SPAC · Merger completed
Good Works Acquisition Corp.
Business combination with Cipher Mining Technologies Inc.
Good Works Acquisition Corp. is a blank-check company (SPAC) that raised $150M in its initial public offering on Oct 20, 2020, listing on Nasdaq Capital Market. It completed its business combination with Cipher Mining Technologies Inc. on Aug 27, 2021; the combined company is Cipher Mining Inc. (CIFR). Schiff Hardin advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.
Cipher Mining Technologies Inc. is set up as an industrial-scale Bitcoin mining company. It expects to operate powerful computers that mine Bitcoin and validate transactions at four planned data centers in Ohio and Texas.
- Status
- Merger completed
- IPO date
- Oct 20, 2020
- IPO size
- $150M
- IPO exchange
- Nasdaq Capital Market
- Target
- Cipher Mining Technologies Inc.
- Announced
- Mar 5, 2021
- Closed
- Aug 27, 2021
- Combined company
- Cipher Mining Inc. (CIFR)
- SPAC counsel (IPO)
- Schiff Hardin
- Underwriters' counsel (IPO)
- Ellenoff Grossman & Schole
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Oct 20, 2020
- Deal announcement (8-K) Mar 5, 2021
- Press release
- All filings on EDGAR CIK 1819989
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