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Bit Origin prices unregistered $2 million convertible note private placement at $1.63 conversion price
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Bit Origin prices unregistered $2 million convertible note private placement at $1.63 conversion price
  • Bit Origin entered a private placement to sell up to USD 10 million of Senior Convertible Notes convertible into Class A ordinary shares.
  • Initial closing expected June 29, 2026, with issuance of a USD 2 million Senior Convertible Note maturing June 29, 2030.
  • Conversion price set at USD 1.63 per share, subject to adjustment.
  • Securities issued in an unregistered offering under Section 4(a)(2) and Rule 506(b); no registration rights granted.
  • Net proceeds earmarked for working capital and general corporate purposes.


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: 0001104659-26-078555), on June 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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