Bit Origin announces 1-for-60 reverse stock split

Bit Origin’s (BTOG) Board of Directors has approved a 1-for-60 reverse stock split of the Company’s Class A ordinary shares and Class B ordinary shares. Beginning with the opening of trading on January 20, the Company’s Class A ordinary shares will trade on the Nasdaq Capital Market on a reverse-split-adjusted basis under the existing ticker symbol “BTOG.” The new CUSIP number of the Company’s Class A ordinary shares will be G21621134.When the Reverse Stock Split becomes effective, every sixty issued and outstanding Class A ordinary shares will be automatically combined into one Class A ordinary share, and every sixty issued and outstanding Class B ordinary shares will be automatically combined into one Class B ordinary share.