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BITMINE IMMERSION TECHNOLOGIES, INC. — Director's Dealing 2024
Dec 4, 2024
17747_dirs_2024-12-04_e06156c7-8d6e-4628-92f5-222059ebf0d3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BITMINE IMMERSION TECHNOLOGIES, INC. (BMNR)
CIK: 0001829311
Period of Report: 2024-11-04
Reporting Person: Innovative Digital Investors Emerging Technology LP (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-11-04 | Common Stock | J | 11500000 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-04 | Series B Convertible Preferred Stock | $.2 | J | 2300 | Acquired | Common Stock (11500000) | Direct | |
| 2024-11-04 | Series B Convertible Preferred Stock | $.2 | J | 200 | Acquired | Common Stock (1000000) | Direct |
Footnotes
F1: Innovative Digital Investors Emerging Technology, LP ("IDIET"), a Delaware limited partnership, exchanged 11,500,000 shares of common stock in the company for 2,300 shares of Series B Convertible Preferred Stock of the company.
F2: Each share of Series B Convertible Preferred Stock is convertible immediately into that number of shares equal to its stated value divided by $0.20 per share. The stated value of each share of Series B Convertible Preferred Stock is $1,000. The conversion price is subject to proportionate adjustment as a result of any forward or reverse split of the company's common stock, as well as certain other corporate events. The Series B Convertible Preferred Stock is perpetual.
F3: IDIET purchased 200 shares of Series B Convertible Preferred Stock of the company for $200,000.