Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 194

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 194
---
quirors from proposing an alternative acquisition proposal that may be more advantageous to Gryphon stockholders; •the prohibition on Gryphon to solicit alternative acquisition proposals during the pendency of the Mergers; •the substantial expenses to be incurred by Gryphon in connection with the Mergers; •the possible volatility of the trading price of the Gryphon Common Stock resulting from the announcement, pendency or the Closing; •the risk that the Mergers might not be consummated in a timely manner or at all; •the fact that the representations and warranties in the Merger Agreement do not survive the Closing and the potential risk of liabilities that may arise following the Closing; •the lack of availability of appraisal rights under the DGCL to holders of Gryphon Common Stock which would not allow holders to seek appraisal of the fair value of their shares of Gryphon Common Stock; and •the various other risks associated with the Combined Company and the transaction, including those described in the sections entitled “ Risk Factors” and “ Cautionary Statement Concerning Forward -Looking Statements” in this proxy statement/prospectus. The foregoing information and factors considered by the Gryphon Board are not intended to be exhaustive but are believed to include all of the material factors considered by the Gryphon Board. In view of the wide variety of factors considered in connection with its evaluation of the Mergers and the complexity of these matters, the Gryphon Board did not find it useful and did not attempt, to quantify, rank or otherwise assign relative weights to these factors. In considering the factors described above, individual members of the Gryphon Board may have given different weight to different factors. The Gryphon Board conducted an overall analysis of the factors described above, including the fairness opinion of Marshall & Stevens and including thorough discussions with and questioning of, the Gryphon management team and the legal advisors of Gryphon and considered the factors overall to be favorable to and to support, its determination. Other than arising out of the proposed Mergers and related transactions, Gryphon and its respective affiliates have no interest in, or affiliation with, ABTC. The existence of the differing, additional and/or conflicting interests described above may have influenced the decision of Gryphon’s directors and officers to enter into the Merger Agreement and Gryphon’s directors in making their recommendation that you vote in favor of the approval of the Mergers. Upon the Closing, it is not anticipated that any persons associated with Gryphon will be employed by or provide services to the Combined Company and there have been no conversations regarding