4//SEC Filing
Bates Jonathan Robert 4
Accession 0001683168-24-008521
CIK 0001829311other
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 5:14 PM ET
Size
11.1 KB
Accession
0001683168-24-008521
Insider Transaction Report
Form 4
Bates Jonathan Robert
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2024-11-04−11,500,000→ 0 total(indirect: Owned by Innovative Digital Investors Emerging Technology, LP) - Other
Series B Convertible Preferred Stock
2024-11-04+2,300→ 11,500,000 total(indirect: Owned by Innovative Digital Investors Emerging Technology, LP)Exercise: $0.20→ Common Stock (11,500,000 underlying) - Other
Series B Convertible Preferred Stock
2024-11-04+200→ 12,500,000 total(indirect: Owned by Innovative Digital Investors Emerging Technology, LP)Exercise: $0.20→ Common Stock (1,000,000 underlying)
Footnotes (4)
- [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.
- [F4]IDIET purchased 200 shares of Series B Convertible Preferred Stock of the company for $200,000.
Documents
Issuer
BITMINE IMMERSION TECHNOLOGIES, INC.
CIK 0001829311
Entity typeother
Related Parties
1- filerCIK 0001840020
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 5:14 PM ET
- Size
- 11.1 KB