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Bit Digital | 424B3: Prospectus

SEC announcement ·  Mar 8 16:32
Summary by Moomoo AI
Bit Digital, Inc., a Cayman Islands company trading under the symbol 'BTBT' on the Nasdaq Capital Market, has filed a prospectus relating to the reoffer and resale of 5,000,000 Ordinary Shares. These shares are par value $0.01 per share and have been or will be acquired by certain persons, including officers and directors referred to as the 'Selling Securityholders.' The shares may be sold at prevailing market prices or through negotiated transactions. Bit Digital will not receive any proceeds from the sales but will receive the exercise price upon the exercise of share options. The Selling Securityholders may sell the shares through various methods, including on exchanges, in block trades, or through broker-dealers. The company has agreed to indemnify the Selling...Show More
Bit Digital, Inc., a Cayman Islands company trading under the symbol 'BTBT' on the Nasdaq Capital Market, has filed a prospectus relating to the reoffer and resale of 5,000,000 Ordinary Shares. These shares are par value $0.01 per share and have been or will be acquired by certain persons, including officers and directors referred to as the 'Selling Securityholders.' The shares may be sold at prevailing market prices or through negotiated transactions. Bit Digital will not receive any proceeds from the sales but will receive the exercise price upon the exercise of share options. The Selling Securityholders may sell the shares through various methods, including on exchanges, in block trades, or through broker-dealers. The company has agreed to indemnify the Selling Securityholders against certain liabilities. The date of the prospectus is February 8, 2024, and the shares may be offered from time to time directly by the Selling Securityholders or through brokers. The net proceeds to the Selling Securityholders will be the proceeds received by them upon such sales, less brokerage commissions, if any. Bit Digital will pay all expenses of preparing this prospectus but will not receive any of the proceeds from sales by any of the Selling Securityholders.

This announcement is a separate document:

Doc 1

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