Form 4 for BMNR BITMINE IMMERSION TECHNOLOGIES, INC.
Accepted 2024-12-04 00:00:00 ET · period of report 2024-11-04 · accession 0001683168-24-008522 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-12-04 | 2024-11-04 | BMNR | Innovative Digital Investors Emerging Technology LP | 10% | J - Other | — | -11.50M | 0 | -100% | — |
| DM | 2024-12-04 | 2024-11-04 | BMNR | Innovative Digital Investors Emerging Technology LP | 10% | J - Other | — | +2,500 | 11.50M | +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 | D | — | — | (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. |
| 2 | Derivative | Series B Convertible Preferred Stock | 2024-11-04 | J | A | 200 | — | 12,500,000 | D | $0.2 · — to — | 1,000,000 Common Stock | (F3) IDIET purchased 200 shares of Series B Convertible Preferred Stock of the company for $200,000. (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. |
| 3 | Derivative | Series B Convertible Preferred Stock | 2024-11-04 | J | A | 2,300 | — | 11,500,000 | D | $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) 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. |