secwatch.observer — SEC 8-K summary
======================================

Issuer:     Bitcoin Depot Inc. (BTM)
CIK:        0001901799
Form:       8-K
Filed at:   2025-10-08T23:59:59+00:00
Accession:  0001193125-25-233985
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitcoin Depot raises $15M via registered direct offering of 4.29M shares at $3.50/share
--------------------------------------------------------------------------------

- Offering of 4,285,716 Class A common shares at $3.50 each; gross proceeds ~$15M.
- Net proceeds ~$13.8M after fees; intended for general corporate purposes.
- Closing expected on Oct 8, 2025; H.C. Wainwright is exclusive placement agent with 6% gross fee.
- Offered under effective shelf registration S-3 (File 333-288208); 30-day lock-up on further issuance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901799/000119312525233985/0001193125-25-233985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901799/000119312525233985/d42449d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-233985

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer