Bit Origin announces court hearing for share capital reduction

Bit Origin (BTOG) announced that a court hearing will be held at 10:00 a.m. on June 5, before the Grand Court of the Cayman Islands to consider the confirmation of its proposed share capital reduction. On May 1, the company presented a petition to the Grand Court of the Cayman Islands for confirmation of the share capital reduction. The petition is directed to be heard before a Judge in the Grand Court of the Cayman Islands at 10:00 a.m. on June 5.