Bates Jonathan Robert 5
5 · BITMINE IMMERSION TECHNOLOGIES, INC. · Filed Sep 3, 2025
Insider Transaction Report
Form 5
Bates Jonathan Robert
DirectorChief Executive Officer
Transactions
- Conversion
Common Stock
2025-06-17$4.00/sh+375,000$1,500,000→ 973,289 total - Award
Common Stock
2024-11-30+6,000→ 973,289 total - Award
Common Stock
2025-05-31+6,000→ 973,289 total - Award
Common Stock
2025-02-28+6,000→ 973,289 total - Conversion
Series A Convertible Preferred Stock
2025-06-17$10.00/sh−150,000$1,500,000→ 0 totalExercise: $4.00→ Common Stock (375,000 underlying)
Footnotes (4)
- [F1]Adjusted to reflect the Company's 1-for-20 reverse stock split.
- [F2]These shares were issued to the Reporting Person for services as a director and officer of the Company.
- [F3]Includes (i) 210,000 shares owned by BFAM Partners, LLC ("BFAM"), (ii) 96,818 shares owned by BFAM & Co., LLC ("BFAM &Co"), (iii) 252,044 shares beneficially owned by Progression Asset Management Corporation ("PAMC"), (iv) 15,427 shares held by The Entrust Group, Inc. Custodian FBO Jonathan Bates IRA, and (v) 399,000 shares owned by the Reporting Person. The Reporting Person is the 100% owner and shareholder of PAMC. The Reporting Person owns 90% of BFAM and BFAM & Co, respectively, and a trust established for his children owns the remaining 10% of each of the respective BFAM entities (BFAM and BFAM & Co.)
- [F4]The Series A Convertible Preferred Stock is convertible at the option of the holder and has no expiration date.