Company: ABTC
Filing Date: 2025-07-29
Form Type: S-4/A
Source: 0001213900-25-068715
Chunk: 538

Company: American Bitcoin Corp.
Filing Date: 2025-07-29
Form: S-4/A
Chunk 538
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’s common stock at an exercise price of $ 1.50per share, at a combined purchase price per share and accompanying warrant equal to $ 0.40for third -partyinvestors and $ 0.516for directors and officers of the Company. F-73 Gryphon Digital Mining, Inc. Notes to the Consolidated Financial Statements For the Years Ended December 31, 2024 and 2023 NOTE 13 — SUBSEQUENT EVENTS (cont.) In January 2025, the Company raised net proceeds of approximately $ 2,336,000from the ATM for the issuance of 4,563,552shares. In January 2025, the Company entered into an investor relations consulting agreement. The agreement is for a period of six months with equal monthly payments of $ 12,500and the issuance of 350,000shares of the Company’s common stock. In January 2025, the Company issued 283,333shares of the Company’s common stock as payment for a consulting agreement. In January 2025, the Company issued 591,155shares of the Company’s common stock in accordance with the vesting schedule for the Board RSUs. Purchase of mining machines In March 2025, the Company purchased 1,900S19JPro series machines with an extended warranty. The purchase price was a cash payment of approximately $ 608,000and the issuance of $ 100,000of the Company’s common stock. As of March 31, 2025, the Company paid $ 558,000of the $ 608,000cash payment due. The issuance of $ 100,000of the Company’s common stock remains outstanding. Potential acquisitions Captus Energy On January 8, 2025, the Company and Alberta Ltd., entered into a Share and Unit Purchase Agreement (the “Captus Agreement”) with BTG Energy Corp., a Canadian corporation (“BTG Energy”), BTG Power Corp., a Canadian corporation (“BTG Power”) and West Lake Energy Corp., a Canadian corporation (“West Lake,” and together with BTG Energy and BTG Power, the “Vendors”). Pursuant to the Captus Agreement, the Company will acquire from the Vendors all of the issued and outstanding shares or units, as applicable, of (i) Captus Generation Ltd. (“Captus GP”) and BowArk Energy Ltd., each a Canadian corporation, and (ii) Captus General Limited Partnership, a Canadian limited partnership (collectively “Captus Energy