CoinVoice has recently learned that, according to Bitcoin.com, Bitcoin mining companies Riot Platforms and Bitfarms announced in a joint announcement on September 23, 2024 that they had resolved their dispute through a settlement agreement. The agreement has been submitted to the U.S. Securities and Exchange Commission (SEC) and was reached before Bitfarms' special shareholders meeting on November 6, 2024.
Under the terms of the settlement, Riot agreed to withdraw its proposal to replace some directors on the Bitfarms board. In exchange, Bitfarms appointed Amy Freedman to the board and assigned her to key committees, including the Governance and Nominating Committee, the Compensation Committee, and any special committee of independent directors. [Original link]
