PANews reported on September 5 that according to PRNewswire, Ethereum treasury company BitMine immersion Technologies issued a statement on NYSE American's listing and entry into the capital market, stating that the company has been listed on NYSE American, a subsidiary of the New York Stock Exchange, and can issue shares through the existing shelf registration without shareholder approval. The current ATM financing plan is still a registered legal public transaction and does not require shareholder approval to continue. Therefore, it is not subject to Nasdaq's requirement that listed companies must obtain shareholder approval before issuing new shares to purchase cryptocurrencies. Earlier news, people familiar with the matter revealed that Nasdaq is strengthening its scrutiny of listed companies that often raise funds to purchase and hoard cryptocurrencies to push up stock prices.PANews reported on September 5 that according to PRNewswire, Ethereum treasury company BitMine immersion Technologies issued a statement on NYSE American's listing and entry into the capital market, stating that the company has been listed on NYSE American, a subsidiary of the New York Stock Exchange, and can issue shares through the existing shelf registration without shareholder approval. The current ATM financing plan is still a registered legal public transaction and does not require shareholder approval to continue. Therefore, it is not subject to Nasdaq's requirement that listed companies must obtain shareholder approval before issuing new shares to purchase cryptocurrencies. Earlier news, people familiar with the matter revealed that Nasdaq is strengthening its scrutiny of listed companies that often raise funds to purchase and hoard cryptocurrencies to push up stock prices.

BitMine: Not subject to Nasdaq's requirements for crypto treasury companies raising funds through rights offerings

2025/09/05 16:09

PANews reported on September 5 that according to PRNewswire, Ethereum treasury company BitMine immersion Technologies issued a statement on NYSE American's listing and entry into the capital market, stating that the company has been listed on NYSE American, a subsidiary of the New York Stock Exchange, and can issue shares through the existing shelf registration without shareholder approval. The current ATM financing plan is still a registered legal public transaction and does not require shareholder approval to continue. Therefore, it is not subject to Nasdaq's requirement that listed companies must obtain shareholder approval before issuing new shares to purchase cryptocurrencies.

Earlier news, people familiar with the matter revealed that Nasdaq is strengthening its scrutiny of listed companies that often raise funds to purchase and hoard cryptocurrencies to push up stock prices.

Market Opportunity
EPNS Logo
EPNS Price(PUSH)
$0.01062
$0.01062$0.01062
-0.18%
USD
EPNS (PUSH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.