Form 4: Bitcoin Depot Inc.: Executive Mintz and BT Assets, Inc. Report Changes in Beneficial Ownership
SEC Form 4 Filing
Brandon Taylor Mintz, a director and officer of Bitcoin Depot Inc., and BT Assets, Inc., reported changes in beneficial ownership of Class A and Class V common stock due to an exchange transaction.
Summary
- On April 24, 2024, Brandon Taylor Mintz, in conjunction with BT Assets, Inc., reported changes in beneficial ownership of Bitcoin Depot Inc. stock.
- BT Assets, Inc. exchanged 2,906,976 shares of Class V Common Stock for 2,906,976 shares of Class A Common Stock at a price of $1.72 per share.
- Following the transaction, BT Assets, Inc. indirectly owns 41,193,024 shares of Class A Common Stock.
- Mintz is the sole voting stockholder and member of the Board of Directors of BT Assets, Inc. and may be deemed to beneficially own the reported securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing reflects changes in ownership structure, which is a common occurrence in publicly traded companies. The exchange of Class V shares for Class A shares could be related to strategic decisions regarding voting rights or liquidity.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it involves a conversion of share classes, potentially affecting voting rights and share liquidity.
Key Dates
| Date | Description |
|---|---|
| June 30, 2023 | Date of the Amended and Restated Limited Liability Company Agreement of BT HoldCo LLC. |
| April 24, 2024 | Date of the transaction involving the exchange of Class V Common Stock for Class A Common Stock. |
| April 26, 2024 | Date of signature for the report. |
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