Company: BTBT
Filing Date: 2025-10-31
Form Type: S-3ASR
Source: 0001213900-25-104745
Chunk: 13

Company: Bit Digital, Inc
Filing Date: 2025-10-31
Form: S-3ASR
Chunk 13
---
 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 liquidation may, with the sanction of a special resolution and any other sanction required by the
Companies Act, consist in whole or in part of property, which is not required to be of the same kind for all shareholders.

Calls on ordinary shares and Forfeiture of ordinary shares. Our board of directors may from time to time make calls upon shareholders for any amounts
unpaid on their ordinary shares in a notice served to such shareholders at least 14 days prior to the specified time of payment. Any ordinary
shares that have been called upon and remain unpaid are subject to forfeiture.

Redemption of ordinary shares. We may, subject to obtaining the necessary approvals under our memorandum and articles of association, issue shares that
are, or at our option or at the option of the holders are, subject to redemption. Under the Companies Act, shares of a Cayman Islands
exempted company may be redeemed or repurchased out of profits of the company, out of the proceeds of a fresh issue of shares made for
that purpose or out of capital, provided the memorandum and articles of association authorize this (and any necessary approvals thereunder
are duly obtained) and the company has the ability to pay its debts as they fall due in the ordinary course of business.

No Preemptive Rights. Holders
of ordinary shares do not have preemptive or preferential right to purchase any securities of our company.

Variation of Rights Attaching to Shares. If at any time the share capital is divided into different classes of shares, the rights attaching to any class (unless
otherwise provided by the terms of issue of the shares of that class) may, subject to the memorandum and articles of association, be varied
or abrogated 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.

Anti-Takeover Provisions. Some
provisions of our current memorandum and articles of association may discourage, delay or prevent a change of control of our company or