茗韵堂美股招股说明书(2023-07-19版)

424B51ea181956-424b5_bitbrother.htmPROSPECTUSSUPPLEMENT FiledpursuanttoRule424(b)(5)RegistrationNo.333-256628 ProspectusSupplement (ToProspectusdatedJune3,2021,asamended) BITBROTHERLIMITED 200,000,000ClassAOrdinaryShares Weareoffering200,000,000ofourClassAordinaryshares,noparvalue,tocertainaccreditedinvestorsatapriceof$0.25persharepursuanttothisprospectussupplementandtheaccompanyingprospectus. OurClassAordinarysharesarelistedontheNASDAQCapitalMarketunderthesymbol“BTB.”OnJuly14,2023,theclosingsalepriceofourClassAordinaryshareswas$0.582pershare. Investinginoursecuritiesinvolvesahighdegreeofrisk.Youshouldpurchaseoursecuritiesonlyifyoucanaffordacompletelossofyourinvestment.See“RiskFactors”beginningonpageS-5ofthisprospectussupplementandonpage4oftheaccompanyingprospectus. NeithertheSecuritiesandExchangeCommission(the“Commission”or“SEC”)noranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesorpassedupontheadequacyoraccuracyofthisprospectussupplementortheaccompanyingprospectus.Anyrepresentationtothecontraryisacriminaloffense. WeexpectthatdeliveryofthesecuritiesbeingofferedpursuanttothisprospectussupplementandtheaccompanyingprospectuswillbemadeonoraboutJuly18,2023,subjecttocustomaryclosingconditions. ThedateofthisprospectussupplementisJuly14,2023 TABLEOFCONTENTS ProspectusSupplement Page ABOUTTHISPROSPECTUSSUPPLEMENTS-ii CAUTIONARYNOTEREGARDINGFORWARDLOOKINGSTATEMENTSS-iii PROSPECTUSSUPPLEMENTSUMMARYS-1 THEOFFERINGS-4 RISKFACTORSS-5 USEOFPROCEEDSS-8 DIVIDENDPOLICYS-8 CAPITALIZATIONS-9 DESCRIPTIONOFOURSECURITIESWEAREOFFERINGS-10 PLANOFDISTRIBUTIONS-10 LEGALMATTERSS-11 EXPERTSS-11 INCORPORATIONOFCERTAINDOCUMENTSBYREFERENCES-11 WHEREYOUCANFINDMOREINFORMATIONS-12 ENFORCEABILITYOFCIVILLIABILITIESS-12 INDEMNIFICATIONFORSECURITIESACTLIABILITIESS-12 Prospectus Page AboutthisProspectus1 OurBusiness2 NoteRegardingForward-LookingStatements2 UseofProceeds10 RiskFactors4 DescriptionofShareCapital10 Dilution10 DescriptionofWarrants12 DescriptionofOrdinarySharesandPreferredShares11 DescriptionofRights18 DescriptionofDebtSecurities14 PlanofDistribution20 DescriptionofUnits19 Experts22 LegalMatters22 InformationIncorporatedbyReference23 FinancialInformation22 EnforceabilityofCivilLiabilities24 WhereYouCanFindMoreInformation23 IndemnificationforSecuritiesActLiabilities24 Youshouldrelyonlyontheinformationcontainedinthisprospectussupplementandtheaccompanyingprospectus.Wehavenotauthorizedanyoneelsetoprovideyouwithadditionalordifferentinformation.Weareofferingtosell,andseekingofferstobuy,securitiesonlyinjurisdictionswhereoffersandsalesarepermitted.Youshouldnotassumethattheinformationinthisprospectussupplementortheaccompanyingprospectusisaccurateasofanydateotherthanthedateonthefrontofthosedocumentsorthatanydocumentincorporatedbyreferenceisaccurateasofanydateotherthanitsfilingdate. NoactionisbeingtakeninanyjurisdictionoutsidetheUnitedStatestopermitapublicofferingoftheordinarysharesorpossessionordistributionofthisprospectussupplementortheaccompanyingprospectusinthatjurisdiction.PersonswhocomeintopossessionofthisprospectussupplementortheaccompanyingprospectusinjurisdictionsoutsidetheUnitedStatesarerequiredtoinformthemselvesaboutandtoobserveanyrestrictionsastothisofferingandthedistributionofthisprospectussupplementandtheaccompanyingprospectusapplicabletothatjurisdiction. S-i ABOUTTHISPROSPECTUSSUPPLEMENT OnMay28,2021,wefiledwiththeSECaregistrationstatementonFormF-3(FileNo.333-256628),asamended,utilizingashelfregistrationprocessrelatingtothesecuritiesdescribedinthisprospectussupplement,whichregistrationstatementwasdeclaredeffectiveonJune8,2021.Underthisshelfregistrationprocess,wemay,fromtimetotime,issueupto$200millionintheaggregateofordinaryshares,preferredshares,debtsecurities,warrants,andunitsandrights.OnJuly20,2021,wefiledwiththeSECaprospectussupplementwhereweoffered anaggregateof1,500,000ofourordinarysharesandwarrantstopurchaseupto1,500,000ordinaryshares(eachonapost-reversesplitbasis).OnJanuary20,2023,wefiledwiththeSECaprospectussupplementwhereweofferedanaggregateof1,569,444ofourClassAordinarysharesandwarrantstopurchaseupto2,354,166ClassAordinaryshares.Approximately$137.3millionwillremainavailableforsaleasofthedateofthisprospectussupplement. Thisdocumentisintwoparts.Thefirstpartisthisprospectussupplement,whichdescribesthespecifictermsofthissecuritiesofferingandalsoaddstoandupdatesinformationcontainedintheaccompanyingprospectusandthedocumentsincorporatedbyreferenceintotheprospectus.Thesecondpart,theaccompanyingprospectus,givesmoregeneralinformation,someofwhichdoesnotapplytothisoffering.Youshouldreadthisentireprospectussupplementaswellastheaccompanyingprospectusandthedocumentsincorporatedbyreferencethataredescribedunder“WhereYouCanFindMoreInformation”inthisprospectussupplementandtheaccompanyingprospectus. Ifthedescriptionoftheofferingvariesbetweenthisprospectussupplementandtheaccompanyingprospectus,youshouldrelyontheinformationcontainedinthisprospectussupplement.However,ifanystatementinoneofthesedocumentsisinconsisten