Bitech Technologies Corp. Files S-1/A Amendment

TL;DR

Bitech Tech (BTTC) filed S-1/A. Updated financials and biz ops. Watch this space.

AI Summary

Bitech Technologies Corp. filed an S-1/A amendment on October 3, 2024, detailing its business operations. The company, formerly known as Spine Injury Solutions, Inc., is involved in electric services and equipment sales. Financial data for periods ending June 30, 2024, and December 31, 2023, are included in the filing.

Why It Matters

This filing provides updated information for investors and the public regarding Bitech Technologies Corp.'s financial status and business activities, crucial for understanding its current market position.

Risk Assessment

Risk Level: medium — As an S-1/A filing, it indicates a company undergoing regulatory review or providing updated disclosures, which can carry inherent risks for investors.

Key Numbers

• 2024-06-30 — Reporting Period End (Key financial reporting date in the filing.)
• 2023-12-31 — Reporting Period End (Key financial reporting date in the filing.)

Key Players & Entities

• Bitech Technologies Corp (company) — Filer of the S-1/A
• Spine Injury Solutions, Inc. (company) — Former name of Bitech Technologies Corp.
• October 3, 2024 (date) — Filing date of the S-1/A
• Newport Beach, CA (location) — Business address of Bitech Technologies Corp.

FAQ

Key Financial Figures

• $0.001 — ering shares of common stock, par value $0.001 per share, at an aggregate assumed offe
• $0.0001 — d to the public in this offering, minus $0.0001. The Pre-Funded Warrants will be immedi
• $0.068 — our common stock on the OTC Markets was $0.068 per share. We do not intend to apply to

Filing Documents

• forms-1a.htm (S-1/A) — 2167KB
• ex3-11.htm (EX-3.11) — 109KB
• ex10-29.htm (EX-10.29) — 35KB
• ex23-1.htm (EX-23.1) — 4KB
• ex107.htm (EX-FILING FEES) — 49KB
• ex23-1_001.jpg (GRAPHIC) — 3KB
• logo_002.jpg (GRAPHIC) — 27KB
• chart_001.jpg (GRAPHIC) — 228KB
• chart_002.jpg (GRAPHIC) — 58KB
• chart_005.jpg (GRAPHIC) — 153KB
• 0001493152-24-039404.txt ( ) — 7694KB
• bttc-20240630.xsd (EX-101.SCH) — 33KB
• bttc-20240630_cal.xml (EX-101.CAL) — 35KB
• bttc-20240630_def.xml (EX-101.DEF) — 194KB
• bttc-20240630_lab.xml (EX-101.LAB) — 268KB
• bttc-20240630_pre.xml (EX-101.PRE) — 251KB
• forms-1a_htm.xml (XML) — 728KB

Underwriting

Underwriting discounts and commissions do not include a non-accountable expense allowance equal to 1.0% of the initial public offering price payable to the underwriters. We refer you to "Underwriting" beginning on page 58 for additional information regarding underwriters' compensation. The offering is being underwritten on a firm commitment basis. We have granted a 45-day option to the representative of the underwriters to purchase up to additional shares of common stock and/or Pre-Funded Warrants solely to cover over-allotments, if any. The underwriters expect to deliver the securities to purchasers on or about , 2024. ThinkEquity The date of this prospectus is , 2024 TABLE OF CONTENTS Page SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS 1 PROSPECTUS SUMMARY 2 THE OFFERING 7

SELECTED FINANCIAL DATA

SELECTED FINANCIAL DATA 9

USE OF PROCEEDS

USE OF PROCEEDS 26 DIVIDEND POLICY 27 CAPITALIZATION 28

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 30

BUSINESS

BUSINESS 36 MANAGEMENT 43 EXECUTIVE AND DIRECTOR COMPENSATION 46 PRINCIPAL STOCKHOLDERS 50 CERTAIN RELATIONSHIPS AND RELATED PARTY 51

DESCRIPTION OF SECURITIES WE ARE OFFERING

DESCRIPTION OF SECURITIES WE ARE OFFERING 51 SHARES ELIGIBLE FOR FUTURE SALE 53 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS 54

UNDERWRITING

UNDERWRITING 58 LEGAL MATTERS 62 EXPERTS 62 WHERE YOU CAN FIND ADDITIONAL INFORMATION 63 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS F-1 OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION II-1 You should rely only on the information contained in this prospectus. We and the underwriter(s) have not authorized anyone to provide you with any information other than that contained in this prospectus, and neither we, nor the underwriter(s) take responsibility for any other information others may give you. We are offering to sell, and seeking offers to buy, common stock and Pre-Funded warrants only in jurisdictions where such offers and sales are permitted. i About this Prospectus Neither nor the Underwriter have not authorized anyone to provide any information or to make any representations other than those contained in this prospectus or in any free writing prospectuses prepared by us or on our behalf or to which we have referred you and which we have filed with the U.S. Securities and Exchange Commission (the "SEC"). We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. This prospectus is an offer to sell only the common stock and Pre-Funded warrants shares offered hereby, but only under circumstances and in jurisdictions where it is lawful to do so. We are not making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted or where the person making the offer or sale is not qualified to do so or to any person to whom it is not permitted to make such offer or sale. The information contained in this prospectus is current only as of the date on the front cover of the prospectus. Our business, financial condition, results of operations and prospects may have changed since that date. Market and Industry Data . This prospectus contains estimates and other statistical data made by independent parties relating to our industry and the markets in

View Full Filing

View this S-1/A filing on SEC EDGAR