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0001829311
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2025-07-02
2025-07-02
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
July 2, 2025
BITMINE
IMMERSION TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation or organization) |
001-42675
(Commission
File Number) |
84-3986354
(IRS Employer
Identification No.) |
10845
Griffith Peak Dr. #2
Las
Vegas, NV 89135
(Address of principal executive office) (Zip Code)
(404) 816-8240
(Registrants’ telephone number, including
area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common Stock, par value $0.0001 |
BMNR |
NYSE American LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter)
Emerging
Growth Company x
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 8.01. Other Events.
As previously reported
on a Current Report on Form 8-K of Bitmine Immersion Technologies, Inc. (the “Company”) dated June 10, 2025, the Company closed
a public offering on June 6, 2025 (the “Offering”) for 2,250,000 shares of its Common Stock at a public offering price of
$8.00 per share. In addition, the Company granted ThinkEquity LLC (the “Underwriter”) a 45-day over-allotment option to purchase
up to 337,500 additional shares of Common Stock (the “Overallotment Option”) at a price of $7.40 per share (92.5% of the public
offering price of $8.00 per share).
On July 1, 2025, the Underwriter
provided notice to the Company that it had elected to fully exercise the Overallotment Option. The Underwriter’s exercise of the
Overallotment Option closed on July 2, 2025, resulting in gross proceeds of approximately $2,700,000 to the Company.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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Bitmine Immersion Technologies, Inc. |
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Dated: July 2, 2025 |
By: |
/s/ Jonathan Bates |
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Name: |
Jonathan Bates |
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Title: |
Chief Executive Officer |