Bitcoin Depot CFO Departs, Interim Appointed
Ticker: BTMWW · Form: 8-K · Filed: Dec 12, 2024 · CIK: 1901799
| Field | Detail |
|---|---|
| Company | Bitcoin Depot INC. (BTMWW) |
| Form Type | 8-K |
| Filed Date | Dec 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, cfo-departure
TL;DR
Bitcoin Depot CFO out, interim in. Watch for new financial direction.
AI Summary
Bitcoin Depot Inc. announced on December 12, 2024, the departure of its Chief Financial Officer, Robert L. Palmer. The company has appointed Michael J. DeMarco as the interim CFO. DeMarco previously served as the Chief Executive Officer of GSR II Meteora Acquisition Corp.
Why It Matters
A change in a key financial executive can impact investor confidence and the company's financial strategy.
Risk Assessment
Risk Level: medium — A sudden departure of a CFO can signal underlying issues or uncertainty within the company's financial management.
Key Players & Entities
- Bitcoin Depot Inc. (company) — Registrant
- Robert L. Palmer (person) — Departing Chief Financial Officer
- Michael J. DeMarco (person) — Interim Chief Financial Officer
- GSR II Meteora Acquisition Corp. (company) — Former company of interim CFO
- December 12, 2024 (date) — Date of Report
FAQ
Who has been appointed as the interim CFO of Bitcoin Depot Inc.?
Michael J. DeMarco has been appointed as the interim CFO.
When was the departure of the CFO reported?
The departure was reported on December 12, 2024.
What was Robert L. Palmer's role at Bitcoin Depot Inc.?
Robert L. Palmer was the Chief Financial Officer.
What was Michael J. DeMarco's previous role?
Michael J. DeMarco previously served as the Chief Executive Officer of GSR II Meteora Acquisition Corp.
What is the filing date for this 8-K report?
The filing date is December 12, 2024.
Filing Stats: 634 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2024-12-12 16:39:45
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share BTM The Nasdaq Stock Mark
- $11.50 — A Common Stock at an exercise price of $11.50 per share BTMWW The Nasdaq Stock Ma
Filing Documents
- btm-20241212.htm (8-K) — 62KB
- 0000950170-24-135844.txt ( ) — 211KB
- btm-20241212.xsd (EX-101.SCH) — 49KB
- btm-20241212_htm.xml (XML) — 6KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Bitcoin Depot Inc. Dated: December 12, 2024 By: /s/ Brandon Mintz Name: Brandon Mintz Title: President and Chief Executive Officer