IPO - Bitcoin Depot Inc.

Form Type: S-3

Filing Date: 2025-06-20

Corporate Action: Ipo

Type: New

Accession Number: 000119312525143721

Filing Summary: Bitcoin Depot Inc., a leading provider of Bitcoin ATMs across North America, has filed a Form S-3 registration statement with the SEC on June 20, 2025. This registration statement is intended for the offering of various securities, including up to $100,000,000 of the company's Class A common stock, preferred stock, warrants, and/or units. The filing serves as a replacement registration statement under Rule 415(a)(6) for securities previously left unsold from a prior registration statement declared effective on November 26, 2024. Bitcoin Depot operates approximately 8,483 BTMs in retail locations, facilitating access to the digital financial system for cash users. The company is also recognized for its significant deployment with Circle K, where they serve as the exclusive operator of BTMs. The registration aims to provide them with flexibility to sell these securities on a delayed or continuous basis, leveraging their emerging growth company status to access capital while being subject to less stringent regulatory requirements. Key risk factors related to investing in their securities are outlined, emphasizing the need for potential investors to carefully evaluate these risks before making investment decisions.