Company: ABTS
Filing Date: 2025-05-30
Form Type: F-3/A
Source: 0001641172-25-013026
Chunk: 56

Company: Abits Group Inc
Filing Date: 2025-05-30
Form: F-3/A
Chunk 56
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 in which such amount shall be determined); |
| ● | the                                                                                                                                     
 portion of the principal amount of any securities of the series which shall be payable upon declaration of acceleration of the maturity 
 of the debt securities pursuant to the applicable indenture if other than the entire principal amount; and                              |
| ● | if                                                                                                                                      
 the principal amount payable at the stated maturity of any debt security of the series will not be determinable as of any one or        
 more dates prior to the stated maturity, the amount which shall be deemed to be the principal amount of such securities as of any       
 such date for any purpose, including the principal amount thereof which shall be due and payable upon any maturity other than the       
 stated maturity or which shall be deemed to be outstanding as of any date prior to the stated maturity (or, in any such case, the       
 manner in which such amount deemed to be the principal amount shall be determined).                                                     |

Unless otherwise specified in the applicable prospectus supplement, the debt securities will not be listed on any securities exchange.

Unless otherwise specified in the applicable prospectus supplement, debt securities will be issued in fully-registered form without coupons.

Debt securities may be sold at a substantial discount below their stated principal amount, bearing no interest or interest at a rate which at the time of issuance is below market rates. The applicable prospectus supplement will describe the federal income tax consequences and special considerations applicable to any such debt securities. The debt securities may also be issued as indexed securities or securities denominated in foreign currencies, currency units or composite currencies, as described in more detail in the prospectus supplement relating to any of the particular debt securities. The prospectus supplement relating to specific debt securities will also describe any special considerations and certain additional tax considerations applicable to such debt securities.

Subordination

The prospectus supplement relating to any offering of subordinated debt securities will describe the specific subordination provisions. However, unless otherwise noted in the prospectus supplement, subordinated debt securities will be subordinate and junior in right of payment to any existing senior indebtedness.

| 29 |

Unless otherwise specified in the applicable prospectus supplement, under the subordinated indenture, “senior indebtedness” means all amounts due on obligations in connection with any of the following, whether outstanding at the date of execution of the subordinated indenture, or thereafter incurred or created:

| ● | the                                                                                                                                     
 principal of (and premium, if any) and interest due on our indebtedness for borrowed money and indebtedness evidenced by bonds, notes,  
 debentures