0001104659-24-000371.txt : 20240102 0001104659-24-000371.hdr.sgml : 20240102 20240102164518 ACCESSION NUMBER: 0001104659-24-000371 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240102 FILED AS OF DATE: 20240102 DATE AS OF CHANGE: 20240102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BIT ORIGIN Ltd CENTRAL INDEX KEY: 0001735556 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38857 FILM NUMBER: 24503133 BUSINESS ADDRESS: STREET 1: 27F, SAMSUNG HUB CITY: 3 CHURCH STREET STATE: U0 ZIP: 049483 BUSINESS PHONE: 347-556-4747 MAIL ADDRESS: STREET 1: 27F, SAMSUNG HUB CITY: 3 CHURCH STREET STATE: U0 ZIP: 049483 FORMER COMPANY: FORMER CONFORMED NAME: China Xiangtai Food Co., Ltd. DATE OF NAME CHANGE: 20180326 6-K 1 tm241519-1_6k.htm 6-K

 

 

 

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 January 2024

 

Commission File Number: 001-38857

 

Bit Origin Ltd

 

(Translation of registrant’s name into English)

 

27F, Samsung Hub

3 Church Street Singapore 049483

T: 347-556-4747

(Address of principal executive office)

 

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  x Form 40-F  ¨

 

 

 

 

 

 

 

As previously disclosed in the Report on Form 6-K, on December 7, 2023, Bit Origin Ltd (the “Company”) entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an accredited investor (the “Buyer”) relating to the issuance and sale of a senior secured convertible note (the “Note”) in the principal amount of $6,740,000 and warrants to purchase ordinary shares of the Company (the “Warrants” and such ordinary shares underlying the Warrants, the “Warrant Shares”). On December 29, 2023, the Company completed its sale to the Buyer of the Note and Warrants to purchase 1,070,719 Warrant Shares pursuant to the Securities Purchase Agreement. The gross proceeds from the sale of the Note and Warrants were $6,127,334, prior to deducting transaction fees and estimated expenses.

 

The Company also entered into a registration rights agreement (the “Registration Rights Agreement”), dated December 29, 2023, with the Buyer, and a security and pledge agreement (the “Security and Pledge Agreement”). dated December 29, 2023, with the Buyer and certain of the Company’s subsidiaries (the “Guarantor Subsidiaries”). The Guarantor Subsidiaries also entered into a guranty (the “Guaranty”) dated December 29, 2023, with the Buyer. The Note, the Warrants, the Registration Rights Agreement, the Security and Pledge Agreement and the Guaranty are in substantially the form filed as Exhibit 4.1, 4.2, 10.2, 10.3 and 10.4 to the Report on Form 6-K filed with the U.S. Securities and Exchange Commission on December 12, 2023.

 

This Report on Form 6-K is incorporated by reference into the Registration Statement on Form F-3 of the Company (Registration Numbers 333-275602).

  

 

 

 

 

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.

 

Date: January 2, 2024 BIT ORIGIN LTD 
     
  By: /s/ Lucas Wang
  Name: Lucas Wang
  Title: Chief Executive Officer and Chairman of the Board