| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SDIG | Class A common stock, par value $0.0001 | Disposed to Issuer | -65.9K | -100% | 0 | Mar 14, 2025 | Direct | F1, F2, F3 |
Thomas R. Trowbridge IV is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| Id | Content |
|---|---|
| F1 | Represents shares of Class A common stock, par value $0.0001 per share ("Class A common stock"), of Stronghold Digital Mining, Inc. ("Stronghold") disposed of pursuant to the closing of the transactions contemplated by the Agreement and Plan of Merger (the "initial merger agreement"), dated August 21, 2024, by and among Stronghold, Bitfarms Ltd. ("Bitfarms"), Backbone Mining Solutions LLC, an indirect, wholly-owned subsidiary of Bitfarms ("BMS") and HPC & AI Megacorp, Inc., a direct, wholly-owned subsidiary of BMS ("Merger Sub"), which was amended by amendment no. 1 thereto dated as of September 12, 2024 ("amendment no. 1," and together with the initial merger agreement, the "Merger Agreement"). |
| F2 | (continued) At the Effective Time (as defined in the Merger Agreement), Stronghold merged with and into Merger Sub with Stronghold continuing as the surviving corporation, and each share of Class A common stock issued and outstanding immediately prior to the Effective Time was converted into the right to receive 2.52 Bitfarms common shares, no par value ("Bitfarms common shares"), with any fractional shares paid out in cash. |
| F3 | On March 13, 2025, the last trading day prior to the Effective Time, the closing price of one Bitfarms common share was $1.09. |