Bit Origin Ltd. has announced a court hearing on June 5, 2025, for the confirmation of its proposed share capital reduction. The plan involves reducing the par value of each share from US$0.30 to US$0.000001, resulting in an authorized share capital of US$500, divided into 500,000,000 shares. The hearing will take place before the Grand Court of the Cayman Islands.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bit Origin Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-050044), on May 16, 2025, and is solely responsible for the information contained therein.