CG Power Equity Shares Locked Until September 2025 Under Agreement

Certain Class C-1 Warrants of Bitmine Immersion Technologies are subject to a Lock-Up Agreement ending on September 2, 2025. The agreement restricts the sale, transfer, or disposal of shares of common stock by executive officers, directors, and certain beneficial owners for 180 days from the prospectus date. Additionally, a 90-day lockup period applies to the company and certain 5% or more stockholders starting from June 4, 2025.

BitMine Immersion Technologies (NASDAQ: BMNR) has recently announced a lock-up agreement for its Certain Class C-1 Warrants, which will impact the sale and transfer of shares. This agreement, ending on September 2, 2025, restricts executive officers, directors, and certain beneficial owners from selling, transferring, or disposing of shares of common stock for 180 days from the prospectus date. Additionally, a 90-day lock-up period applies to the company and certain 5% or more stockholders, starting from June 4, 2025 [2].

The lock-up period is a common practice in initial public offerings (IPOs) and secondary offerings to prevent insiders from selling their shares immediately after the offering, which can lead to a temporary drop in the stock price. This agreement ensures that early investors have the opportunity to benefit from the company's growth without immediate selling pressure from insiders.

For investors, the lock-up agreement can have several implications. First, it may provide a period of stability for the stock price, as insiders are unable to sell their shares. Second, it could signal confidence in the company's prospects, as executives and directors are willing to hold their shares for an extended period. However, it is essential to consider the potential risks, such as market volatility and stock price disconnects, as seen in the 72% drop from its recent high despite record holdings [1].

Investors should monitor the lock-up agreement's impact on the stock price and the company's overall performance. As the agreement comes to an end, there may be increased selling pressure from insiders, which could affect the stock price. However, if the company continues to perform well and meets its growth targets, the stock price could see significant appreciation.

In conclusion, the lock-up agreement for BitMine Immersion Technologies' Certain Class C-1 Warrants is a standard practice that aims to provide stability and growth opportunities for early investors. Investors should consider the implications of the agreement and monitor the company's performance to make informed investment decisions.

References:
[1] https://247wallst.com/investing/2025/08/29/why-ethereums-rally-to-7500-makes-bitmine-immersion-a-must-buy-stock-now/
[2] https://www.marketscreener.com/news/certain-class-c-1-warrants-of-bitmine-immersion-technologies-inc-are-subject-to-a-lock-up-agreement-ce7c50d3d98bfe2d