Company: BTBT
Filing Date: 2025-07-03
Form Type: S-8 POS
Source: 0001213900-25-061371
Chunk: 139

Company: Bit Digital, Inc
Filing Date: 2025-07-03
Form: S-8 POS
Chunk 139
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 entitled to one vote per share, including for the election of directors. Voting at any meeting of shareholders
is by show of hands unless a poll is demanded. On a show of hands, every shareholder present in person or by proxy shall have one vote.
On a poll, every shareholder entitled to vote (in person or by proxy) shall have one vote for each share for which he is the holder. A
poll may be demanded by the chairman or one or more shareholders present in person or by proxy holding not less than fifteen percent of
the paid-up capital of the Company entitled to vote. A quorum required for a meeting of shareholders consists of shareholders who hold
at least one-third of our outstanding shares entitled to vote at the meeting present in person or by proxy. A proxy form will accompany
any notice of general meeting convened by the directors to facilitate the ability of shareholders to vote by proxy.

Any ordinary resolution
to be made by the shareholders requires the affirmative vote of a simple majority of the votes cast in a general meeting (including votes
cast by holders of our preference shares), while a special resolution requires the affirmative vote of no less than two-thirds of the
votes cast (including votes cast by holders of our preference shares). Under Cayman Islands law, some matters, such as amending the memorandum
and articles, changing the name or resolving to be registered by way of continuation in a jurisdiction outside the Cayman Islands, require
approval of shareholders by a special resolution.

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There are no limitations
on non-residents or foreign shareholders in the memorandum and articles to hold or exercise voting rights on the ordinary shares imposed
by foreign law or by the charter or other constituent document of our company. However, no person will be entitled to vote at any general
meeting or at any separate meeting of the holders of the ordinary shares unless the person is registered as of the record date for such
meeting and unless all calls or other sums presently payable by the person in respect of ordinary shares in the Company have been paid.

Winding Up; Liquidation. Upon
the winding up of our company, after the full amount that holders of any issued shares ranking senior to the ordinary shares as to distribution
on liquidation or winding up are entitled to receive has been paid or set aside for payment, the holders of our ordinary shares are entitled
to receive any remaining assets of the Company available for distribution as determined by the liquidator. The assets received by the
holders of our ordinary shares in a