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Billybob_TX

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Billybob_TX

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Re: RIGATONI post# 354396

Tuesday, 03/09/2021 8:13:49 PM

Tuesday, March 09, 2021 8:13:49 PM

Post# of 383582
Although the public SPAC owners only get 7.5% of the merger partner, it is still a heck of a deal.

The transaction values the combined company at an enterprise value of US $2.0 billion.

Good Works, inclusive of its founder shares will own approximately 7.5%

https://www.businesswire.com/news/home/20210305005234/en/Cipher-Mining-Inc.-a-Newly-Formed-US-based-Bitcoin-Mining-Company-to-Become-a-Publicly-Traded-Company-via-a-Merger-with-Good-Works-Acquisition-Corp

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