Bitmine Immersion Technologies BMNRShareholders
BitMine effects a 1-for-20 reverse stock split of its common stock
Filed May 16, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On May 15, 2025, it filed a charter amendment for a 1-for-20 reverse split, effective at the open of trading on May 16, 2025.
- No fractional shares are issued; holders get cash equal to the market value at the May 15, 2025 close.
- The split is meant to meet the initial listing requirements of the NYSE American or another principal exchange.
- It has applied to the NYSE American and NASDAQ Capital Market, with no assurance of approval.
Items reported
- 5.03 Charter or bylaws
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.