Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
August 23 2023 - 8:30AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2023
Commission File Number: 001- 39258
BTC Digital Ltd.
(Translation of registrant’s name into English)
3rd Floor, Tower A
Tagen Knowledge & Innovation Center
2nd Shenyun West Road, Nanshan District
Shenzhen, Guangdong Province 518000
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Exhibits
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: August 23, 2023
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BTC Digital Ltd. |
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By: |
/s/ Siguang Peng |
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Name: |
Siguang Peng |
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Title: |
Chief Executive Officer |
2
Exhibit 99.1
BTC Digital Ltd. Announces Share Consolidation
SHENZHEN, China, August 23, 2023 /PRNewswire/
-- BTC Digital Ltd. (“BTC Digital” or the “Company”) (NASDAQ: METX), a blockchain technology company, today announced
that the Company plans to effect a share consolidation of twenty (20) ordinary shares with par value of $0.003 per share each in the Company’s
issued and unissued share capital into one (1) ordinary share with par value of US$0.06 (the “Share Consolidation”). As a
result of the Share Consolidation, each twenty (20) pre-consolidation ordinary shares outstanding will automatically combine and convert
into one issued and outstanding ordinary share without any action on the part of the shareholders.
The Share Consolidation will be effective at 5:00
p.m. Cayman Islands time on August 23, 2023. Beginning with the opening of trading on August 24, 2023, the Company’s ordinary shares
will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol “METX” but under
a new CUSIP number of G6055H 155. No fractional shares will be issued in connection with the Share Consolidation. All fractional shares
will be rounded up to the whole number of shares. Immediately following the Share Consolidation, the authorized share capital of the Company
will be US$1,500,000 divided into 25,000,000 ordinary shares of a par value of US$0.06 each.
After the Share Consolidation, the Company’s
warrants listed on the Nasdaq Capital Market under the symbol “METXW” which will retain their existing CUSIP number, will
be proportionately adjusted in accordance with their terms. The exercise prices of any outstanding share options, warrants, and equity
incentive plans will be adjusted in accordance with their respective terms.
About BTC Digital Ltd.
BTC Digital Ltd. is a blockchain technology company,
with a long-term strategy to create value across the metaverse, blockchain and cryptocurrency mining industry. The Company is committed
to developing blockchain related businesses in North America, including cryptocurrency mining, mining farm construction, and mining pool
and data center operation.
For more information, please visit: https://meten.investorroom.com
Safe Harbor Statement
This news release contains forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”,
“future”, “intends”, “plans”, “believes”, “estimates”, “target”, “going
forward”, “outlook” and similar statements. Such statements are based upon management’s current expectations and current
market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which
are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance
or achievements to differ materially from those in the forward-looking statements. Further information regarding these and other risks,
uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. The Company does not undertake
any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required
under law.
For investor and media inquiries, please contact:
IR@meten.com
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