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Cipher Mining (Good Works Acquisition) Priced, Nasdaq: CIFR

Blank check company targeting a business experiencing financial distress or restructuring (completed 8/27/2021).

Industry: SPAC

First Day Return: -1.0%

Industry: SPAC

We are a blank check company. While our efforts in identifying a prospective target business for our initial business combination will not be limited to a particular industry or geographic region, we intend to initially focus our search on identifying a prospective target business that has experienced financial distress or has recently emerged from a financial restructuring. Our name, Good Works, embodies our secondary objective. Our company, through three of our officer and directors, has made available 750,000 founder shares (250,000 to each of three of them) to be contributed to non-profit organizations. Our management team and members of our board of directors have significant experience in financial restructuring and the operation of businesses in financial distress, investing experience, and experience managing businesses in a number of different industries. We intend to focus on pursuing an acquisition of or merger with target companies that are either in financial distress or have completed and emerged from a financial restructuring, which may have included a Chapter 11 bankruptcy court protection filing. We intend to focus our efforts on seeking and completing an initial business combination with an enterprise that has a value of between $400.0 million to $600.0 million.
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IPO Data
IPO File Date 08/25/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/19/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $150
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Houston, TX, United States
Founded 2020
Employees at IPO 1

Cipher Mining (Good Works Acquisition) (CIFR) Performance