BITMINE IMMERSION TECHNOLOGIES, INC. — Director's Dealing 2023

Aug 23, 2023

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK: 0001829311
Period of Report: 2022-08-31

Reporting Person: MOW RAYMOND (Director, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-23	Common Stock	A	850000	$0.44	Acquired	2100000	Direct

Footnotes

F1: Common stock is subject to forfeiture if the reporting person is not continuously employed by the company as an employee or consultant from the date of grant to January 15, 2025. Vesting may be accelerated in the event of a change in control of the Company, a termination by the reporting person of his employment for good reason or by the company without cause, or at the discretion of the board of directors. The foregoing is a summary of the vesting terms of the stock grant as set forth in a restricted stock agreement between the company and the reporting person.

F2: Price is based upon price indicated by a recent offering of Units by the Company for $1.25 per Unit to unrelated investors, with each Unit consisting of one share of common stock, one Class C-1 Warrant and one Class C-2 Warrant.