BTC Digital Ltd. Files 8-K Report
Ticker: BTCT · Form: 8-K · Filed: Dec 12, 2024 · CIK: 1796514
| Field | Detail |
|---|---|
| Company | Btc Digital LTD. (BTCT) |
| Form Type | 8-K |
| Filed Date | Dec 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.06, $8.00, $1,830,824 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-statements, company-name-change
Related Tickers: BTCT
TL;DR
BTC Digital Ltd. filed an 8-K on Dec 11, 2024, covering financial statements and other events.
AI Summary
On December 11, 2024, BTC Digital Ltd. filed an 8-K report. The filing primarily concerns financial statements and exhibits, and other events, with a Regulation FD Disclosure. The company, formerly known as DTC Digital Ltd., Meten Holding Group Ltd., and Meten EdtechX Education Group Ltd., is based in Shenzhen, China.
Why It Matters
This 8-K filing provides updated information and disclosures for BTC Digital Ltd., which is important for investors and stakeholders to understand the company's current status and any material events.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report detailing company events and financial information, without immediate indication of significant new risks.
Key Players & Entities
- BTC Digital Ltd. (company) — Filer
- DTC Digital Ltd. (company) — Former Company Name
- Meten Holding Group Ltd. (company) — Former Company Name
- Meten EdtechX Education Group Ltd. (company) — Former Company Name
- December 11, 2024 (date) — Earliest event reported
- December 12, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing for BTC Digital Ltd.?
The 8-K filing serves as a Current Report for BTC Digital Ltd., covering Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits, with the earliest reported event on December 11, 2024.
What were BTC Digital Ltd.'s previous names?
BTC Digital Ltd. was formerly known as DTC Digital Ltd., Meten Holding Group Ltd., and Meten EdtechX Education Group Ltd.
When was the company's name last changed?
The company's name was last changed from DTC Digital Ltd. on August 16, 2023.
Where is BTC Digital Ltd. headquartered?
BTC Digital Ltd. is headquartered in Shenzhen, Guangdong Province, China.
What is the SIC code for BTC Digital Ltd.?
The Standard Industrial Classification (SIC) code for BTC Digital Ltd. is 6199, which falls under Finance Services.
Filing Stats: 583 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-12-12 13:00:07
Key Financial Figures
- $0.06 — res") of its ordinary shares, par value $0.06 per share ("Ordinary Shares"), and pre-
- $8.00 — shares of Ordinary Shares at a price of $8.00 per share. The issuance by the Company
- $1,830,824 — ies resulted in total gross proceeds of $1,830,824.00, before deducting underwriting disco
Filing Documents
- ea0224548-8k_btcdigi.htm (8-K) — 27KB
- ea022454801ex99-1_btcdigi.htm (EX-99.1) — 7KB
- 0001213900-24-108188.txt ( ) — 249KB
- btct-20241211.xsd (EX-101.SCH) — 4KB
- btct-20241211_def.xml (EX-101.DEF) — 26KB
- btct-20241211_lab.xml (EX-101.LAB) — 36KB
- btct-20241211_pre.xml (EX-101.PRE) — 25KB
- ea0224548-8k_btcdigi_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. See Item 8.01.
01 Other Events
Item 8.01 Other Events. As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on December 9, 2024, BTC Digital Ltd. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with Aegis Capital Corp. (the "Underwriter") on December 6, 2024, relating to the Company's public offering of 880,000 shares (the "Shares") of its ordinary shares, par value $0.06 per share ("Ordinary Shares"), and pre-funded warrants to purchase 1,620,000 shares of Ordinary Shares in lieu of Ordinary Shares to certain investors. Pursuant to the Underwriting Agreement, the Company also granted the Underwriter a 45-day option (the "Over-Allotment Option") to purchase an additional 375,000 shares of Ordinary Shares (the "Over-Allotment Securities"). On December 11, 2024, the Underwriter partially exercised its Over-Allotment Option and purchased an additional 228,853 shares of Ordinary Shares at a price of $8.00 per share. The issuance by the Company of the Over-Allotment Securities resulted in total gross proceeds of $1,830,824.00, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company. A copy of the Press Release announcing the exercise of the Option is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01 Financial Statement and Exhibits
Item 9.01 Financial Statement and Exhibits. Exhibit No. Description 99.1 Press Release, dated December 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BTC Digital Ltd. Date: December 12, 2024 By: /s/ Siguang Peng Siguang Peng Chief Executive Officer 2