BitMine Immersion Technologies announces 1-for-20 reverse stock split effective May 16, 2025

BITMINE IMMERSION TECHNOLOGIES, INC.

Reverse split at 1-for-20 ratio; effective at open on May 16, 2025.
No fractional shares issued; cash paid based on May 15 close price.
Split intended to help meet NYSE American or Nasdaq listing requirements.
Company has applied to NYSE American and Nasdaq Capital Market.
CEO Jonathan Bates stated the split is part of efforts to list on a national exchange.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BITMINE IMMERSION TECHNOLOGIES, INC.: Certificate of Incorporation amended to effect a 1-for-20 reverse stock split (effective 2025-05-16).

Change: charter amendment
Effective: 2025-05-16

Exact text from the filing

On May 15, 2025, the Company filed an amendment to its Certificate of Incorporation to effect a 1-for-20 reverse stock split of its common stock.

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BITMINE IMMERSION TECHNOLOGIES, INC. filing history →

Source: SEC EDGAR

accession 0001683168-25-003761

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