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Bit Digital | S-8 POS: S-8 POS

SEC announcement ·  Feb 23 16:12
Summary by Moomoo AI
Bit Digital, Inc., a Cayman Islands-based company trading under the ticker BTBT.US, has filed a Post-Effective Amendment No. 1 to Form S-8 with the SEC on February 23, 2024. The amendment relates to the company's 2023 Omnibus Equity Incentive Plan and involves the registration of 5,000,000 Ordinary Shares. The shares are to be offered by certain selling securityholders, who may acquire them through the exercise of share options or restricted share awards. The filing indicates that Bit Digital will not receive any proceeds from the sale of shares by the selling securityholders. The company's shares are listed on the Nasdaq Capital Market under the symbol 'BTBT.' Bit Digital's operations include providing infrastructure services for digital assets and artificial intelligence, with a focus on sustainable digital asset mining. The company has faced legal challenges, including a settled securities class action lawsuit, and operates under the regulatory frameworks of multiple jurisdictions, including the Cayman Islands, the United States, and Singapore.
Bit Digital, Inc., a Cayman Islands-based company trading under the ticker BTBT.US, has filed a Post-Effective Amendment No. 1 to Form S-8 with the SEC on February 23, 2024. The amendment relates to the company's 2023 Omnibus Equity Incentive Plan and involves the registration of 5,000,000 Ordinary Shares. The shares are to be offered by certain selling securityholders, who may acquire them through the exercise of share options or restricted share awards. The filing indicates that Bit Digital will not receive any proceeds from the sale of shares by the selling securityholders. The company's shares are listed on the Nasdaq Capital Market under the symbol 'BTBT.' Bit Digital's operations include providing infrastructure services for digital assets and artificial intelligence, with a focus on sustainable digital asset mining. The company has faced legal challenges, including a settled securities class action lawsuit, and operates under the regulatory frameworks of multiple jurisdictions, including the Cayman Islands, the United States, and Singapore.
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