to ending child hunger in the United States through a variety of
food programs. A $50 gift to No Kid Hungry helps to provide up to
500 meals for a child struggling with hunger. As a stockholder, not
only will your vote be used to determine important business
decisions, but it will also contribute to a great cause.
The proxy voting deadline is 11:59 p.m. ET on July 26,
2022.We encourage you to vote well in advance of
the deadline. |
Proposal |
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Board Recommendation |
1. |
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Election of Hubert Marleau to serve on the Board of Directors. |
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“FOR” |
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2. |
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Ratification of the appointment of Marcum LLP as the Company’s
independent registered public accounting firm. |
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“FOR” |
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3. |
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Approval, on an advisory basis, of the compensation of the Named
Executive Officers as disclosed in the Proxy Statement. |
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“FOR” |
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4. |
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Approval to amend the Articles of Incorporation of Riot Blockchain,
Inc. to increase the number of shares of common stock authorized
for issuance. |
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“FOR” |
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5. |
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Approval of the Third Amendment to the Riot Blockchain, Inc. 2019
Equity Incentive Plan to increase the number of shares reserved for
issuance. |
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“FOR” |
Riot Blockchain AGM
The AGM is scheduled for 9:00 a.m. (Eastern
Time) on Wednesday, July 27, 2022, online at
www.virtualstockholdermeeting.com/RIOT2022.
Additional information concerning the proposals
can be found in the definitive proxy statement dated June 17,
2022.
HOW TO VOTE
Please vote your shares, via the methods as set out below, by
following the instructions included on your proxy card:
- Vote by Internet:
- Before the Meeting –
www.proxyvote.com
- During the Meeting –
www.virtualstockholdermeeting.com/RIOT2022
- Vote by Phone:
1-866-620-9211 or 1-800-690-6903
- Vote by Mail: c/o
Broadridge, 51 Mercedes Way, Edgewood, NY 11717.
Important Information
This communication may be deemed to be
solicitation material in connection with the proposals to be
considered at the Company’s upcoming AGM. In connection with the
proposals, Riot filed a definitive proxy statement on
Schedule 14A with the U.S. Securities and Exchange Commission
(the “SEC”) on June 17, 2022. Stockholders are
urged to read the definitive proxy statement and all other relevant
documents filed with the SEC because they contain important
information about the proposals. An electronic copy of the
definitive proxy statement is available on the Company’s EDGAR
profile at www.sec.gov.
Participants in the
Solicitation
Riot and its directors and executive officers
may be deemed to be participants in the solicitation of proxies
from Riot Blockchain stockholders in respect of the proposals to be
considered at the Company’s upcoming AGM. Information about the
directors and executive officers of Riot Blockchain can be found in
its Annual Report on Form 10-K for the year ended
December 31, 2021, as amended on Form 10-K/A, filed with the
SEC on March 16, 2022 and May 2, 2022 respectively, filings on
Form 3, 4 and 5 filed with the SEC, and the Company’s
definitive proxy statement for the upcoming AGM filed with the SEC
on June 17, 2022.
About Riot Blockchain, Inc.
Riot Blockchain’s (NASDAQ: RIOT) vision is to be
the world’s leading Bitcoin-driven infrastructure platform.
Our mission is to positively impact the sectors,
networks and communities that we touch. We believe that the
combination of an innovative spirit and strong community
partnership allows the Company to achieve best-in-class execution
and create successful outcomes.
Riot is a Bitcoin mining and digital
infrastructure company focused on a vertically integrated strategy.
The Company has Bitcoin mining data center operations in central
Texas, Bitcoin mining operations in central Texas and upstate New
York, and electrical switchgear engineering and fabrication
operations in Denver, Colorado.
For more information, visit
www.RiotBlockchain.com.
Investor Relations
Phil McPhersonRiot Blockchain, Inc.303-794-2000
ext. 110IR@riotblockchain.com
Safe Harbor
Statements in this press release that are not
historical facts are forward-looking statements that reflect
management’s current expectations, assumptions, and estimates of
future performance and economic conditions. Such statements rely on
the safe harbor provisions of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934.
Because such statements are subject to risks and uncertainties,
actual results may differ materially from those expressed or
implied by such forward-looking statements. Words such as
“anticipates,” “believes,” “plans,” “expects,” “intends,” “will,”
“potential,” “hope,” and similar expressions are intended to
identify forward-looking statements. These forward-looking
statements may include, but are not limited to, statements about
the benefits of acquisitions, including financial and operating
results, and the Company’s plans, objectives, expectations, and
intentions. Among the risks and uncertainties that could cause
actual results to differ from those expressed in forward-looking
statements include, but are not limited to: unaudited estimates of
Bitcoin production; our future hash rate growth (EH/s); the
anticipated benefits, construction schedule, and costs associated
with the Navarro site expansion; our expected schedule of new miner
deliveries; our ability to successfully deploy new miners; M.W.
capacity under development; we may not be able to realize the
anticipated benefits from immersion-cooling; the integration of
acquired businesses may not be successful, or such integration may
take longer or be more difficult, time-consuming or costly to
accomplish than anticipated; failure to otherwise realize
anticipated efficiencies and strategic and financial benefits from
our acquisitions; and the impact of COVID-19 on us, our customers,
or on our suppliers in connection with our estimated timelines.
Detailed information regarding the factors identified by the
Company’s management which they believe may cause actual results to
differ materially from those expressed or implied by such
forward-looking statements in this press release may be found in
the Company’s filings with the U.S. Securities and Exchange
Commission (the “SEC”), including the risks, uncertainties and
other factors discussed under the sections entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements” of the
Company’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2021, as amended, and the other filings the Company
makes with the SEC, copies of which may be obtained from the SEC’s
website, www.sec.gov. All forward-looking statements included in
this press release are made only as of the date of this press
release, and the Company disclaims any intention or obligation to
update or revise any such forward-looking statements to reflect
events or circumstances that subsequently occur, or of which the
Company hereafter becomes aware, except as required by law. Persons
reading this press release are cautioned not to place undue
reliance on such forward-looking statements.
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