0001104659-23-124088.txt : 20231206
0001104659-23-124088.hdr.sgml : 20231206
20231206200018
ACCESSION NUMBER: 0001104659-23-124088
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231130
FILED AS OF DATE: 20231206
DATE AS OF CHANGE: 20231206
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Genoot Asher
CENTRAL INDEX KEY: 0001999341
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-41864
FILM NUMBER: 231470855
MAIL ADDRESS:
STREET 1: 1221 BRICKELL AVENUE, SUITE 900
CITY: MIAMI
STATE: FL
ZIP: 33131
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Hut 8 Corp.
CENTRAL INDEX KEY: 0001964789
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 922056803
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1101 BRICKELL AVENUE, SUITE 1500
CITY: MIAMI
STATE: FL
ZIP: 33131
BUSINESS PHONE: 305-224-6427
MAIL ADDRESS:
STREET 1: 1101 BRICKELL AVENUE, SUITE 1500
CITY: MIAMI
STATE: FL
ZIP: 33131
4/A
1
tm2332310-8_4aseq1.xml
OWNERSHIP DOCUMENT
X0508
4/A
2023-11-30
2023-12-04
0
0001964789
Hut 8 Corp.
HUT
0001999341
Genoot Asher
C/O HUT 8 CORP.
1101 BRICKELL AVENUE, SUITE 1500
MIAMI
FL
33131
1
1
0
0
President
0
Common stock, par value $0.01 per share
2023-11-30
4
J
0
3308850
0.00
A
3308850
D
Stock Option (right to buy)
0.39
2023-11-30
4
A
0
704449
0.00
A
2033-01-04
Common Stock, par value $0.01 per share
704449
704449
D
On November 30, 2023, in connection with the consummation of the business combination (the "Business Combination") by and among Hut 8 Corp. (the
"Company"), U.S. Data Mining Group, Inc., a Nevada corporation ("USBTC") and Hut 8 Mining Corp., a corporation existing under the laws of British
Columbia ("Hut 8"), the Reporting Person exchanged his shares of USBTC common stock for shares of the Company's Common Stock, par value $0.01 per
share ("Common Stock"), at an exchange ratio of 0.6716 in accordance with the terms of the Business Combination. The acquisition of these shares pursuant
to the consummation of the Business Combination were exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, pursuant to Rule
16b3(d) given the Business Combination, and the Reporting Person's receipt of the Company's shares, was approved and ratified by both the Company's
board of directors and shareholders.
Represents options to purchase the Company's Common Stock issued to the Reporting Person in replacement of the options (the "USBTC Options") held
by the Reporting Person to purchase shares of common stock of USBTC prior to the consummation of the Business Combination on November 30, 2023.
The USBTC Options were originally issued by USBTC on January 5, 2023.
The shares vest over a four-year period which began on January 5, 2023, with 176,112 shares vesting on January 5, 2024 and the remaining shares vesting
pro-rata on a monthly basis over the remaining three-year period.
On December 4, 2023, the Reporting Person filed a Form 4 which inadvertently omitted the number of shares held by the Reporting Person in a Roth IRA
in Table I, Column 5. This Form 4/A makes the correction to report that the Reporting Person beneficially owns 3,308,850 shares of Common Stock, with
3,044,408 held individually and 264,442 held in the Reporting Person's Roth IRA.
/s/ Asher Genoot
2023-12-06