Abits Group Inc (ABTS) Form 6-K — Nov 2, 2026
Abits Group entered a Leak-Out Agreement and a Standstill Waiver and Commitment Share True-Up Letter Agreement with Shakawe Capital LLC on October 30, 2026, both tied to their September 14, 2026 Equity Purchase Agreement. Under the Leak-Out Agreement, Shakawe and its trading affiliates cannot sell Commitment Shares (including True-Up Commitment Shares) in excess of 10% of daily Nasdaq trading volume until they no longer hold any, though Abits can waive the restriction at its discretion. Under the Letter Agreement, Shakawe waived the post-effectiveness standstill to allow Abits to deliver put notices and sell Put Shares once its F-1 resale registration statement is effective.
Key figures
- Daily Leak Out Cap
- 10% of daily trading volume
- Commitment Fee Usd
- 7500000
- True Up Measurement Date
- 60th calendar day after Registration Statement effectiveness
- Registered Commitment Shares
- 32327587
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