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Abits Group Inc (ABTS) Form 6-K — Nov 2, 2026

$ABTSForm 6-KFiled Nov 2, 2026, 9:17 AM ET0001493152-26-049581Original filing

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

AI analysis

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