<SEC-DOCUMENT>0001140361-22-026988.txt : 20220726
<SEC-HEADER>0001140361-22-026988.hdr.sgml : 20220726
<ACCEPTANCE-DATETIME>20220726162859
ACCESSION NUMBER:		0001140361-22-026988
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220726
DATE AS OF CHANGE:		20220726

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Riot Blockchain, Inc.
		CENTRAL INDEX KEY:			0001167419
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				841553387
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33675
		FILM NUMBER:		221107423

	BUSINESS ADDRESS:	
		STREET 1:		3855 AMBROSIA STREET, SUITE 301
		CITY:			CASTLE ROCK
		STATE:			CO
		ZIP:			80109
		BUSINESS PHONE:		303-794-2000

	MAIL ADDRESS:	
		STREET 1:		3855 AMBROSIA STREET, SUITE 301
		CITY:			CASTLE ROCK
		STATE:			CO
		ZIP:			80109

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Bioptix, Inc.
		DATE OF NAME CHANGE:	20161201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Venaxis, Inc.
		DATE OF NAME CHANGE:	20121218

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AspenBio Pharma, Inc.
		DATE OF NAME CHANGE:	20051110
</SEC-HEADER>
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          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">UNITED STATES</div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
          <div><br>
          </div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 18pt; font-weight: bold;">SCHEDULE 14A</div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934, as Amended</div>
        </div>
        <div>
          <div><br>
          </div>
          <div style="color: rgb(0, 0, 0);">Filed by the Registrant &#9746;</div>
          <div style="color: rgb(0, 0, 0);">Filed by a Party other than the Registrant &#8201;&#9744;</div>
          <div style="color: rgb(0, 0, 0);">Check the appropriate box:</div>
          <div><br>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9744;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Preliminary Proxy Statement</div>
              </td>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9744;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: rgb(0, 0, 0); font-weight: bold;">Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</div>
              </td>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9744;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Definitive Proxy Statement</div>
              </td>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9746;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Definitive Additional Materials</div>
              </td>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9744;</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: rgb(0, 0, 0);">Soliciting Material under Section 240.14a-12</div>
              </td>
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          <div><br>
          </div>
        </div>
        <div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-size: 24pt; font-weight: bold;">RIOT BLOCKCHAIN, INC.</div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">(Name of Registrant as Specified in its Charter)</div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;"> <br>
          </div>
          <div style="text-align: center; color: rgb(0, 0, 0); font-weight: bold;">(Name of Person(s) Filing Proxy Statement, if other than the Registrant)</div>
        </div>
        <div><br>
        </div>
        <div>Payment of Filing Fee (Check all boxes that apply):</div>
        <div><br>
        </div>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9746;</td>
              <td style="width: auto; vertical-align: top;">
                <div>No fee required</div>
              </td>
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              <td style="width: 14.5pt; vertical-align: top; color: rgb(0, 0, 0);">&#9744;</td>
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                <div>Fee paid previously with preliminary materials</div>
              </td>
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              <td style="width: auto; vertical-align: top;">
                <div>Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11</div>
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              <div style="text-align: center; color: #000000; font-weight: bold;">SUPPLEMENT TO THE PROXY STATEMENT</div>
              <div style="text-align: center; color: #000000; font-weight: bold;">FOR THE ANNUAL MEETING OF STOCKHOLDERS</div>
              <div style="text-align: center; color: #000000; font-weight: bold;">TO BE HELD ON JULY 27, 2022</div>
            </div>
            <div>
              <div><br>
              </div>
            </div>
            <div>
              <div style="text-align: justify; color: #000000;">The following information supplements the definitive proxy statement (the &#8220;Proxy Statement&#8221;) of Riot Blockchain, Inc. (the &#8220;Company&#8221; or &#8220;Riot&#8221;) filed on Schedule 14A with the U.S. Securities
                and Exchange Commission (the &#8220;SEC&#8221;) on June 17, 2022, in connection with the solicitation of proxies by the Board of Directors (the &#8220;Board&#8221;) of the Company for the 2022 Annual General Meeting of stockholders (the &#8220;Annual Meeting&#8221;) scheduled
                to be held at 9:00 a.m., Eastern Time, on July 27, 2022. This supplement to the Proxy Statement (this &#8220;Supplement&#8221;) is being filed with the SEC and being made available to stockholders on or about July 26, 2022.</div>
              <div style="text-align: justify;"><font style="color: #000000;"> </font><br>
              </div>
              <div style="text-align: justify; color: #000000;">Except as described in this Supplement, the information disclosed in the Proxy Statement remains in full force. To the extent that information in this Supplement differs from information
                disclosed in the Proxy Statement, the information in this Supplement will apply.</div>
              <div style="text-align: justify;"><font style="color: #000000;"> </font><br>
              </div>
            </div>
            <div>
              <div style="color: #000000; font-weight: bold;"><u>Withdrawal of Proposal 4 From Stockholder Consideration</u></div>
            </div>
            <div>
              <div><br>
              </div>
              <div style="text-align: justify; color: #000000;">The purpose of this Supplement is to withdraw from stockholder consideration at the Annual Meeting Proposal 4 set forth in the Proxy Statement, which asked for stockholder approval of amending
                the Company&#8217;s current Articles of Incorporation to increase the number of shares of common stock authorized for issuance thereunder. The Company is no longer pursuing stockholder approval of Proposal 4. Accordingly, Proposal 4 is hereby
                withdrawn from stockholder consideration at the Annual Meeting, and the Proxy Statement is hereby amended to remove Proposal 4. Except as amended by this Supplement, the Proxy Statement remains in full force.</div>
              <div><br>
              </div>
              <div style="text-align: justify; color: #000000;">The Company will hold the Annual Meeting as previously scheduled, and at the Annual Meeting, the Company intends to hold the vote on all matters in the Proxy Statement, except Proposal 4. No
                vote will be taken with respect to Proposal 4 at the Annual Meeting. Therefore, any votes cast regarding Proposal 4 will neither be tabulated nor reported.</div>
              <div><br>
              </div>
              <div style="text-align: justify; color: #000000;">The Board reserves the right to revisit the possibility of increasing the number of shares of common stock authorized for issuance or any alternative proposal at any point in the future on
                such terms as may be determined at that time to be in the best interest of the Company and its stockholders.</div>
              <div><br>
              </div>
            </div>
            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>Following Removal of Proposal 4, Important Matters Regarding Voting</u></div>
            <div><br>
            </div>
            <div>
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                    <td style="width: 18pt; vertical-align: top; align: right; color: #000000;">&#8226;</td>
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                      <div style="color: #000000;">The Record Date for determining the stockholders entitled to receive notice of, and to vote at, the Annual Meeting has been set and remains as the close of business on May 31, 2022.</div>
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                  <td style="width: 18pt; vertical-align: top; align: right; color: #000000;">&#8226;</td>
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                    <div style="color: #000000;">The Company will not make available or distribute, and you do not need to sign new proxy cards or submit new voting instructions solely as a result of the withdrawal of Proposal 4.</div>
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                  <td style="width: 18pt; vertical-align: top; align: right; color: #000000;">&#8226;</td>
                  <td style="width: auto; vertical-align: top; text-align: justify;">
                    <div style="color: #000000;">Proxy cards or voting instructions received with direction on Proposal 4 will not be voted on Proposal 4. Proxy cards or voting instructions received and providing direction on the remaining proposals to be
                      considered at the Annual Meeting (<font style="font-style: italic;">i.e.</font>, Proposals 1, 2, 3 and 5) will remain valid, and will be voted on those Proposals as directed.</div>
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                  <td style="width: 18pt; vertical-align: top; align: right; color: #000000;">&#8226;</td>
                  <td style="width: auto; vertical-align: top; text-align: justify;">
                    <div style="color: #000000;">If you already submitted a proxy card or voting instructions, you do not need to resubmit proxies or voting instructions with different directions, unless you wish to change votes previously cast on the
                      remaining proposals. You may change your vote at any time prior to the Annual Meeting.</div>
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            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>2022 Annual Meeting of the Stockholders of Riot Blockchain</u></div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">The Annual Meeting is scheduled for 9:00 a.m. (Eastern Time) on Wednesday, July 27, 2022, online at www.virtualstockholdermeeting.com/RIOT2022. Only those stockholders of record as of the Record
              Date of May 31, 2022, are entitled to vote and participate in the Annual Meeting.</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">Additional information concerning the proposals can be found in the definitive Proxy Statement dated June 17, 2022, as filed with the SEC.</div>
            <div>&#160;</div>
            <div style="font-weight: bold;"><u>HOW TO VOTE</u></div>
            <div>&#160;</div>
            <div>Please vote your shares, via the methods as set out below, by following the instructions included on your proxy card:</div>
            <div>&#160;</div>
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                    <div style="font-weight: bold;">Vote by Internet:</div>
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                  <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
                  <td style="width: auto; vertical-align: top;">
                    <div>Before the Meeting &#8211; <u>www.proxyvote.com</u></div>
                  </td>
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                  <td style="width: 18pt; vertical-align: top; align: right;">&#8226;</td>
                  <td style="width: auto; vertical-align: top;">
                    <div>During the Meeting &#8211; <u>www.virtualstockholdermeeting.com/RIOT2022</u></div>
                  </td>
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            </table>
            <div>&#160;</div>
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                  <td style="width: 18pt; vertical-align: top; align: right;">&#10004;</td>
                  <td style="width: auto; vertical-align: top;">
                    <div><font style="font-weight: bold;">Vote by Phone: </font>1-866-620-9211 or<font style="font-weight: bold;">&#160;</font>1-800-690-6903</div>
                  </td>
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            </table>
            <div>&#160;</div>
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                  <td style="width: 18pt; vertical-align: top; align: right;">&#10004;</td>
                  <td style="width: auto; vertical-align: top;">
                    <div><font style="font-weight: bold;">Vote by Mail:</font> c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.</div>
                  </td>
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            <div>&#160;</div>
            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>Important Information</u></div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">This communication may be deemed to be solicitation material in connection with the proposals to be considered at the Company&#8217;s upcoming Annual Meeting. In connection with the proposals, Riot
              filed the definitive Proxy Statement on Schedule 14A with the SEC on June 17, 2022. Stockholders are urged to read the definitive Proxy Statement and all other relevant documents filed with the SEC because they contain important information
              about the proposals. An electronic copy of the definitive Proxy Statement is available on the Company&#8217;s EDGAR profile at www.sec.gov.</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>Participants in the Solicitation</u></div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">Riot and its directors and executive officers may be deemed to be participants in the solicitation of proxies from Riot Blockchain stockholders in respect of the proposals to be considered at
              the Company&#8217;s upcoming Annual Meeting. Information about the directors and executive officers of Riot Blockchain can be found in its Annual Report on Form 10-K for the year ended December 31, 2021, as amended on Form 10-K/A, filed with the
              SEC on March 16, 2022 and May 2, 2022 respectively, filings on Form 3, 4 and 5 filed with the SEC, and the Company&#8217;s definitive Proxy Statement for the upcoming Annual Meetingfiled with the SEC on June 17, 2022.</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>About Riot Blockchain, Inc.</u></div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">Riot Blockchain&#8217;s (NASDAQ: RIOT) vision is to be the world&#8217;s leading Bitcoin-driven infrastructure platform.</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">Our mission is to positively impact the sectors, networks and communities that we touch.&#160; We believe that the combination of an innovative spirit and strong community partnership allows the
              Company to achieve best-in-class execution and create successful outcomes.</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">Riot is a Bitcoin mining and digital infrastructure company focused on a vertically integrated strategy. The Company has Bitcoin mining data center development operations in central Texas,
              Bitcoin mining operations in central Texas, and electrical switchgear engineering and fabrication operations in Denver, Colorado.</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">For more information, visit www.RiotBlockchain.com.</div>
            <div style="text-align: justify; color: #000000;"> <br>
            </div>
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            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>Investor Relations</u></div>
            <div><br>
            </div>
            <div style="text-align: justify; color: #000000;">Phil McPherson</div>
            <div style="text-align: justify; color: #000000;">Riot Blockchain, Inc.</div>
            <div style="text-align: justify; color: #000000;">303-794-2000 ext. 110</div>
            <div style="text-align: justify; color: #000000;">IR@riotblockchain.com</div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000; font-weight: bold;"><u>Safe Harbor</u></div>
            <div>&#160;</div>
            <div style="text-align: justify; color: #000000;">Statements in this Supplement that are not historical facts are forward-looking statements that reflect management&#8217;s current expectations, assumptions, and estimates of future performance and
              economic conditions. Such statements rely on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Because such statements are subject to risks and uncertainties,
              actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;will,&#8221; &#8220;potential,&#8221; &#8220;hope,&#8221; and similar expressions are intended
              to identify forward-looking statements. These forward-looking statements may include, but are not limited to, statements about the benefits of acquisitions, including financial and operating results, and the Company&#8217;s plans, objectives,
              expectations, and intentions. Among the risks and uncertainties that could cause actual results to differ from those expressed in forward-looking statements include, but are not limited to: unaudited estimates of Bitcoin production; our
              future hash rate growth (EH/s); the anticipated benefits, construction schedule, and costs associated with the Navarro site expansion; our expected schedule of new miner deliveries; our ability to successfully deploy new miners; megawatts of
              capacity under development; we may not be able to realize the anticipated benefits from immersion-cooling; the integration of acquired businesses may not be successful, or such integration may take longer or be more difficult, time-consuming
              or costly to accomplish than anticipated; failure to otherwise realize anticipated efficiencies and strategic and financial benefits from our acquisitions; and the impact of COVID-19 on us, our customers, or on our suppliers in connection
              with our estimated timelines. Detailed information regarding the factors identified by the Company&#8217;s management which they believe may cause actual results to differ materially from those expressed or implied by such forward-looking
              statements in this press release may be found in the Company&#8217;s filings with the SEC, including the risks, uncertainties and other factors discussed under the sections entitled &#8220;Risk Factors&#8221; and &#8220;Cautionary Note Regarding Forward-Looking
              Statements&#8221; of the Company&#8217;s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as amended, and the other filings the Company makes with the SEC, copies of which may be obtained from the SEC&#8217;s website, www.sec.gov. All
              forward-looking statements included in this Supplement are made only as of the date hereof, and the Company disclaims any intention or obligation to update or revise any such forward-looking statements to reflect events or circumstances that
              subsequently occur, or of which the Company hereafter becomes aware, except as required by law. Persons reading this Supplement are cautioned not to place undue reliance on such forward-looking statements.</div>
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