IPO - Athena Bitcoin Global

Form Type: S-1/A

Filing Date: 2025-05-12

Corporate Action: Ipo

Type: Update

Accession Number: 000168316825003402

Filing Summary: On May 12, 2025, Athena Bitcoin Global filed Amendment No. 9 to their Form S-1 registration statement under the Securities Act of 1933, aimed to facilitate a public offering of securities. The filing is primarily designed to amend the exhibit index and includes Exhibit 5.1 and 107. This amendment does not alter the preliminary prospectus from Amendment No. 8 filed on May 5, 2025. The issuer is categorized as a smaller reporting company and an emerging growth company, indicating it benefits from certain regulatory exemptions. The estimated total expenses related to the issuance and distribution of the securities are detailed, totaling approximately $498,126, which includes SEC registration fees, printing, accounting, and legal fees. Indemnification provisions for directors and officers are outlined, consistent with Nevada corporate law. The document confirms that the registrant plans to sell its securities as soon as the registration statement becomes effective. The summary emphasizes the ongoing preparations for a public offering and the associated regulatory compliance initiatives.

Form Type: S-1/A

Filing Date: 2025-05-05

Corporate Action: Ipo

Type: Update

Accession Number: 000168316825003128

Filing Summary: This document represents an amendment to the registration statement for Athena Bitcoin Global, a company operating a network of Bitcoin ATMs. It details the registration of 34,650,000 shares of common stock for resale by selling shareholders, specifically shares that may be issued upon conversion of a 6% Convertible Debenture due in 2023. The resales are required under a Securities Purchase Agreement associated with previous private placement financing. The registration is intended to facilitate a public offering of the common stock as part of Athena's strategy to establish a stronger market presence and attract further investment. The prospectus highlights risks associated with investing in their common stock, which is currently traded on the OTC Pink Market, and notes that the company has aspirations to transition to a more recognized exchange. It is also characterized as an emerging growth company, eligible for reduced reporting requirements. The document emphasizes that no shares are being sold by the company itself, and proceeds will not benefit Athena directly as only selling shareholders will transact.

Form Type: S-1/A

Filing Date: 2025-04-10

Corporate Action: Ipo

Type: Update

Accession Number: 000168316825002408

Filing Summary: Athena Bitcoin Global has filed Amendment No. 7 to its Form S-1 registration statement, which includes the resale of up to 34,650,000 shares of its common stock by selling shareholders. The filing is in compliance with a Securities Purchase Agreement established with these shareholders related to the 6% Convertible Debentures issued during a private placement in 2021. The amendment indicates the company's efforts to become a reporting entity under the Securities Exchange Act, aiming to trade publicly on larger exchanges like OTCQB. The company emphasizes its role in the cryptocurrency market through its network of ATMs that facilitate transactions of Bitcoin for fiat currency. It states that while the common stock is currently traded on OTC Pink, the goal is to enhance public visibility and capital acquisition opportunities. Noteworthy is the current trading status of its shares at $0.04 as of April 9, 2025, amidst a noted lack of robust trading activity. The document also addresses risks associated with the investment, potential future financial performance, and the regulatory landscape as an emerging growth company.

Form Type: S-1/A

Filing Date: 2025-02-11

Corporate Action: Ipo

Type: Update

Accession Number: 000168316825000920

Filing Summary: This document is Amendment No. 6 to the Registration Statement for Athena Bitcoin Global under the Securities Act of 1933. The amendment relates to the proposed public offering of up to 34,650,000 shares of common stock by Selling Shareholders, derived from the conversion of 6% Convertible Debentures Due 2023 that were issued in a private placement in 2021. The registration statement includes provisions for the reselling of shares, but clarifies that no new shares are being offered by the Company itself, nor will it receive proceeds from this offer. The common stock is currently traded on the OTC Pink Market under the symbol 'ABIT', with a last reported sale price of $0.06 on February 10, 2025. The document emphasizes that this prospectus is subject to updates and caution regarding forward-looking statements, risk factors associated with investing in these shares, and reaffirms the company's status as an emerging growth company. The management aims for a more substantial public trading market through this registration, reflecting the intentions and strategies to enhance their presence in the cryptocurrency landscape, specifically connecting cash with cryptocurrencies through their ATM services, which facilitate transactions in local fiat currencies.