Aug. 9, 2022, 9:30 PM
Riot Blockchain says it wants extra time to finish its goodwill impairment evaluation, and expects to file its quarterly report with the SEC throughout the five-day extension interval.
- Riot Blockchain “is required to carry out goodwill impairment assessments at the least yearly, and extra steadily if indicators of impairment exist,” the corporate stated within the submitting
- “In response to current hostile modifications in enterprise local weather, together with decreases within the value of Bitcoin and elevated volatility of fairness markets, as evidenced by declines available in the market value of the Registrant’s securities, these of its friends, and main market indices, the Registrant has decided …
