Form 4 for BMNR BITMINE IMMERSION TECHNOLOGIES, INC.
Accepted 2024-12-04 00:00:00 ET · period of report 2024-11-04 · accession 0001683168-24-008521 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-12-04 | 2024-11-04 | BMNR | Bates Jonathan Robert | CEO, Dir, 10% | J - Other | — | -11.50M | 0 | -100% | — |
| DMI | 2024-12-04 | 2024-11-04 | BMNR | Bates Jonathan Robert | CEO, Dir, 10% | J - Other | — | +2,500 | 12.50M | +0.0% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-04 | J | D | 11,500,000 | — | 0 | I Owned by Innovative Digital Investors Emerging Technology, LP | — | — | (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) Shares owned by Innovative Digital Investors Emerging Technology, LP ("IDIET"), a Delaware limited partnership. Jonathan R. Bastes is the manager of Innovative Digital Investors, LLC, the general partner of IDIET, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by IDIET, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest in IDIET. |
| 2 | Derivative | Series B Convertible Preferred Stock | 2024-11-04 | J | A | 2,300 | — | 11,500,000 | I Owned by Innovative Digital Investors Emerging Technology, LP | $0.2 · — to — | 11,500,000 Common Stock | (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) Shares owned by Innovative Digital Investors Emerging Technology, LP ("IDIET"), a Delaware limited partnership. Jonathan R. Bastes is the manager of Innovative Digital Investors, LLC, the general partner of IDIET, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by IDIET, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest in IDIET. (F3) 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. |
| 3 | Derivative | Series B Convertible Preferred Stock | 2024-11-04 | J | A | 200 | — | 12,500,000 | I Owned by Innovative Digital Investors Emerging Technology, LP | $0.2 · — to — | 1,000,000 Common Stock | (F4) IDIET purchased 200 shares of Series B Convertible Preferred Stock of the company for $200,000. (F2) Shares owned by Innovative Digital Investors Emerging Technology, LP ("IDIET"), a Delaware limited partnership. Jonathan R. Bastes is the manager of Innovative Digital Investors, LLC, the general partner of IDIET, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by IDIET, but disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest in IDIET. (F3) 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. |