---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-250362"
form_type: "8-K"
ticker: "BTM"
cik: "0001901799"
company_name: "Bitcoin Depot Inc."
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T05:02:11.751562+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bitcoin Depot amends PIPE agreement; institutional investors buy 3.475M Series A Preferred shares

## Summary
- Amendment accelerates remaining Reference Periods; Company receives $28,449 settlement, no deficiency payment.
- Preferred Sale of 3.475M Series A Preferred at net $2.10/share to investors including AWM Investment Company.
- Series A Preferred convertible 1:1 into Class A common; Company receives no proceeds from the sale.
- Registration Rights Agreement requires Company to file resale registration statement within 15 days of closing.
- If Preferred Sale not consummated by Oct 11, 2023, Amendment terms revert to original PIPE Agreement.

## SEC filing metadata
- accession: 0001193125-23-250362
- form_type: 8-K
- ticker: BTM
- cik: 0001901799
- company_name: Bitcoin Depot Inc.
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901799/000119312523250362/0001193125-23-250362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901799/000119312523250362/d862376d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-250362
- JSON: https://secwatch.observer/filing/0001193125-23-250362.json
- Plain text: https://secwatch.observer/filing/0001193125-23-250362.txt

## Key facts
- Material Agreements
  Bitcoin Depot Inc. amended Amendment No. 1 with Subscribers (as defined in the Amendment) valued at $28,449 (effective 2023-10-02).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Subscribers (as defined in the Amendment)
  - Value: $28,449
  - Effective: 2023-10-02
  source text: On October 2, 2023, Bitcoin Depot Inc. (the " Company ") and Bitcoin Depot Operating LLC, a Delaware limited liability company, entered into Amendment No. 1 (the " Amendment ") to the PIPE Agreement, dated June 23, 2023 (the " PIPE Agreement "), with the Subscribers (as defined in the Amendment).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901799/000119312523250362/0001193125-23-250362-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.