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The suit adds that NICbyte only learned of Bitwise’s loans, sale listings and its actual financial condition on May 26 – just days before the company-wide furlough of Bitwise employees was ...
The SEC, in its own complaint filed with the federal court, stated that Soberal and Olguin conducted an offering Bitwise stock in 2022 to raise funds to cover operating expenses, generating about ...
Bitwise Industries was an American company focused on computer programming instruction, technology sales, and real estate operations. Founded in 2013 by Irma Olguin Jr. and Jake Soberal in Fresno , the company grew to have campuses in additional cities before furloughing its workforce and terminating the co-CEOs in June 2023.
“I wouldn’t be a bit surprised if there wasn’t some kind of federal criminal investigation that follows as well,” Fresno Mayor Jerry Dyer said.
Just as a 2:1 stock split cuts a company’s shares in half, a 4-for-1 stock split divides each share into quarters. In this case, the post-split company will have four times as many outstanding ...
DocStar was formerly known as BitWise Designs Inc. and was founded in 1985, by Rensselaer Polytechnic Institute students John Botti and Ira Whitman. In 1992, BitWise began public trading under the stock symbol BTWS. In 1994, the document imaging division of BitWise was founded as DocStar.
Authorities reported that they could each face a maximum penalty of 20 years in prison.
It was a position in which she became a poster child for the company’s diversity: a self-described “queer Latinx” woman leading a company in the male-dominated technology industry.