# EDGAR Filing Document

**Accession Number:** 0001829311
**File Stem:** 0001683168-25-004240
**Filing Date:** 2025-6
**Character Count:** 16373
**Document Hash:** 1d775208d43f4e75d4e927094271ee39
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683168-25-004240.hdr.sgml**: 20250604

**ACCESSION NUMBER**: 0001683168-25-004240

**CONFORMED SUBMISSION TYPE**: S-1MEF

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20250604

**DATE AS OF CHANGE**: 20250604

**EFFECTIVENESS DATE**: 20250604

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BITMINE IMMERSION TECHNOLOGIES, INC.
- **CENTRAL INDEX KEY:** 0001829311
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 843986354
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** S-1MEF
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287788
- **FILM NUMBER:** 251024740

**BUSINESS ADDRESS:**
- **STREET 1:** 10845 GRIFFITH PEAK DR. #2
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89135
- **BUSINESS PHONE:** 562-310-0160

**MAIL ADDRESS:**
- **STREET 1:** 10845 GRIFFITH PEAK DR. #2
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89135

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sandy Springs Holdings, Inc.
- **DATE OF NAME CHANGE:** 20201021

?xml version='1.0' encoding='ASCII'? BITMINE IMMERSION TECHNOLOGIES, INC. S-1 MEF

**As filed with the Securities and Exchange Commission on June 4, 2025.**

**Registration No. 333–** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-1**

**REGISTRATION STATEMENT**

***UNDER***

***THE SECURITIES ACT OF 1933***

**BITMINE IMMERSION TECHNOLOGIES, INC.**

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **7374** | **84-3986354** |
| **(State or other jurisdiction of**<br> **incorporation or organization)** | **(Primary Standard Industrial**<br> **Classification Code Number)** | **(I.R.S. Employer**<br> **Identification No.)** |

---

**10845 Griffith Peak Dr., #2**

**Las Vegas, Nevada 89135**

**Telephone: (404) 816-8240**

**(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)** 

***Copies to:***

---

| | |
|:---|:---|
| **Lynne Bolduc, Esq.**<br> **FitzGerald Kreditor Bolduc Risbrough LLP**<br> **2 Park Plaza, Suite 850**<br> **Irvine, California 92614**<br> **Telephone: (949) 788-8900** | **David Huberman, Esq.<br> Win Rutherfurd, Esq.<br> Greenberg Traurig, P.A.**<br> **333 SE 2nd Avenue, Suite 4400**<br> **Miami, Florida 33131**<br> **Telephone: (305) 579-0500** |

---

**Approximate date of commencement of proposed sale to the public**: As soon as practicable after the effective date of this registration statement.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☐

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒ 333-284361

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**The Registration Statement shall become effective upon filing in accordance with Rule 462(b) promulgated under the Securities Act of 1933, as amended.**

**EXPLANATORY NOTE AND INCORPORATION OF CERTAIN INFORMATION BY REFERENCE**

This registration statement (the "***Registration Statement***") is being filed pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the "***Securities Act***") by Bitmine Immersion Technologies, Inc. (the "***Registrant***") for the sole purpose of registering up to an additional (i) 431,250 shares of common stock, and (ii) underwriter warrants to purchase common stock and 21,562 shares of common stock issuable upon exercise of the underwriter warrants. This Registration Statement relates to the public offering of securities contemplated by the registration statement on Form S-1, as amended (File No. 333-284361) (the "***Prior Registration Statement***"), which the Registrant originally filed with the Securities and Exchange Commission (the "***Commissio****n*") on January 21, 2025, and which the Commission declared effective on June 4, 2025. The contents of the Prior Registration Statement, including all exhibits thereto, are incorporated by reference into this registration statement.

The required opinion and consents are listed on an Exhibit Index attached hereto and filed herewith.

The additional securities that are being registered for sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the Filing Fee Table filed as Exhibit 107 to the Prior Registration Statement.

**CERTIFICATION** 

The registrant hereby (i) undertakes to pay the Commission the filing fee set forth on the Filing Fee Table filed as Exhibit 107 of this registration statement by a wire transfer of such amount as soon as practicable (but no later than the close of business on June 4, 2025) and (ii) certifies that it has sufficient funds in the relevant account to cover the amount of such filing fee.

**EXHIBIT INDEX** 

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 5.1 | [Opinion of FitzGerald Kreditor Bolduc Risbrough LLP](bitmine_ex0501.htm) |
| 23.1 | [Consent of Independent Public Accounting Firm (Bush and Associates CPA) dated June 4, 2025](bitmine_ex2301.htm) |
| 23.2 | Consent of FitzGerald Kreditor Bolduc Risbrough LLP (contained in [Exhibit 5.1](bitmine_ex0501.htm)) |
| 24.1\* | [Power of Attorney](http://www.sec.gov/ix?doc=/Archives/edgar/data/1829311/000168316825000444/bitmine_s1.htm) (included in signature page) |
| 107 | [Filing Fee Table](bitmine_ex107.htm) |

---

\* Previously filed on the signature page to the Prior Registration Statement filed with the Commission on January 21, 2025 and incorporated by reference herein.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Las Vegas, State of Nevada, on the 4th day of June, 2025.

---

| |
|:---|
| Bitmine Immersion Technologies, Inc.<br>|
| /s/ Jonathan Bates |
| Name: Jonathan Bates |
| Title: Chief Executive Officer<br> (Principal Executive Officer) |

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form S-1 has been signed by the following person in the capacities and on the date indicated.

---

| | | |
|:---|:---|:---|
| Name | Position | Date |
| /s/ Jonathan Bates | Chief Executive Officer and Director | June 4, 2025 |
| Jonathan Bates | (Principal Executive Officer) |  |
| \* | Director and President | June 4, 2025 |
| Erik S. Nelson |  |  |
| \* | Chief Financial Officer and Director | June 4, 2025 |
| Raymond Mow | (Principal Financial Officer) |  |
| \* | Director and Corporate Secretary | June 4, 2025 |
| Seth Bayles |  |  |
| \* | Director | June 4, 2025 |
| John Kelly |  |  |
| \* | Director | June 4, 2025 |
| Michael Maloney |  |  |
| \* | Director | June 4, 2025 |
| Lori Love |  |  |
| /s/ Jonathan Bates | Chief Executive Officer and Director | June 4, 2025 |
| Jonathan Bates<br> Attorney-in-Fact | (Principal Executive Officer) |  |

---

## Exhibit 5.1

**Exhibit 5.1**

![](image_002.jpg)

June 4, 2025

Board of Directors

Bitmine Immersion Technologies, Inc.

10845 Griffith Peak Dr., #2

Las Vegas, Nevada 89135

**Re: Securities Registered Under Registration Statement on Form S-1 Pursuant to 462(b)**

Ladies and Gentlemen:

We have acted as counsel to Bitmine Immersion Technologies, Inc., a Delaware corporation (the "Company"), in connection with the preparation and filing by the Company with the Securities and Exchange Commission (the "Commission") pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the "Act") of a registration statement on Form S-1 (the "462(b) Registration Statement") which relates to the Company's Registration Statement on Form S-1 (File No. 333-284361) (the "Registration Statement") initially filed by the Company on January 21, 2025 and declared effective by the Commission on June 4, 2025.

The 462(b) Registration Statement relates to the offer and sale by the Company of up to an additional (i) 431,250 shares of its Common Stock, par value of $0.0001 per share (the "Common Stock"); (ii) warrants to purchase Common Stock that the Company has agreed to issue to ThinkEquity LLC (the "Representative Warrants"); and (iii) 21,562 shares (the "Warrant Shares") of Common Stock underlying the Representative Warrants. The Common Stock, Representative Warrants, and Warrant Shares are referred to herein collectively as the "Securities."

The Securities are proposed to be issued and sold by the Company pursuant to an Underwriting Agreement (the "Underwriting Agreement") by and between the Company and ThinkEquity LLC, substantially in the form filed as Exhibit 1.1 to the Registration Statement.

This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or related prospectus, other than as expressly stated herein with respect to the issue of the Securities.

As such counsel, we have examined such matters of fact and questions of law as we have considered appropriate for purposes of this letter. We have relied upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We are opining herein as to the Delaware General Corporation Law of the State of Delaware and federal laws of the United States and we express no opinion with respect to any other laws.

Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, when the Securities shall have been duly registered on the books of the transfer agent and registrar therefor in the name or on behalf of the purchasers, and have been issued by the Company against payment therefor in total numbers that do not exceed the total number of securities available under the Company's certificate of incorporation and in the circumstances contemplated by the form of underwriting agreement most recently filed as an exhibit to the Registration Statement, the issue and sale of the Securities will have been duly authorized by all necessary corporate action of the Company, and the Securities will be validly issued, fully paid and nonassessable. In rendering the foregoing opinion, we have assumed that the Company will comply with all applicable notice requirements regarding uncertificated shares provided in the Delaware General Corporation Law of the State of Delaware.

This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our firm in the prospectus under the heading "Legal Matters." We further consent to the incorporation by reference of this letter and consent into the 462(b) Registration Statement filed with respect to the Securities. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

Sincerely,

<u>/s/ FitzGerald Kreditor Bolduc Risbrough LLP</u>

FitzGerald Kreditor Bolduc Risbrough LLP

## Exhibit 23.1

**Exhibit 23.1**

![A black and white text Description automatically generated](image_001.jpg)

**<u>Consent of Independent Registered Public Accounting Firm</u>**

Bitmine Immersion Technologies, Inc.

Las Vegas, Nevada

We consent to the inclusion in this Registration Statement of Bitmine Immersion Technologies, Inc. (the "Company") on Form S-1MEF, of our report dated April 3, 2025, relating to the consolidated financial statements of Bitmine Immersion Technologies, Inc., and to all references to our firm included in this Registration Statement.

We also consent to the reference to us under the caption "Experts" in the Registration Statement.

/s/ Bush & Associates CPA LLC

Bush & Associates CPA LLC (PCAOB 6797)

Henderson, Nevada

June 4, 2025

## Ex-Filing

**Exhibit 107**

**Filing Fee Table**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>S-1</u> 

(Form Type)

<u>Bitmine Immersion Technologies, Inc.</u>

(Exact Name of Registrant as Specified in its Charter)

<u>Table 1: Newly Registered Securities</u>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Security<br> Type** | **Fee<br> Calculation<br> or Carry<br> Forward<br> Rule** | **Amount<br> Registered** | **Proposed<br> Maximum<br> Offering<br> Price Per<br> Unit<br> ($)** | **Proposed<br> Maximum<br> Aggregate<br> Offering<br> Price<sup>(1)</sup>** | **Fee Rate** | **Amount of<br> Registration<br> Fee<sup>(2)</sup>** |
| Fees to Be Paid | Equity Common Stock, par value $0.0001 per share<sup>(2)</sup> | Rule 457(o) |  |  | $3450000 | $0.00015310 | $528.20 |
|  | Equity Underwriter Warrant to purchase shares of common stock<sup>(3)</sup> | Rule 457(g) |  |  |  |  |  |
|  | Equity Common Stock, par value $0.0001 per share underlying Underwriter Warrant<sup>(2)(4)</sup> | Rule 457(g) and Rule 457(o) |  |  | $215620 | $0.00015310 | $33.01 |
|  | **Total Offering Amounts** | **Total Offering Amounts** |  |  | $3665620 | $0.00015310 | $561.21 |
|  | **Total Fees Previously Paid** | **Total Fees Previously Paid** |  |  |  |  | $— |
|  | **Total Fee Offset** | **Total Fee Offset** |  |  |  |  | $— |
|  | **Net Fee Due** | **Net Fee Due** |  |  |  |  | $561.21 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) Estimated solely for the purpose of calculating the amount of
the registration fee in accordance with Rule 457(o) under the Securities Act of 1933, as amended (the "Securities Act").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The registrant previously registered securities with a Proposed
Maximum Aggregate Offering Price not to exceed $18,328,125 on a registration statement on Form S-1, as amended (File No. 333-284361),
which was declared effective by the Securities and Exchange Commission on June 4, 2025. In accordance with Rule 462(b) under the Securities
Act, an additional amount of securities having a Proposed Maximum Aggregate Offering Price of $3,665,620 is hereby registered.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) No separate registration fee is required pursuant to Rule 457(g).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) Based on a per share exercise price for the Underwriter's
Warrant of 125% of the public offering price per share in this offering.