BRIEF-Riot Platforms enters into non-binding term sheet to acquire certain assets of Rhodium

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BRIEF-Riot Platforms enters into non-binding term sheet to acquire certain assets of Rhodium

, Reuters - 6:24 PM ET 3/21/2025 mergers-and-acquisitions

March 21 (Reuters) - Riot Platforms Inc ( RIOT ):

* RIOT PLATFORMS ANNOUNCES ENTRY INTO NON-BINDING TERM SHEET TO ACQUIRE CERTAIN ASSETS OF RHODIUM AND SETTLEMENT AGREEMENT

* RIOT PLATFORMS INC ( RIOT ) - TRANSACTION VALUED AT $185 MILLION

* RIOT PLATFORMS INC ( RIOT ) - RHODIUM TO TRANSFER ALL TANGIBLE PROPERTY AT ROCKDALE FACILITY

* RIOT PLATFORMS INC ( RIOT ) - WHINSTONE AND RHODIUM TO DISMISS ALL EXISTING LITIGATION Source text: Further company coverage:

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