Riot Nominates Three Candidates To Reconstitute Bitfarms Board - Quick Facts

(RTTNews) - Riot Platforms (RIOT) has requisitioned a special meeting of Bitfarms (BITF) shareholders to reconstitute the Bitfarms Board. Riot said the special meeting will give Bitfarms shareholders the opportunity to vote on the removal of Bitfarms Chairman and Interim CEO Nicolas Bonta and director Andrs Finkielsztain. Also, Riot has nominated three candidates: John Delaney, Amy Freedman and Ralph Goehring. Riot said the nominees are completely independent of Riot and Bitfarms.

Riot said it continues to believe that a combination of Bitfarms and Riot will create the premier and largest publicly listed Bitcoin miner globally. Riot owns approximately 14.9% of Bitfarms, making it Bitfarms' largest shareholder.