Company: CIFRW
Filing Date: 2025-05-22
Form Type: 424B5
Source: 0001193125-25-124290
Chunk: 64

Company: Cipher Mining Inc.
Filing Date: 2025-05-22
Form: 424B5
Chunk 64
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 Warrant-related documents described herein which are exhibits to the registration statement of which this prospectus is a part. We urge you to read each of the Governing Documents and the Warrant-related documents described herein in their entirety for a complete description of the rights and preferences of our securities. Public Warrants Public warrants refer to our warrants that were offered and sold in the initial public offering of Good Works Acquisition Corp. (upon the consummation of the business combination on August 27, 2021 discussed above, “Cipher”), pursuant to a registration statement and entitle the registered holder to purchase one share of common stock at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing on October 19, 2021, provided in each case that we have an effective registration statement under the Securities Act covering our common stock issuable upon exercise of the public warrants and a current prospectus relating to them is available (or we permit holders to exercise their warrants on a cashless basis under the circumstances specified in the Warrant Agreement) and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder. Pursuant to the Warrant Agreement, a warrant holder may exercise its warrants only for a whole number of shares of common stock. This means only a whole warrant may be exercised at a given time by a warrant holder. The public warrants will expire on August 27, 2026, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. Redemption of Warrants for Cash Once the warrants become exercisable, we may redeem the outstanding warrants:

| • |     | in whole and not in part; |

| • |     | at a price of $0.01 per Warrant; |

| • |     | upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and |

| • |     | if, and only if, the closing price of our common stock equals or exceeds $18.00 per share (as adjusted for share                                                                                                
 splits, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending three trading days before we send the notice of redemption to the 
 warrant holders.                                                                                                                                                                                                |

We will not redeem the warrants as described above unless a registration statement under the Securities Act covering the issuance of our common stock issuable upon