Company: BTBT
Filing Date: 2025-06-18
Form Type: S-3/A
Source: 0001213900-25-055565
Chunk: 43

Company: Bit Digital, Inc
Filing Date: 2025-06-18
Form: S-3/A
Chunk 43
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 and our current articles of association, if our capital is divided into different classes of shares, the rights attaching to any
class of share (unless otherwise provided by the terms of issue of the shares of that class) may be varied with the consent in writing
of the holders of three-fourths of the issued shares of that class or with the sanction of a resolution passed by not less than three-fourths
of such holders of the shares of that class as may be present in person or by proxy at a separate general meeting of the holders of the
shares of that class. Unless the terms on which a class of shares was issued state otherwise, the rights conferred on the shareholder
holding shares of any class shall not be deemed to be varied by the creation or issue of further shares ranking pari passu with the existing
shares of that class.

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Amendment of Governing Documents.Under the Delaware General Corporation Law, a corporation’s governing documents may be amended with the approval
of a majority of the outstanding shares entitled to vote, unless the certificate of incorporation provides otherwise. As permitted by
Cayman Islands law, our current memorandum and articles of association may only be amended with a special resolution of our shareholders.

Rights of Non-resident or Foreign Shareholders.There are no limitations imposed by our Memorandum and Articles on the rights of non-resident
or foreign shareholders to hold or exercise voting rights on our shares. In addition, there are no provisions in our current memorandum
and articles of association governing the ownership threshold above which shareholder ownership must be disclosed.

Share Options

Share-based compensation such as restricted stock
units (“RSUs”), incentive and non-statutory stock options, restricted shares, share appreciation rights and share payments
may be granted to any directors, employees and consultants of the Company or affiliated companies under 2021 Omnibus Equity Incentive
Plan (“2021 Plan”), 2021 Second Omnibus Equity Incentive Plan (“2021 Second Plan”) and 2023 Omnibus Equity Incentive
Plan (“2023 Plan”, together the “Plans”). An aggregate of 2,415,293 RSUs were granted under the 2021 Plan and
no ordinary shares remain reserved for issuance under the 2021 Plan. There are 5,000,000 ordinary shares reserved for issuance under
the Company’s 2021 Second Plan, under which 4,211,372 RSUs and 395,000 share options have been granted as of March 31