secwatch.observer — SEC 8-K summary
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Issuer:     Stronghold Digital Mining, Inc. (—)
CIK:        0001856028
Form:       8-K
Filed at:   2025-03-20T23:59:59+00:00
Accession:  0001140361-25-009694
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stronghold Digital Mining acquired by Bitfarms; SDIG holders get 2.520 Bitfarms shares each
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- Merger closed March 14, 2025; SDIG becomes wholly owned indirect subsidiary of Bitfarms Ltd. (BITF).
- Each SDIG Class A share converted into 2.520 Bitfarms common shares; stock delisted from Nasdaq as of March 17.
- All prior directors (Beard, Agarwal, Doherty, James, Pacchia, Trowbridge) and officers resigned at Effective Time.
- Credit agreement and B&M Note terminated and fully paid off; liens released.
- SDIG to file Form 15 to suspend SEC reporting and deregister Class A common stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856028/000114036125009694/0001140361-25-009694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856028/000114036125009694/ef20045926_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-009694

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