Bit origin ltd announces full exercise of underwriter's over-allotment option in underwritten public offering of ordinary shares

New york, june 29, 2022 (globe newswire) -- bit origin ltd (nasdaq: btog) ("bit origin" or the "company"), an emerging growth company engaged in crypto mining business with diversified expansion strategies, today announced that the underwriter of its previously completed underwritten public offering of ordinary shares, has fully exercised its option to purchase an additional 1,470,588 ordinary shares at an offering price of $0.51 per ordinary share, resulting in additional gross proceeds of approximately $0.75 million before underwriting discounts and estimated offering expenses.
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