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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: da_spot who wrote (25106)7/9/2025 2:14:32 PM
From: toccodolce  Read Replies (1) | Respond to of 26729
 
Bitmine Immersion Technologies announces $2 billion at-the-market equity offering

Bitmine Immersion (NASDAQ: IMMR) Technologies, Inc. (NYSE American:BMNR) announced Wednesday it has entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and ThinkEquity, LLC. Under the agreement, the company may offer and sell up to $2 billion of its common stock, from time to time, through Cantor Fitzgerald acting as principal and/or the sole designated sales agent.

According to a statement in the SEC filing, Cantor Fitzgerald will use its commercially reasonable efforts to sell shares based on Bitmine Immersion Technologies’ instructions. The agents will receive a commission of up to 3% of the gross proceeds from each sale under the agreement. The company is not obligated to sell any shares and may suspend or terminate the offering at any time.

The shares may be sold in transactions deemed "at the market offerings" as defined by SEC regulations or by other methods permitted by law. Shares offered under the agreement will be issued pursuant to Bitmine Immersion Technologies’ automatic shelf registration statement on Form S-3, filed with the SEC on Wednesday.

This information is based on a press release statement contained in the company’s Form 8-K filing with the Securities and Exchange Commission.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.



To: da_spot who wrote (25106)7/9/2025 2:22:52 PM
From: #Breeze  Read Replies (1) | Respond to of 26729
 
BitMine Immersion Technologies $60 Crash: BMNR Stock Halves As It Files for Shelf

fxleaders.com



To: da_spot who wrote (25106)7/10/2025 5:41:02 PM
From: techtrader73  Read Replies (1) | Respond to of 26729
 
you like to fomo into these scam stock dont ya crcl crwv bmnr ,,, go to vegas they may comp ya a room and dinner ;-)

I don't really understand the fundies behind BMNR too much. I was watching as it rocketed, so figured I would just pick it up on the drop. Just a small position, but up nicely now. Maybe will just close it up eod.S