---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-026753"
form_type: "8-K"
ticker: "BESS"
cik: "0001066764"
company_name: "Bimergen Energy Corp"
filed_at: "2022-09-26T23:59:59+00:00"
generated_at: "2026-06-23T07:23:45.967818+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Bitech Technologies restates Q1 2022 financials; net loss corrected to $229,162

## Summary
- July 20, 2022 board determined March 31, 2022 financials unreliable due to Bitech Mining acquisition accounting error.
- Restated net loss increased from $33,085 to $229,162; revenue eliminated to zero.
- Accumulated deficit adjusted from $20,311,632 to $514,121 as of March 31, 2022.
- Additional paid-in capital reduced from $21,022,725 to $1,196,679.
- Company to file amendment to Q1 2022 Form 10-Q with restated financials.

## SEC filing metadata
- accession: 0001493152-22-026753
- form_type: 8-K
- ticker: BESS
- cik: 0001066764
- company_name: Bimergen Energy Corp
- filed_at: 2022-09-26T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1066764/000149315222026753/0001493152-22-026753-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1066764/000149315222026753/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-026753
- JSON: https://secwatch.observer/filing/0001493152-22-026753.json
- Plain text: https://secwatch.observer/filing/0001493152-22-026753.txt

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