Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 40

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 40
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 will contain indemnification obligations pursuant to which ABTC’s or the Combined Company’s directors and executive officers, as applicable, are indemnified for reasonable expenses and liabilities incurred in connection with any action or proceeding brought against them by reason of the fact that they are or were agents of ABTC or the Combined Company, as applicable. For more information, please see the sections titled “ Risk Factors” and “ The Mergers — Interests of ABTC’s Directors and Officers in the Mergers,” “ Management Following the Mergers,” “ ABTC Executive and Director Compensation,” “ Beneficial Ownership of ABTC” and “ The Charter Proposal (Proposal 2)” of this proxy statement/prospectus for a further discussion of these interests. Q:Will the management of the Combined Company change in connection with the Closing? A:Each of the executive officers and directors of Gryphon will resign at the Closing. It is anticipated that the executive officers of ABTC will serve as the executive officers of the Combined Company and each of Michael Ho, Michael Broukhim, Asher Genoot, Justin Mateen and Richard Busch will be appointed to serve as directors of the Combined Company. For additional information, please see the section titled “ Management Following the Mergers.” Q:What happens if I sell my shares of Gryphon Common Stock before the Special Meeting? A:The Record Date is earlier than the date of the Special Meeting. If you transfer your shares of Gryphon Common Stock after the Record Date, but before the Special Meeting, unless the transferee obtains a proxy from you to vote those shares, you will retain your right to vote at the Special Meeting. If you transfer your shares of Gryphon Common Stock prior to the Record Date, you will have no right to vote those shares at the Special Meeting. Q:Do I have appraisal or dissenters’ rights in connection with the proposed Mergers? A:Gryphon stockholders do not have appraisal or dissenters’ rights under the Delaware General Corporation Law (“ DGCL”) in connection with the Mergers. Q:What happens if the Mergers are not consummated? A:There are certain circumstances under which the Merger Agreement may be terminated. See the section titled “ The Merger Agreement — Termination of the Merger Agreement” for information regarding the parties’ specific termination rights. xxiv Q:When are the Mergers expected to be completed? A:Under the Merger Agreement, the Closing will occur on the second business day after