Company: ARBK
Filing Date: 2025-09-30
Form Type: 6-K
Source: 0001654954-25-011205
Chunk: 10

Company: Argo Blockchain Plc
Filing Date: 2025-09-30
Form: 6-K
Chunk 10
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 the investee operates;

- There has been an equity transaction, subsequent to the Group's investment, which crystallises a valuation for the financial asset which is different to the valuation at which the Group invested. The asset's value will be adjusted to reflect this revised valuation; or

- An independently prepared valuation report exists for the investee within close proximity to the reporting date.

#### 14. COMMITMENTS
The Group's material contractual commitments relate to the hosting services agreement with Merkle Standard LLC, which provides hosting, power and support services at Merkle's facilities. The agreement for the Tennessee facility expires at the end of March 2026, and the agreement for the Washington facility expires at the end of April 2026. It is impracticable to determine monthly commitments due to large fluctuations in power usage and as such a commitment over the contract life has not been determined. The agreement is for services with no identifiable assets, therefore, there is no right of use asset associated with the agreement.

#### 15. RELATED PARTY TRANSACTIONS
**Key management compensation - all amounts in $000's

Key management includes Directors (executive and non-executive) and senior management. The compensation paid to related parties in respect of key management for employee services during the period was made only from Argo Blockchain PLC, amounting to:

● $47 (2024 - $68) to Webslinger Advisors Inc. in respect of fees of Matthew Shaw (Non-executive director)

● $73 (2024 - $63) in respect of fees for Maria Perrella (Non-executive director)

● $77 (2024 - $68) in respect of fees for Raghav Chopra (Non-executive director)

Total director fees and remuneration, paid directly and indirectly, totalled $470 (2024: $541).**

#### 16. SUBSEQUENT EVENTS
In September 2025, the Group entered into a First Amended and Restated Restructuring Plan Support Agreement with Growler Mining, LLC n/k/a Growler Mining Tuscaloosa, LLC and entered into a secured multi-draw term loan facility of up to US$7.5 million with Growler (to provide liquidity through the Recapitalization Plan process and has also entered into the Security Agreements. Upon signing the term loan facility, the Group made an initial draw of approximately US $3.26 million, with subsequent draws to be conditioned on customary closing conditions, including that the Amended RSA remain in full force and