Bitech Technologies Corp. Files S-1/A Update

TL;DR

Bitech (BTTC) filed an S-1/A update. Keep an eye on this.

AI Summary

Bitech Technologies Corp. filed an S-1/A on November 26, 2024, to update its registration statement. The company, formerly known as Spine Injury Solutions, Inc., is in the electric services industry and is incorporated in Delaware. Its principal executive offices are located at 895 Dove Street, Suite 300, Newport Beach, CA.

Why It Matters

This filing indicates ongoing regulatory activity for Bitech Technologies Corp., which could signal upcoming corporate actions or financial disclosures relevant to investors.

Risk Assessment

Risk Level: medium — S-1/A filings are typically for registration of securities, which can involve significant financial changes or capital raises, carrying inherent investment risks.

Key Numbers

• 333-280668 — SEC File Number (Identifies the specific SEC registration)
• 241505457 — Film Number (Internal SEC processing number)

Key Players & Entities

• Bitech Technologies Corp (company) — Filer
• Spine Injury Solutions, Inc (company) — Former company name
• Newport Beach, CA (location) — Business address city and state
• November 26, 2024 (date) — Filing date

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
• $0.07 — our common stock on the OTC Markets was $0.07 per share. We do not intend to apply to

Filing Documents

• forms-1a.htm (S-1/A) — 2350KB
• ex3-11.htm (EX-3.11) — 109KB
• ex10-13.htm (EX-10.13) — 119KB
• ex10-21.htm (EX-10.21) — 166KB
• ex10-22.htm (EX-10.22) — 695KB
• ex10-28.htm (EX-10.28) — 120KB
• ex10-29.htm (EX-10.29) — 35KB
• ex23-1.htm (EX-23.1) — 4KB
• ex107.htm (EX-FILING FEES) — 49KB
• logo_002.jpg (GRAPHIC) — 27KB
• chart_006.jpg (GRAPHIC) — 591KB
• chart_002.jpg (GRAPHIC) — 58KB
• chart_005.jpg (GRAPHIC) — 153KB
• ex10-21_001.jpg (GRAPHIC) — 2KB
• ex10-21_002.jpg (GRAPHIC) — 2KB
• ex10-21_003.jpg (GRAPHIC) — 2KB
• ex23-1_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-047852.txt ( ) — 10214KB
• bttc-20240930.xsd (EX-101.SCH) — 34KB
• bttc-20240930_cal.xml (EX-101.CAL) — 34KB
• bttc-20240930_def.xml (EX-101.DEF) — 200KB
• bttc-20240930_lab.xml (EX-101.LAB) — 283KB
• bttc-20240930_pre.xml (EX-101.PRE) — 249KB
• forms-1a_htm.xml (XML) — 795KB

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 60 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 9

SELECTED FINANCIAL DATA

SELECTED FINANCIAL DATA 11

USE OF PROCEEDS

USE OF PROCEEDS 28 DIVIDEND POLICY 29 CAPITALIZATION 30

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

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 32

BUSINESS

BUSINESS 38 MANAGEMENT 45 EXECUTIVE AND DIRECTOR COMPENSATION 48 PRINCIPAL STOCKHOLDERS 52 CERTAIN RELATIONSHIPS AND RELATED PARTY 53

DESCRIPTION OF SECURITIES WE ARE OFFERING

DESCRIPTION OF SECURITIES WE ARE OFFERING 53 SHARES ELIGIBLE FOR FUTURE SALE 55 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS 56

UNDERWRITING

UNDERWRITING 60 LEGAL MATTERS 64 EXPERTS 64 WHERE YOU CAN FIND ADDITIONAL INFORMATION 65 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