Company: ABTS
Filing Date: 2025-05-30
Form Type: F-3/A
Source: 0001641172-25-013026
Chunk: 65

Company: Abits Group Inc
Filing Date: 2025-05-30
Form: F-3/A
Chunk 65
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 responsibility to initiate any proceedings at law or otherwise, or to make any demand upon us. Any holder of a warrant may, without the consent of the related warrant agent or the holder of any other warrant, enforce by appropriate legal action its right to exercise, and receive the securities purchasable upon exercise of, its warrants.

Modification of the Warrant Agreement

The warrant agreements may permit us and the warrant agent, if any, without the consent of the warrant holders, to supplement or amend the agreement in the following circumstances:

| ● | to                  
 cure any ambiguity; |

| ● | to                                                                                                       
 correct or supplement any provision which may be defective or inconsistent with any other provisions; or |

| ● | to                                                                                                                               
 add new provisions regarding matters or questions that we and the warrant agent may deem necessary or desirable and which do not 
 adversely affect the interests of the warrant holders.                                                                           |

<div align='center'>DESCRIPTION OF RIGHTS</div>

We may issue rights to purchase ordinary shares, preferred shares, debt securities or warrants that we may offer to our securityholders. The rights may or may not be transferable by the persons purchasing or receiving the rights. In connection with any rights offering, we may enter into a standby underwriting or other arrangement with one or more underwriters or other persons pursuant to which such underwriters or other persons would purchase any offered securities remaining unsubscribed for after such rights offering. Each series of rights will be issued under a separate rights agent agreement to be entered into between us and a bank or trust company, as rights agent, that we will name in the applicable prospectus supplement. The rights agent will act solely as our agent in connection with the rights and will not assume any obligation or relationship of agency or trust for or with any holders of rights certificates or beneficial owners of rights.

| 37 |

The prospectus supplement relating to any rights that we offer will include specific terms relating to the offering, including, among other matters:

| ● | the                                                                          
 date of determining the securityholders entitled to the rights distribution; |

| ● | the                                                                                                                               
 aggregate number of rights issued and the aggregate number of shares of ordinary shares, preferred shares, or aggregate principal 
 amount of debt securities purchasable upon exercise of the rights;                                                                |

| ● | the             
 exercise price; |

| ● | the                                              
 conditions to completion of the rights offering; |

| ● | the                                                                                                            
 date on which the right to exercise the rights will commence and the date on which the rights will expire; and |