secwatch.observer — SEC 8-K summary
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Issuer:     Bitcoin Depot Inc. (BTM)
CIK:        0001901799
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-058237
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitcoin Depot announces 1:7 reverse stock split effective Feb 23, 2026
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- Ratio 1:7, effective 12:01 a.m. ET on Feb 23, 2026; symbol BTM unchanged.
- Pre-split shares outstanding: ~35.5M Class A and ~37.8M Class M; post-split ~5.07M and ~5.41M.
- Warrant exercise price adjusted from $11.50 to $80.50; terms proportionally adjusted.
- No fractional shares; cash payment based on VWAP for 5 trading days pre-effective.
- Authorized share count unchanged; all equity awards and plan reserves proportionally adjusted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901799/000119312526058237/0001193125-26-058237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901799/000119312526058237/d74974d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-058237

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