Company: ABTS
Filing Date: 2025-05-30
Form Type: F-3/A
Source: 0001641172-25-013026
Chunk: 45

Company: Abits Group Inc
Filing Date: 2025-05-30
Form: F-3/A
Chunk 45
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Redemption of ordinary shares

The Company may by a resolution of directors redeem, repurchase or otherwise acquire its shares generally with the consent of the relevant shareholders on such terms as the directors may agree with the relevant shareholders, and subject to the memorandum and articles of association and any applicable requirements imposed from time to time by, the BVI Act, the SEC, the Nasdaq Capital Market, or by any recognized stock exchange on which our securities are listed.

Modifications of rights

All or any of the rights attached to any class of shares may, subject to the provisions of the BVI Act, be amended only with the consent in writing of or by a resolution passed at a meeting by the holders of not less than 50 percent of the issued shares in that class.

Changes in the number of shares we are authorized to issue and those in issue

We may from time to time by resolution of our board of directors:

| ● | amend                                                                                                          
 our memorandum of association to increase or decrease the maximum number of shares we are authorized to issue; |

| ● | amend                                                                                                                            
 our memorandum of association to create additional classes of shares with on such terms and in such manner as they may determine 
 in their sole discretion at any time;                                                                                            |

| ● | subject                                                                                                                    
 to our memorandum and articles of association, divide our authorized and issued shares into a larger number of shares; and |

| ● | subject                                                                                                                  
 to our memorandum and articles of association, combine our authorized and issued shares into a smaller number of shares. |

Untraceable shareholders

We are entitled to sell any shares of a shareholder who is untraceable, provided that:

| ● | all                                                                                                                                 
 checks or warrants in respect of dividends of these shares, not being less than three in number, for any sums payable in cash to    
 the holder of such shares have remained uncashed for a period of twelve years prior to the publication of the notice and during the 
 three months referred to in the third bullet point below;                                                                           |

| ● | we                                                                                                                               
 have not during that time received any indication of the whereabouts or existence of the shareholder or person entitled to these 
 shares by death, bankruptcy or operation of law; and                                                                             |

| ● | we                                                                                                                                
 have caused a notice to be published in newspapers in the manner stipulated by our memorandum and articles of association, giving 
 notice of our intention to sell these shares, and a period of three months has elapsed since such notice.                         |

| 21 |

The net proceeds of any