Bitcoin Depot amends equity support agreement

Bitcoin Depot announced the execution of an amendment to the PIPE Agreement dated June 23, 2023 between the Company, certain of its subsidiaries and the subscribers thereto. Pursuant to the Amendment and upon the closing of the private sale by the Subscribers of all of their shares of Series A Convertible Preferred Stock of the Company as discussed below, all Reference Periods will be pulled forward and the economic arrangements set forth in the forward agreement provisions in the PIPE Agreement settled in full based on the net price in the private sale. The Company will receive a small payment in connection with the settlement of the Reference Periods.