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Form 6-K BIT Mining Ltd For: Apr 12

April 12, 2021 4:05 PM EDT

 

 

 

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 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of April 2021

 

Commission File Number: 001-36206

 

 

 

BIT Mining Limited 

 

 

 

14F, West Side, Block B, Building No. 7

Shenzhen Bay Eco-Technology Park

Nanshan District

Shenzhen, 518115

People’s Republic of China

(86 755) 8633 0000

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F x           Form 40-F ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ¨           No x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 

 

 

 

 

TABLE OF CONTENTS

 

SIGNATURE 4
EX-99.1  

 

2

 

 

TABLE OF CONTENTS

 

Exhibit 99.1 – BIT Mining Limited (500.com Limited) Announces Voting Results of Extraordinary General Meeting

 

3

 

 

SIGNATURE

 

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.

 

 

  BIT Mining Limited
     
     
  By: /s/ Xianfeng Yang
  Name:   Xianfeng Yang
  Title: Chief Executive Officer

 

Date: April 12, 2021 

 

4

 

 

Exhibit 99.1

 

BIT Mining Limited (500.com Limited) Announces Voting Results of Extraordinary General Meeting

 

SHENZHEN, China, April 12, 2021 /PRNewswire/— BIT Mining Limited (500.com Limited, NYSE: WBAI) (“BIT Mining Limited” or the “Company”), a leading cryptocurrency mining enterprise, today announced that at its extraordinary general meeting, held on April 8, 2021, the Company’s shareholders passed both (i) the special resolution to change the English name of the Company to “BIT Mining Limited”, effective as of April 8, 2021 and (ii) the ordinary resolution to increase the authorized share capital of the Company by US$50,000 through the addition of 900,000,000 Class A Ordinary Shares of a nominal or par value of US$0.00005 each and 100,000,000 Class B Ordinary Shares of a nominal or par value of US$0.00005 each. Together with the previously authorised share capital, the company’s total share capital is now US$100,000, which is divided into 1,599,935,000 Class A Ordinary Shares of a nominal or par value of US$0.00005 each, 65,000 Class A Preference Shares of a nominal or par value of US$0.00005 each, issued in accordance to the Board Minutes dated April 5, 2021 and 400,000,000 Class B Ordinary Shares of a nominal or par value of US$0.00005 each.

 

As previously announced by the Company on March 8, 2021, a majority of its Board of Directors (the “Board”) resolved to change (i) the Company’s English name to “BIT Mining Limited” (the “English Name Change”), subject to shareholder approval being received for the English Name Change, (ii) the Company’s Chinese business name to “比特矿业”, and (iii) the Company’s ticker symbol to “BTCM”.

 

The Company’s American Depositary Shares (“ADSs”), each representing the right to receive 10 Class A ordinary shares with par value of US$0.00005 per share, of the Company, are listed on the NYSE under the ticker symbol “WBAI”. The Company’s ADSs are expected to begin trading under the Company’s new English name, “BIT Mining Limited”, and its new ticker symbol, “BTCM”, effective at the opening of trading on Tuesday, April 20, 2021.

 

New Agent for Service of Process

 

The Company previously appointed Law Debenture Corporate Services Inc. as its agent for the service of process in respect of the Company’s Registration Statement on Form F-1 (File No. 333-191844), as amended, initially filed with the SEC on October 22, 2013 (the “Form F-1 Registration Statement”), this appointment has now expired. The Company also announced today that it has appointed Cogency Global Inc., currently located at 122 East 42nd Street, 18th Floor, New York, New York 10168, as its successor agent for the service of process in respect of the Form F-1 Registration Statement, effective as of and after April 9, 2021.

 

About BIT Mining Limited

 

BIT Mining Limited (NYSE: WBAI) is committed to becoming a leading cryptocurrency mining enterprise. Since announcing its entry into the cryptocurrency industry in December 2020, the Company has entered into definitive agreements to (i) purchase cryptocurrency mining machines, (ii) increase holdings of Loto Interactive Limited (HKEX: 08198), a subsidiary of the Company that owns big data centers, (iii) acquire the entire mining pool business of Bitdeer Technologies Holding Company, operated under BTC.com, including the domain name BTC.com and the cryptocurrency wallet of BTC.com, and (iv) acquire Bee Computing (HK) Limited, a 7-nanometer mining machine manufacturer, to unfurl an approach to the full industry chain of cryptocurrency mining. BIT Mining was also an online sports lottery service provider in China.The Company offers a comprehensive and integrated suite of online lottery services, information, user tools and virtual community venues to its users.

 

 

 

 

Safe Harbor Statements

 

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 further information:

 

BIT Mining.com Limited

[email protected]

Ms. Danni Zheng

Phone: +86 755 8633 8005

 

The Piacente Group, Inc.

Helen Wu

Tel: +86 (10) 6508-0677

Email: [email protected]

 

In the United States:

The Piacente Group, Inc.

Brandi Piacente

Tel: +1 (212) 481-2050

Email: [email protected]

 

 

 



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