BTC Digital announces share consolidation

BTC Digital announced that the Company plans to effect a share consolidation of 20 ordinary shares with par value of 0.3c per share each in the Company’s issued and unissued share capital into 1 ordinary share with par value of 6c. As a result of the Share Consolidation, each 20 pre-consolidation ordinary shares outstanding will automatically combine and convert into one issued and outstanding ordinary share without any action on the part of the shareholders. The Share Consolidation will be effective on August 23. Beginning with the opening of trading on August 24 the Company’s ordinary shares will begin trading on a post-Share Consolidation basis on the Nasdaq Capital Market under the same symbol “METX” but under a new CUSIP number of G6055H 155. No fractional shares will be issued in connection with the Share Consolidation. All fractional shares will be rounded up to the whole number of shares. Immediately following the Share Consolidation, the authorized share capital of the Company will be $1.50M divided into 25,000,000 ordinary shares of a par value of 6c each.