---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-006959"
form_type: "8-K"
ticker: "NAKA"
cik: "0001946573"
company_name: "Nakamoto Inc."
filed_at: "2026-02-17T23:59:59+00:00"
generated_at: "2026-05-16T02:33:57.660730+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nakamoto to acquire BTC Inc and UTXO Management in all-stock deal valued at ~$107M

## Summary
- Nakamoto to issue 336.8M shares for BTC and 26.8M shares for UTXO, priced at $1.12/share per MSA.
- Based on Feb 13 close of $0.2951, total consideration valued at ~$107.3M.
- Mergers expected to close Q1 2026; subject to HSR, stockholder approval, and other conditions.
- Lock-up agreements restrict 50% of shares for 6 months, remaining 50% for 12 months.
- Conflicts: CEO Bailey, CIO Evans, CCO Creighton hold interests in targets and will receive shares.

## SEC filing metadata
- accession: 0001493152-26-006959
- form_type: 8-K
- ticker: NAKA
- cik: 0001946573
- company_name: Nakamoto Inc.
- filed_at: 2026-02-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1946573/000149315226006959/0001493152-26-006959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1946573/000149315226006959/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-006959
- JSON: https://secwatch.observer/filing/0001493152-26-006959.json
- Plain text: https://secwatch.observer/filing/0001493152-26-006959.txt

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