Company: ABTC
Filing Date: 2025-07-22
Form Type: S-4/A
Source: 0001213900-25-066299
Chunk: 165

Company: American Bitcoin Corp.
Filing Date: 2025-07-22
Form: S-4/A
Chunk 165
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 Hut 8. By virtue of these relationships, Mr. Genoot and Mr. Ho may be deemed to share voting and dispositive power over the shares of ABTC held of record by ABH. • Management Following the Mergers. As described in the section of this proxy statement/prospectus titled “ Management Following the Mergers,” certain of ABTC’s directors and executive officers are expected to become the directors and executive officers of the Combined Company upon the Closing. • Compensation and Benefits. As described in the section of this proxy statement/prospectus titled “ ABTC Executive and Director Compensation,” certain members of the ABTC Board and ABTC’s executive officers are entitled to or are expected to receive, compensation and benefits in connection with their service to ABTC and the Combined Company. • Limitations of Liability, Indemnification and Insurance. The amended and restated certificate of incorporation of ABTC (the “ ABTC Charter”) and the ABTC Bylaws (the “ ABTC Bylaws”) contain indemnification obligations pursuant to which ABTC’s directors and executive officers 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. ABTC believes that the ABTC Charter provisions and ABTC Bylaws provisions are necessary to attract and retain qualified persons as directors and officers. For a discussion of the indemnification and insurance provisions related to ABTC directors and officers under the Merger Agreement, please see the section of this proxy statement/prospectus titled “ The Merger Agreement — Indemnification, Exculpation and Insurance.” Certificate of Incorporation and Bylaws of the Combined Company Pursuant to the Merger Agreement, prior to the Closing, the Gryphon Charter will be amended and restated to be in the form of the Proposed Charter included in this proxy statement/prospectus as Annex B. Gryphon and ABTC also expect that, upon the Closing, the Bylaws will be amended and restated to be in the form attached to the Merger Agreement as Exhibit B and this proxy statement/prospectus as Annex I, to incorporate necessary changes for consistency with the Proposed Charter and to make certain other changes that the Gryphon Board deems appropriate for the Combined Company. For additional information regarding the Proposed Charter, see the sections of this proxy statement/prospectus titled “ The Charter Proposal (Proposal 2)” and “ Comparison of Rights of Holders of ABTC and Combined Company Common Stock.” Name and