Bitfarms Files Material Change Report with Canadian Regulators

TL;DR

Bitfarms filed a material change report on Oct 29th, including shareholder meeting docs. Watch for updates.

AI Summary

On October 29, 2024, Bitfarms Ltd. filed a material change report with Canadian securities regulators. This report includes a press release and a notice of a special meeting of shareholders, along with a management information circular. These documents were also filed with the SEC as part of a Form 6-K.

Why It Matters

This filing indicates significant corporate actions or updates from Bitfarms Ltd., which could impact its operations and shareholder value.

Risk Assessment

Risk Level: medium — Filings of material changes and shareholder meeting notices can signal significant corporate events that may introduce volatility.

Key Players & Entities

• Bitfarms Ltd. (company) — Registrant
• October 29, 2024 (date) — Filing date of material change report
• SEDAR+ (company) — System for Electronic Data Analysis and Retrieval
• Exhibit 99.1 (document) — Press release attached to the filing
• Exhibit 99.2 (document) — Notice of special meeting and management information circular

FAQ

From the Filing

0001213900-24-091928.txt : 20241030 0001213900-24-091928.hdr.sgml : 20241030 20241029215443 ACCESSION NUMBER: 0001213900-24-091928 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241029 FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bitfarms Ltd CENTRAL INDEX KEY: 0001812477 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40370 FILM NUMBER: 241407174 BUSINESS ADDRESS: STREET 1: 110 YONGE STREET STREET 2: SUITE 1601 CITY: TORONTO STATE: A6 ZIP: M5C 1T4 BUSINESS PHONE: 647-259-1790 MAIL ADDRESS: STREET 1: 110 YONGE STREET STREET 2: SUITE 1601 CITY: TORONTO STATE: A6 ZIP: M5C 1T4 6-K 1 ea0219065-6k_bitfarms.htm REPORT OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2024 Commission File Number: 001-40370 BITFARMS LTD. (Translation of registrant’s name into English) 110 Yonge Street, Suite 1601, Toronto, Ontario, Canada M5C 1T4 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☐ Form 40-F ☒ DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K On October 29, 2024, the Registrant filed with the Canadian Securities Regulatory Authorities on the System for Electronic Data Analysis and Retrieval + (SEDAR +) a material change report that includes a copy of a press release, a copy of which is attached hereto as Exhibit 99.1, and a notice of special meeting of shareholders and management information circular, a copy of which is attached hereto as Exhibit 99.2, which are incorporated by reference into the Registration Statements of Bitfarms Ltd. on Form F-10 (File No. 333-272989), Form S-8 (File No. 333-278868) and Form F-4 (File No. 333-282657). See the Exhibits listed below. Exhibits Exhibit No. Description 99.1 Material Change Report dated October 29, 2024 99.2 Notice of Special Meeting of Shareholders & Management Information Circular 99.3 Form of Proxy for Special Meeting of Shareholders on November 20, 2024 99.4 Notice of Special Meeting of Shareholders 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BITFARMS LTD. By: /s/ Ben Gagnon Name: Ben Gagnon Title: Chief Executive Officer Date: October 29, 2024 2 EX-99.1 2 ea021906501ex99-1_bitfarms.htm MATERIAL CHANGE REPORT DATED OCTOBER 29, 2024 Exhibit 99.1 FORM 51-102F3 MATERIAL CHANGE REPORT Item 1 Name and Address of Company Bitfarms Ltd. (“Bitfarms” or the “Company”) 110 Yonge Street, Suite 1601 Toronto, Ontario M5C 1T4 Item 2 Date of Material Change October 29, 2024 Item 3 News Release The press release attached as Schedule “A” was released on October 29, 2024 by a newswire company in Canada. Item 4 Summary of Material Change The material change is described in the press release attached as Schedule “A”. Item 5 Full Description of Material Change The material change is described in the press release attached as Schedule “A”. Item 6 Reliance of subsection 7.1(2) of National Instrument 51-102 Not applicable. Item 7 Omitted Information Not applicable. Item 8 Executive Officer Ben Gagnon Chief Executive Officer Bitfarms Ltd. Bgagnon@bitfarms.com Item 9 Date of Report October 29, 2024. Schedule “A” Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors - Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 - This news release constitutes a